Re:Etsy stock has lost 76% of its value in 9 months
by toomuchtodo on Friday January 15, 2016 @04:58PM
(#10912493)
It's okay to pick on me, I wrote the comment without putting a lot of context in it. I usually stick to trading commodities, not equities.
My comment really was saying, "I believe that tech startups have significant headwinds, poor underlying fundamentals, and would like a simple way to capture the profits from trades made around those assumptions."
Re:Etsy stock has lost 76% of its value in 9 months
by aidenn0 on Friday January 15, 2016 @05:12PM
(#10912600)
Unfortunately, the market can stay irrational longer than you can stay solvent.
Re:Etsy stock has lost 76% of its value in 9 months
by toomuchtodo on Friday January 15, 2016 @05:58PM
(#10912918)
Words to live by.
But there are pretty big structural differences between going short and going long. In particular, you need to know much more precisely when the bad things are going to happen. Sometime do a short (and if you already have, great, you know what I'm talking about). Its not nearly the "haha how stupid are they", people think it is.