just_another_person@lemmy.world to politics @lemmy.world · 12 days agoElon Musk Begs Tesla Staff Not to Sell Their Stocksfuturism.comexternal-linkmessage-square159fedilinkarrow-up1899arrow-down115file-text
arrow-up1884arrow-down1external-linkElon Musk Begs Tesla Staff Not to Sell Their Stocksfuturism.comjust_another_person@lemmy.world to politics @lemmy.world · 12 days agomessage-square159fedilinkfile-text
minus-squareThirdConsul@lemmy.mllinkfedilinkarrow-up6·edit-211 days agoUm… Selling a stock if you have it, is a long, not short position. Short position is always about borrowing it first and profiting from the margin. And if you have a long position and sell it on a downward trend chances are you’re losing money.
minus-squarepeoplebeproblems@midwest.sociallinkfedilinkEnglisharrow-up3·11 days agoYou’re right. I think I just smashed the thoughts into one sentence at the beginning
Um… Selling a stock if you have it, is a long, not short position. Short position is always about borrowing it first and profiting from the margin. And if you have a long position and sell it on a downward trend chances are you’re losing money.
You’re right. I think I just smashed the thoughts into one sentence at the beginning