BRN 6.25% 17.0¢ brainchip holdings ltd

Short position open to 10c, page-124

  1. 858 Posts.
    lightbulb Created with Sketch. 138
    I have tried short selling CFD's in the past (successfully), but will never short sell again.

    The thing with short selling, is that it's morally evil. The target is to hit peoples stoplosses and create a cascade, then you do your buy back. Hence the reason I never use a stoploss share trading. I am lucky that I have my computer beside me everyday so can do this.
    The issue is that what you are really doing is stealing peoples hard earned money, generally hardworking peoples money that is sometimes their retirement funds.
    It's not ok to say that it's just business.
    The guilt you feel when you have tried this and realize what you are doing is horrendous.
    Generally it's the domain of large investment companies to use theis strategy, but the thing is that someone is now required by that company to perform the operation. Someone has to pull the trigger.
    Its's a sad world that greed and performance allows this to be legal.
 
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