• vga@sopuli.xyz
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    2 days ago

    I should really start looking into shorting stocks. I was looking at the news and Nvidia’s stock and thought “huh, the stock hasn’t reacted to these news at all yet, I should probably short this”.

    And then proceeded to do fuck all.

    I guess this is why some people are rich and others are like me.

    • peregrin5@lemm.ee
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      2 days ago

      It’s been proven that people who do fuckall after throwing their money into mutual funds generally fare better than people actively monitoring and making stock moves.

      You’re probably fine.

      I never bought NVIDIA in the first place so this news doesn’t affect me.

      If anything now would be a good time to buy NVIDIA. But I probably won’t.

      • MutilationWave@lemmy.world
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        2 days ago

        The vast majority of my invested money is in SPY. I had a lot of “money” wiped out yesterday. It’s already trending back up. I’m holding for now.

    • Knock_Knock_Lemmy_In@lemmy.world
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      2 days ago

      It’s pretty difficult to open a true short position. Providers like Robinhood create contract for differences which are subject to their TOS.