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Don't bother, it's one of the most shorted stocks right now so the price to short it is comparably high.

Pro tip: if you're reading about it on mainstream news, it's probably too late to jump on the train.

It's a HUGE gamble, if it goes up you could be millions in debt.
It seems obvious it would go down right?
But, there's always the possibility that a foreign entity (Russia) launders money to him by buying up a shit ton of his stock and drives the price up.
That would ruin the lives of people trying to make money by shorting it.
I wouldn't encourage anyone to gamble in this economy, but especially not on a con-man with connections to very rich foreign governments who have a vested interest in making sure he makes money.

If you don’t understand how shorting stocks work then don’t do it. Better to just buy a bunch of put options or derivatives that go up in value when the stock drops and have a built in stop loss.

If you short a stock directly the theoretical losses are infinite and the max profit is only the money you received from the short sell.

Gambling is still gambling no matter how much of a "sure thing" it seems like it would be. The more "obvious" something is, the less pay-off and higher cost there would be.

Plus, the money from gambling on the stock market comes from all the people being financially ruined by choosing wrong. Is that where you want your money to come from? Would you be able to stomache that?

Shorting a stock can be fairly risky, and if you're not familiar with it then don't do it.

However, if you are willing to risk some money and think a stock will go down within a certain time frame, then you could buy a put. Owning a put will allow you to get some of the gains from the stock falling for a fixed price. The risk is defined because you can't lose more than you buy the put for. So if the stock price goes up, you will have a defined loss.

The other wrinkle with puts (or calls) is that they expire (which a short stock does not). So you need to be aware of how the price will change with time as well. It is worth doing some reading on this subject. Getting the basic idea isn't too hard, but it is necessary before you make a purchase.

Obvious shorts can be dangerous because they can always be squeezed if too many people try to get in on it. Holding puts is much safer because your broker can force you to close a short position if it doesn't like the risk involved in it (infinite downside potential). Holding a put has no risk (the only downside is the up front cost to buy the put, so you're already in for that regardless of what the price does). But that said, you can still lose 100% of whatever you put into it easier than you'll lose 100% of a stock investment.

That's why I didn't touch DJT or RDDT, despite being pretty confident that they will fail in the long run. Short and medium term prices are unpredictable and become more likely to go up the more people bet they'll go down.

Well, if enough people short it, people can hold onto stocks knowing you have to buy them back. Then you're actually encouraging stock prices to go up, screwing yourself.

I've dabbled in stocks and made some good/some bad choices (with a small amount of "play" money I was comfortable with losing if it all went to shit), but some of these gambling investment strategies, I just don't understand how you're even supposed to initiate them and I'm guessing I'd get into more trouble than it'd be worth.