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I wanted to learn how to short stocks but with limited exposure a while ago. Not sure what I wanted to short back then. But maybe I'll try to short Discord now just for fun.
71 sats \ 1 reply \ @ek 28 Mar
Oh, I think I wanted to short XRP, not a stock.
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Haha you can do that on Binance I am sure
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I think most trading platforms only offer shorting through CFDs, not the real way of shorting, which is borrowing actual shares to sell with a promise to buy them back later. I’ve never shorted and don’t plan to because when you short, you can lose more than 100%, while when you're long, the most you can lose is 100%.
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Yeah shorting is risky business. Why they turned off the buy button on Robinhood to stop the pain for those who were short GameStop stock
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