2D·
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The trade was already closed yesterday afternoon and brought a profit of almost 30%. I am satisfied.
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. In the long term, LVMH is certainly a great company and a good investment. It is quite possible that we will see prices rise again in the next few weeks. My short-term trade had nothing to do with the medium or long-term outlook.
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Why are you going short? Have you checked all the news of the last 48 hours for reasons to go short?
https://www.deraktionaer.de/artikel/commerce-brands-unicorns/lvmh-und-co-neue-china-hoffnung-treibt-an-20385830.html
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@felipeestupendo thank you, but I already closed the position yesterday with a profit of almost 30%
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@Iwamoto Congratulations 😊
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uff u really want to get it dropped :D
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LVMH Short???
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Gladly, at 440 I'll take another tranche
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@Sand I'm waiting for 399, hopefully they'll come one day
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@Iwamoto Do you really think they will go down?
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@ChrisKay could happen but also upwards, the share has a name and many have wanted to get in for a long time and are buying like there's no tomorrow. In my opinion, better companies to short where sentiment is more negative.
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@MEMO1993 Yes, I originally wanted to short Heineken today, but that wouldn't have worked out
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@MEMO1993 I tend to see them at a constant level. As you mentioned, many people got in because of the price and "stabilized" the share. @Iwamoto I'll keep my fingers crossed for you in any case! :-)
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@Iwamoto I'll keep my fingers crossed ^.^ , for me it would be risky biski
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What has changed since your last short purchase? Or what is causing you to increase your position?
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@Sansebastian oh no, I closed the position a long time ago. Ideally, I only hold the positions for one trading day and try to take the relatively large leverage gain from the short-term movement.
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@Iwamoto Now that's what you call gambling...!
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@Cato_Bamboo I thought that was called day trading. Thanks for the explanation. 🤭
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@Iwamoto and what makes you positive that your short will be positive this time?
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Why only that small purchase? For you it’s penny anyways
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