soxs Is actually traded as a normal stock- they do the shorting for you. But since it’s triple leveraged it’s very risky. If you get it wrong you lose 3x the money of a normal short. If you want to learn how to short normally (single leverage) you can ask gemini, I’ve found it to be pretty good with financial training and explaining the ins and outs of specific trading platforms. But know this. With shorting you can go past zero into debt , as a stock can go up more than 100%, so you can lose more than 100% of your money. It’s not really where you should start as a beginner. Maybe a better way to bet against AI is just to bet on old fashioned value stocks or ones paying big dividends, as they are mostly quite beaten down now.
How do we short stock for amateurs
soxs Is actually traded as a normal stock- they do the shorting for you. But since it’s triple leveraged it’s very risky. If you get it wrong you lose 3x the money of a normal short. If you want to learn how to short normally (single leverage) you can ask gemini, I’ve found it to be pretty good with financial training and explaining the ins and outs of specific trading platforms. But know this. With shorting you can go past zero into debt , as a stock can go up more than 100%, so you can lose more than 100% of your money. It’s not really where you should start as a beginner. Maybe a better way to bet against AI is just to bet on old fashioned value stocks or ones paying big dividends, as they are mostly quite beaten down now.
Have money in a roth or ira somewhere and buy SOXS.