Thanks for that. 3000 shares at $30 loss per share. Loss of $90,000.
Could have covered a once in a lifetime event like this by ticking the insurance box and paying 0.3%. Then the max loss would have been 5%.Just letting you guys know if you already don't, that shorting can burn badly. Statistically the share market heads in the upward direction more than 2/3 of the time.
If you need a little more info on what the market can do then I can tell you that I know of a guy who had $1.8mill in the market of which $600,000 was a margin loan. He did not sell off his holdings in the financial colapse and lost the lot as a result. All the years of builiding up the wealth were wasted.
With my own loss above I have received a refund from the tax office on tax paid of $32,000 this year and will get the rest over time. Instaed of writing off losses against gains I call myself a trader and therefore write off any losses which do not balance out against tax paid in my first job. That allows me to experiment a little more.
Hope the above info is usefull to some of you.
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Last
$43.40 |
Change
-0.160(0.37%) |
Mkt cap ! $220.1B |
Open | High | Low | Value | Volume |
$43.11 | $43.56 | $43.09 | $248.4M | 5.730M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5716 | $43.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$43.41 | 4801 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 260 | 43.360 |
2 | 246 | 43.350 |
2 | 1845 | 43.320 |
2 | 1500 | 43.310 |
4 | 1462 | 43.300 |
Price($) | Vol. | No. |
---|---|---|
43.410 | 1700 | 1 |
43.420 | 750 | 1 |
43.450 | 1200 | 1 |
43.470 | 136 | 1 |
43.500 | 4095 | 6 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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