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/biz/ - Business & Finance


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24887343 No.24887343 [Reply] [Original]

OH NO NO NO NO HAHAHAHAHHA

>> No.24887371

>>24887343
Couldn't have happened to nicer guys, too.

>> No.24887424

You fucking assholes. You will pay.

>> No.24887463

>>24887343
Why did they put the Ethereum logo into the article

>> No.24887483

>>24887343
>being a bear ever
Imagine shorting in a bull market

>> No.24887491

>>24887424
Lmao

>> No.24887501

Biz, I dont know shit about trading. All I know I how to buy and sell. What does short and long mean in simple terms.

>> No.24887529

>shorts liquidated!!
>next: surely we will leave those juicy longs alone right??

>> No.24887538

>>24887501
short: sell asset that isn't yours
long: buy asset that isn't yours
liquidation: your loaner had enough of your shit trade and takes everything you put on as collateral

>> No.24887599

>>24887501
long: you want the price to go higher
short: you want it to go lower
then you set your leverage, say you make a $1000 long with x5 leverage, you then get 5% of your 1000 for each 1% the price goes up relative to your entry point
same deal if it goes down, the higher the leverage the higher the risk. with x100 only 1% dip in the wrong direction and your entire position gets liquidated and then it's pink wojak time

>> No.24887952

>>24887538
>>24887599
Woah. And how much money do I have to "bet" alongside the loaners assets? Is there some % correlation?

>> No.24888242

The bear trap had triggered.
Next phase is "media attention". Price will shoot to 50k.

>> No.24888256

>>24887463
Kek

>> No.24888301

>>24887952
leverage is the multiplier
3x = borrow 3x your stake
100x = borrow 100x your stake
Margin Level = ((Equity+/-P/L)/Used Margin)*100, conveyed as a percentage
If it goes below 80%, they call you and say put more money in
If it goes down to 40% they take everything and say thanks for playing
Don't touch it if you don't understand it
If you're willing to do the math and eat the risk, go balls deep (but for the love of god not during this run)

>> No.24888321
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24888321

https://seekingalpha.com/news/3645165-cleveland-cliffs-pushes-plate-prices-to-900-st-ex-works

>> No.24888338

>>24888321
god I love CLFchad
in absolute awe of that dumb motherfucker

>> No.24889196

>>24887371
kek

>> No.24889441

>>24887424
Bobo, are you okay? Bobo? Bobo?! Oh nonononono! Bobo are you okay?! Bobo, please answer! Bobo!! No, Bobo! I need to know if you're okay or not! Are you, Bobo?! Bobo can you hear me? Bobo! Bobo!!

>> No.24889478
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24889478

>>24887343
>>24887424
hahahahahahahahahahahahahahah

>> No.24889501

>>24887463
kek

>> No.24889710
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24889710

B-but I worshipped my idol just yesterday...