another bad thing about shorting is when you lend short shares for a day trading it can be lets say a 50cents/100 shres, but the brokers charge you way much for overnight borrowing even $50/100 shares. As they know that a short seller is trapped and sometimes holding the shares overnight will incur double the loss due to the overnight borrowing fee. Many stock will move sideways and holding them isnt a good idea as you ll be charged for each night
Better to buy puts than short the stock, since you then have a cap on your losses.
I think beginners should not short at all !
in the right market shorting is very lucrative but those mega squeezes can and will wipe away weeks of work quickly.
Absolutely the best video!!!!!! I loved it and I learned so much in such a short time. Thank you again!
Glad I watched this video .
Thank you Ross I watched your recap today and noticed you mention didn’t trade AVTE since it’s easy to borrow, which unfortunately I did take a long position and lost $100. I know I would be able to find your video about this topic. God bless you❤
I love this channel!! I learn a lot with it. Thanksss
Wait a minute. Are you shorting Tesla right now? Are you ok? Lmao. Love your content btw!
GREAT presentation Ross. Thanks
I see Vematum as a long-term hold. Great fundamentals!
Learning a lot thanks to you ❤
Thank you Ross. You do a great job explaining concepts.
I was able to end in the week green with an 8% profit in account trying to make this a six figure account soon
Here’s my question that’s not clear WHEN do the shorts have to “cover” where does it show that?
What percentage would be a good return on a monthly basis for day traders? Last month I made $62K starting my account value from $470K and ended the month at $532K in my 1st month starting as a full-time day trader.
Came here after accidentally shorting and somehow made money on it.
Vematum is making moves quietly. Keep an eye on it!
Ross. Thanks
@SoundsLikePaul