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69 sats \ 4 replies \ @ek 28 Mar \ parent \ on: Discord is planning an IPO this year, and big changes could be on the horizon Stacker_Stocks

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.

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134 sats \ 1 reply \ @0xbitcoiner OP 28 Mar

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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35 sats \ 0 replies \ @BlokchainB 28 Mar

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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71 sats \ 1 reply \ @ek 28 Mar

Oh, I think I wanted to short XRP, not a stock.

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0 sats \ 0 replies \ @BlokchainB 28 Mar

Haha you can do that on Binance I am sure

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