Friday, 1 June 2012

A New Start Shorting Stocks and Currencies

Right - It's time to get back into regular trading!

Now is a good time to find some good trades in amongst the uncertainty of the future of the Euro.

Although this may seem to be unethical, profiting from the declining markets, that is what trading is all about. I have had a bearish stance on a lot of US and FTSE stocks recently, and sell currencies regularly, to make money as they go down in value.

Shorting is not a dirty word, it is just a part of trading - the bit that most people don't understand and therefore don't know about. When you tell somebody that you can sell something you don't own and then 'buy it back' at a later date, they look at you as if you have two heads! - Mathematically, it's just the reverse of buying something and selling it at a later date. We all know that a stock or currency goes down much more quickly that it recovers, so now is the time to act and benefit from this.

Happy Shorting!

No comments:

Post a Comment

Twitter Updates

    follow me on Twitter