just be short turkish lira you will never lose - a hurting turk
hungry_hippo
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@wallstreetsgaybear, yeah, the whole thing is TUR is NOT currency hedged which means it moves with the Lira. I've made a lot of money on TUR puts, especially that time the Lira collapsed. Look how fast TUR can drop on a currency run.
hungry_hippo
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@wallstreetsgaybear, BTW, if you don't like to short your own country then there's EZA (S Africa), EWZ (Brazil), EWW (Mexico), and EWY (Korea but it's mostly Samsung, lol)
I never short US indices, it's better to short foreign ones because of the currency factor. Plus with EWY, you're done at open since it trades overnight