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Am short Nvidia with a small amount with a -25% stop and a +50% limit and a 4 leverage. Let's see what happens
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@topicswithhead Which broker are you shorting with?
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@topicswithhead Dangerous, how much do you lose if Nvidia goes up 10%? If I had to bet again apart from my long position, I would say expectations will be beaten especially on earnings. Of course, they may still give a cautious outlook
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@topicswithhead what will happen!
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@Soprano estimate that the margin will narrow and the outlook will slowly deteriorate, but this may not happen until the next quarter, so only a bet with a stop loss
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@topicswithhead aren't NVIDIA earnings after hours? Does the SL work then?
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@VermoegenMitAktien No, this does not work. If NVIDIA makes +10% after the close and opens at 8 a.m. the next day, the security will be sold immediately through the SL, but at approx. -40%, regardless of where you set the SL overnight.
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@Negroni was about to say, would have been new to me
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@Negroni Wow, that can really backfire, even with a small amount.
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@Soprano I'm already aware of that, which is why he also has the knockout in a fairly narrow border with a straddle (at least in that way)
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@topicswithhead Apart from that, I can use my loss top in the event of a default and thus have a tax equalization on the dividends and co