Starting to Short Sell Shanzhai 1. Today, silly guy is conducting a social experiment to short a package of knockoff ETFs, also known as knockoff ETFs. Shage used to be quite traditional, and almost no one who learned from Buffett would short sell. Silly guy doesn't have any short selling experience either. In fact, people who come from value investing have almost no short selling experience Because of a positive EV market, short selling is very fragile. But in today's cryptocurrency market, there are many targets with an intrinsic value of zero, ranging from hundreds of millions to billions. It is almost a perfect negative EV market, with a much higher winning rate for short selling. But now it is recommended that everyone learn the skill of short selling. Stupid brother made a change and started practicing short selling, starting with a minimum amount of 100U per contract for practice. 2. The basic idea is to choose imitations that are overvalued or have a clear downward trend. 10 times leverage, set take profit and stop loss for the entire position. Due to the sharp drop now, silly brother will experience the process for a small amount first. 3. Silly brother discovered, You can make contracts with just a few units and experience the silky smooth experience The initial friction is much smaller than that on the chain No wonder there is a group of contract users who are unwilling to play level one Another surprise for me is that half of the rates on Binance's contracts are positive Even though the market is so poor, half of the people are still using leverage to go long 4. Shage also found that many aspects of the contracted products were not done well enough. For example, the default leverage ratio cannot be set. Stupid brother uses a 10x leverage, but the system defaults to 20x, and it has to be manually adjusted every time, which is very troublesome. For example, one click normal can only flatten all portfolios and cannot select a few of them. Observe the income situation in the future, and observe the income and wear of the fund rate. There's no other way, novice short sellers can only learn little by little. 5. Do you think there are any other knockoffs worth missing? Stupid guys, add them to ETF.