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/biz/ - Business & Finance

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512727 No.512727[DELETED]  [Reply] [Original]

How to get rich /biz/? I haven't seen these threads for a while, so created a new one.

>> No.512729

Buy PND
Short PRAN

>> No.512732

>>512729
fucking poor fag its buy pran and short pnd

>> No.512734

>>512727
short PRAN
short PND

>> No.512737

>>512727
start a dragon glass dildo bussiness

>> No.512745

>>512729
No money to buy PND, no PRAN to short. Any other ideas?

>> No.512752

>>512745
>no PRAN to short
You haven't had to own a stock to short it for probably around 70 years

>> No.512756

>>512752
Doesn't "short" mean sell?

>> No.512763

>>512756
Selling is part of shorting, but short is not sell no. You borrow, sell, buy, return.

>> No.512765

>>512745
>How to get rich /biz/?
>No money to buy

kek

>> No.512768

>>512756
Yeah, but it means selling something you don't own, as in borrowing. If you're gonna trade equities, you have to learn the terms, how to analyse the charts and the companies.

>> No.512771

>>512763
What? Please explain that? Or give a link to wikipedia.
>>512765
If I had money I'd already be rich.

>> No.512779

>>512768
It doesn't explicitly mean selling something you don't own. If you held a position in a stock you could also short sell it.

>> No.512780

>>512779
Like, it's the same outcome. I dunno the semantics.

>> No.512781

>>512771
Well there are a shitload of sources on the internet about, buying, shorting, buying to cover, etc.Look them up. Are you trying to get into the stock market? Because you should already have some sort of capital to profit or the commission will make you lose or break even at best.

>> No.512814

>>512771
>If I had money I'd already be rich.

doesn't even make sence.

Let me get this straight, your asking how to get rich with no investments because you don't have any money.

>> No.512818

>>512771
Jesus, it isn't hard and it's easy to search. I'll spoon feed you this one time because I'm bored
1. You borrow whatever you want to short (in this case PRAN) from someone who owns it. In exchange you pay him interest.
2. You sell what you borrowed.
3. You wait for the price to drop.
4. You buy what you borrowed.
5. You return what you borrowed and pay any interest owed.

Sell high, buy low as opposed to going long which is buy low, sell high.

>> No.512819

>>512818
Who might be interesting in borrowing something to me?

>> No.512821

>>512819
Told you I'd only do it once. Learn to google.

>> No.512827

>>512821
OK, thanks m8.

>> No.513568

still no clear answer to OP

>> No.513573
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513573

>>512727
>I haven't seen these threads for a while, so created a new one.
Bullshit. There's more than one every hour.

>> No.513618

>>513573
That's /biz/ m8.