Others   

Can explain to me how to short sell.

Laulans will surely have seen many such common instances ...

    which is common...

           It happens not only on the short side...

                but also on the buy side in a downtrend ...



 

 

 

That is if he shorted like those shorts, he will lose his pants and shirts and thus it is also equivalent to selling his pants and shirts, hahaha.

So those who want to short the market must make sure, he has sufficient to wear if the market goes up instead of down. Hehehe.

Laulan      ( Date: 23-Aug-2010 10:43) Posted: Your friend might have been right if he was referring to those who shorted Genting at 95 cts. and covered them at 1.68 easily losing his shirts and pants if he shorted many lots. Hahaha. iPunter      ( Date: 23-Aug-2010 10:21) Posted: My Starbucks buddy says naked short means       to sell even one's shirt and clothes...            made me choked on my coffee...

 

Your friend might have been right if he was referring to those who shorted Genting at 95 cts. and covered them at 1.68 easily losing his shirts and pants if he shorted many lots. Hahaha.

iPunter      ( Date: 23-Aug-2010 10:21) Posted: My Starbucks buddy says naked short means       to sell even one's shirt and clothes...            made me choked on my coffee...

 

My Starbucks buddy says naked short means

      to sell even one's shirt and clothes...

           made me choked on my coffee... 

 

Naked Short Sell is the best.

No need to pay extra cost.

 

 

thanks alexchia, that sound pretty clear for me. Appreciate that. 

 

happy trading.

alexchia01      ( Date: 20-Aug-2010 12:25) Posted: There are 2 types of short sell. Naked Short and CFD Short. Naked Short is selling shares that you do not own. You can perform naked short sell with your existing trading account. However, with naked short, you must cover your short by the end of the day, else you can be fine $1000 per day for long as your short is not covered. CFD Short is borrowing stocks from your CFD brokerage to short sell. With CFD Short, you can hold your short positions overnight, but there will be commission plus financial cost for everyday your short is not covered. You must open a CFD account to do CDF Short Selling and must fund your account first before you can start trading. Hope this helps. Good luck. mstermx      ( Date: 20-Aug-2010 12:00) Posted: hello all masters,  am quite new to the stock market. generally, i understand what is short selling. but can someone explain to me, how do i go about doing it, especially if i were to trade online on my own. Any advise or explanation would very much appreciated. Thanks

 

There are 2 types of short sell.

Naked Short and CFD Short.

Naked Short is selling shares that you do not own. You can perform naked short sell with your existing trading account. However, with naked short, you must cover your short by the end of the day, else you can be fine $1000 per day for long as your short is not covered.

CFD Short is borrowing stocks from your CFD brokerage to short sell. With CFD Short, you can hold your short positions overnight, but there will be commission plus financial cost for everyday your short is not covered. You must open a CFD account to do CDF Short Selling and must fund your account first before you can start trading.

Hope this helps. Good luck.

mstermx      ( Date: 20-Aug-2010 12:00) Posted: hello all masters,  am quite new to the stock market. generally, i understand what is short selling. but can someone explain to me, how do i go about doing it, especially if i were to trade online on my own. Any advise or explanation would very much appreciated. Thanks

 

You can go register at Phillips securites. They have seminars for such things. Just go and register at their website under Course and Seminars. It free.

mstermx      ( Date: 20-Aug-2010 12:00) Posted: hello all masters,  am quite new to the stock market. generally, i understand what is short selling. but can someone explain to me, how do i go about doing it, especially if i were to trade online on my own. Any advise or explanation would very much appreciated. Thanks

 

hello all masters,

 am quite new to the stock market. generally, i understand what is short selling. but can someone explain to me, how do i go about doing it, especially if i were to trade online on my own.

Any advise or explanation would very much appreciated. Thanks