Russian Shorts Screwed

[JackMorgan]

https://www.bnnbloomberg.ca/investo...-now-stuck-paying-never-ending-fees-1.1767210

This is really bad. They should change the rules to suspend borrow fees on halts over X days.

 

[FreeGoldRush]

There are so many hidden costs with going short. None of the shorting retail traders I read messages from have any idea.

 

[SunTrader]

Keep believing that. As it applies to futures that is.

I luuuuv it.

 

[FreeGoldRush]

Keep believing that. As it applies to futures that is.

I luuuuv it.

My comment was regarding stocks. With futures there is obviously a short for every long.

 

[SunTrader]

My comment was regarding stocks. With futures there is obviously a short for every long.

Ok nevermind.

 

[SoyUnGanador]

Damn, that would suck. I used to shorty UVXY a good bit, and SQQQ as well. Still have some short, but let them run down. Don't think I'll be doing that any more, I'll just continue letting them run down. Too darn much risk...

 

[murray t turtle]

.. that would suck. I used to shorty UVXY a good bit, and SQQQ as well. Still have some short, but let them run down. Don't think I'll be doing that any more, I'll just continue letting them run down. Too darn much risk...

%%
FNGD clawed back some profits from me;
but up over all on that one this yaer .
I lost money on the Russian inverse ETF only once, no big problem but semi -liquid stuff i seldom trade.
FNGU used to trend much better, most always had a big bid\ask, no problem unless daytrading it.
But one SEPT it downtrended about 50% in one week /LOLSeverl months or more later i stopped traded that FNGU mainly because it stopped uptrending % so well, even though its beating TQQQ this week \ usually doesn't.