STOCK MARKET GAME help please 10 pnts easyyy?????
How does short selling work in the stock market game tell me some strategies or what i should do and how to do it Thank u
Public Comments
- it depnds on the stock...but buying and selling is godo if you have the time to create the profit from quick sales but you lose in the end with no potential for earning long term interest. Etrade is a good place to start if you want to do it on your own, if not get a broker.
- The best way to explain selling short is: Instead of buying a stock that you think is going to go up, and then selling it first... You sell the stock first, expecting it to go down. You have an obligation to buy the stock back to cover your short a later date - hopefully at a lower price than you sold it.
- Stay away from short selling--for sophisticated traders with deep pockets. Potential for total financial devastation if the market goes the wrong way. Stick with buying and holding diversified stocks in a mutual fund for best financial protection.
- IF you want to get success in the stock market game means then just visit http://www.profitablestockexchange.blogspot.com
- Short selling makes a profit when the stock price falls. A strategy might be to short some stock (sell the stock) on a company right before they are expected to release lousy earnings. You would then need to "cover" those stocks (buy the stock back) before the stock price increases in order to make a profit. You sell the stock at a higher price, buy it back at a lower price, and the difference is your profit. Good luck, and I hope this helps!
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