Shorting
$Futu Holdings Ltd (FUTU.US)$ how do we short a stock? can shorting a stock earn money?
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Mmm_mmM : U can consider using cfd, but margin and overnight fee incurred
KongWeePeh : Clear all your stock. Short Sell amount will appear. Key the highest target and amount. Click sell. When the price drop your target price. Click Buy.
doctorpot1 : If you are thinking of shorting any stock please please go learn about what is the risk of shorting before doing it. You want to short sure but make sure you know the risks are. Shorting a stock have a limited profit potential but unlimited loss potential. Because you earn money if share price falls but lose money if it goes up. so the max it can go down is to 0, but the price can go up to the moon.
Plus you have to pay fees for shorting a stock, the broker can ask you to cover your short anytime, and you are at risk of short squeeze.
doctorpot1 : shorting a stock means you borrow from someone the shares to sell first, then later you buy back and return it. so you earn if the price drop because you can buy back cheaper and return to the owner. but if price goes up, you still have to buy and return to owner so you lose money that way.
the scary part is if the stock price goes to the moon, you can get margin called and then lose everything in your account. you can learn the concept here too https://youtu.be/CAs_aX95tVQ