The poster said I've had "lots" of big losses. $200k was my biggest loss shorting and my next biggest loss shorting is around $20k. Considering the size of my portfolio, $20k is peanuts. You can't get every trade right and I'm happy to admit I don't. But "lots of big losses" is factually incorrect.
People also like to think that 20% of PLS shorts need to cover. The reality is that a lot of those shorts are hedging their long positions, so they are net neutral. This is a tax effective strategy.
The poster said I've had "lots" of big losses. $200k was my...
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.62B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 184478 | 23 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |