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There is 0% chance of a 300% loss as of this moment when all World Banks are coordinated.Second you should only use 30% of your capital. That will get you through a 300% upside.His article was genius. Even for people who went short today. I added at $16.30 yesterday and feel just fine with practically no fear of loss. It feels nice that you can depend on this product.I would very much like a 15% gain as you suggested. That is quite nice...
Much safer to buy puts than to short. I have both puts and calls right now, FOMC could cause a big swing either way this afternoon.
If your looking for a short you have to look at it differently.The price is $16.75. It is guaranteed to go to $0. So that is a 100% gain. If you initiate today you have a 100% chance to make 100%.You will have a 5% chance that it can go up 300%. Therefore if you're worried about that, and I am not, then use 33% of your capital.Eventually you will double your money.Or take a 5% chance to triple your money. Seriously?