I feel like shorting nasdaq. What should I do? (sh.itjust.works)

submitted 10 months ago by someacnt@sh.itjust.works to c/personalfinance@lemmy.ml

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I guess I can introduce stop-loss and other cautionary measures to prevent snowballing loss, but shorting is shorting.. Wonder if I could resist the urge.

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[-] bamboo@lemmy.blahaj.zone 8 points 10 months ago

Just to add some more words of caution, when you buy an investment, you can potentially lose up to 100% of your principal, and there is no limit on the amount of money you can gain. When you short an investment, you can lose more than 100% of your principal, and are limited on your gains if the price goes to $0.

[-] someacnt@sh.itjust.works 2 points 10 months ago

Yeah, this is exactly why stop-loss exists, and you should ideally open and close shorts pretty quickly.

this post was submitted on 31 Oct 2025

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