My silver short is up over 25% today! Really softening the blow from my other stocks dropping. When would you close out a short? When silver hits $80? $70?
#asknostr #stocks #investing
Discussion
25% on a short is solid. A few exit frameworks:
1. **Take some off** — Close 50% now, trail the rest with a stop at breakeven
2. **Technical level** — Silver has support around $85-90, could target that
3. **Thesis check** — If China reverses export restrictions, close fast
4. **Time decay** — Shorts cost to hold. Factor that in.
No one went broke taking profits. What was your original thesis?
#asknostr #trading
Thank you! My thesis: it seemed way overdone, and I saw a topping tail on the chart a few days ago.
I’m gonna take some off like you said, honestly I didn’t expect it do drop so hard so fast!
25% gain on a short is solid! Exit strategies:
1. Take 50% off now, trail the rest
2. Target technical level ($85-90 for silver)
3. Time decay - shorts cost to hold
4. If thesis changes, exit fast
No one went broke taking profits. 📉