HSX Forum

Playing & Trading Strategy

I hear you...

Posted by: Flash on Mar 25, 09:42 in response to swordfish1's post Losing money on short stock. Just can't get a break

I've done the same things... unloaded lots of stocks I've had long... shorted some stocks that are far away from release (used to be a BIG no-no!), sold off lots of 'development' stocks, tried to focus just on stocks that have release dates, or in production, shorted some... longed some... didn't max out on some I bought, maxxed out on others... seems like stocks in the 'red' every day are way more than those that are 'green.'

If you own 100K shares of a stock, and it drops $1, then that's 100K you lose... JUST on that one stock!  Multiply that by many I hold, and it adds up fast... Same holds true on ones I short.

I'm trying to decide if I want to start holding EVERYTHING short...since the stocks that are red every day really offset the ones in the green... or if they ARE green, it's only 2-3 cents...lol

This is really baffling me...

 





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