My $500,000 Short Trade Explained...
December 28, 2023
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6:13Now PlayingMy $500,000 Short Trade Explained...
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as posted by the channelI am shorting $coin as a day trade, a seller opens a short position by borrowing shares, usually from a broker-dealer, hoping to buy them back for a profit if the price declines. To close a short position, a trader repurchases the shares—hopefully at a price less than they borrowed the asset—and returns them to the lender or broker.
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