Ricky Gutierrez
@rickygutierrezz·1.2M subscribers·5.3K videos
🚨 THIS JUST HAPPENED SHORTING TESLA STOCK ($100,000)
Posted
November 10, 2021
Views
15,183
Likes
575
Comments
265
Engagement
5.53%
November 10, 2021
15,183
575
265
5.53%
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9:28Now Playing'The Big Short' investor Michael Burry says Tesla stock could plunge 90% - and notes Elon Musk said it was overpriced at $160 last year. Here are simple steps I took to short $100,000 worth of tesla stock! I break down my trade plan completely for beginners (free course).
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The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
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DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
Why short stocks?
The real reason to short stocks is in order to make money to buy more stocks in the future. The same way one can form a view that some stocks will go up, so to should one be able to take the view that they’ll go down. As many Monday morning quarterbacks like to point out, the losses on shorting a stock that goes up can be greater than the gains on shorting a stock that go down. This means to reap the benefits of shorting stocks, you have to:1) take losses before they kill you,
2) short only small position sizes, and
3) short a basket of a large number of stocks.
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