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Chaka Profile picture
Chaka
@ChakaStocks
Simplifying stock market trading for Africans. #OwnTheFuture. Licensed by the Securities and Exchange Commission.
Feb 4, 2021 • 6 tweets • 2 min read
This is how "Short Selling" Works

A #Thread

1/6

ABC Company is currently trading at $100, due to recent regulations in its sector, Gab believes its shares will decline to at least $80 in the next 1 month.

So he borrowed 100 shares from his broker and sold them. Image 2/6
As planned, ABC Company reported poor revenue in its quarterly earnings and shares fell to $80.

Gab decides to close the short position and buys 100 shares for $80 to replace the borrowed shares.

His profit on the trade was $2,000 ($100 - $80 = $20 x 100 shares = $2,000).
Jan 6, 2021 • 4 tweets • 1 min read
📈Looking to take a position? (i.e buy or sell an asset to make gains)

Apply this easy 3-step process to design a trading strategy that protects your money and helps you stay disciplined.

#OwnTheFuture Step1⃣: Make a case for your choice

Know and understand your stock of choice.

Before you take a position, do your due diligence to identify 'why' you are buying said stock and what you hope to achieve.
Aug 31, 2020 • 7 tweets • 4 min read
As you may know, Apple and Tesla announced weeks back that they will be splitting their stocks at the end of the month.

Apple (AAPL) is set to split its stock 4-for-1  and Tesla (TSLA) 5-for-1 today.

#StockMarket
#stocks What is a stock split?

A stock split is an action taken by companies who have witnessed an increase in share price to levels that are either too high or are beyond the price levels of similar companies in their sector, to divide their existing shares into two or more shares.