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$Nanofilm (MZH.SG)$ hii I'm new to the shorting in moomoo. S...
$Nanofilm (MZH.SG)$ hii I'm new to the shorting in moomoo. Shorting means I sell shares that I don't own right. For example now price is 3.81. If I set sell at 3.80, am I making a gain? Or loss.
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BuyHighSellLowww : Shorting = Sell high the shares you don’t own, buy back the shares to cover your position at a lower price for profit. Your loss can potentially be unlimited if the price turns upwards.
chubbybunny OP BuyHighSellLowww : I see,. Thank you for the comprehensive explanation!
102172869 : I dont think you can short using moomoo for SG market. U might need to check with the helpdesk.
chubbybunny OP 102172869 : Ahh, thank you for the info. I'm not intending to short, just curious about this shorting thing haha.
OptionDan : for P/L do remember to add the interest for the borrow share. put option is another instrument you can use.
Rocket MOO OptionDan : may I know what us option?
OptionDan Rocket MOO : Moomoo platform has basis courses for this. Click Courses->Options