What kinda mook doesn’t put in a buy-stop order when short selling?
A mook who has no fucking clue what he’s doing, that’s what kind.
I don’t feel the least bit of sympathy for this guy. He’s the one on the other end of my trades whose money I’m taking. If you’re going to play games like that, you better know what you’re doing or you’re going to be poor right quick. And I’ll have your money and be wishing you good luck on retiring to that Frigidaire box.
Sold a few stocks short. Lost very little money, made a large net gain overall. The reason is buy-stop orders.
A hard lesson, but if you are gambling understand the stakes. (This guy was gambling. What I do is not gambling.)