Short selling isn’t for everyone – and you could be a profitable day trader without shorting anything, ever.
But that’s not to say shorting doesn’t work. It works, but only if you’re smart about it.
And done right, it can truly take your trading game to the next level, as you’re profiting when most people are losing money.
My Investing Club shares some essential concepts and tips for newbies looking to learn more about short selling:
1. Short selling: selling stocks you don’t own, with the hope of buying them back at a lower price. In other words, you’re betting that the stock price will go down.
2. Stay updated: The financial markets are always changing, so it’s important to stay on top of the latest news and trends.
3. Don’t be afraid to ask for help: If you’re feeling stuck, don’t be afraid to reach out to other traders for advice.
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