First time trying to short sell, unexpectedly using futu trading FUTU.
$Futu Holdings Ltd (FUTU.US)$
Have never short sold before, first time unlocking, very cautious, tried with 20 shares to see how it goes, and got it right.
Go Futu!![]()
Have never short sold before, first time unlocking, very cautious, tried with 20 shares to see how it goes, and got it right.
Go Futu!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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102534782 : How to do this
闪闪de金色de环儿 OP 102534782 : How to edit this type pictures?
I use MEITU app.
102534782 闪闪de金色de环儿 OP : Hahah I mean how to short sell
闪闪de金色de环儿 OP : For my case, I think from $48 FUTU will drop, I choose short selling and sell it.
When drop to $46, I choose to buy.
闪闪de金色de环儿 OP : The mechanism where you can make money just by betting in the opposite direction is really amazing! However, if you step on the wrong point, the losses are also heavy; they are serious enough.
KongWeePeh : Only bad thing is that you are biding higher price instead of lower price. Also with addition interest charges thou it is very little.
wantqq123 : The biggest profit margin for short selling is when the stock price falls to 0. The room for loss is theoretically unlimited, and the risk is greater than how much it is done.
闪闪de金色de环儿 OP : I really like using the Futu platform; I hope it will go up soon.
闪闪de金色de环儿 OP wantqq123 : Yes, I understand the point, so I just tried how to do it; I only dared to release 20 shares.
thesunz : Teach me
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