$510 Profit
ISRShort Stock
I'm sure that this will drop more but I wan't really looking for a huge gain today. Just something nice between meetings.
| Date | Price | |
|---|---|---|
| Entry | 4/4/2014 | 3.0087 |
| Exit | 4/4/2014 | 2.955 |
- Total Views375
- Position Size9,500
- Percentage1.78%
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Just a question; how does one enter at 3.0087 and exit lower 2.955 and then profit? It's probably a rookie question, but I've seen a few trades as such and was curious.
@krisphero That's a perfectly good question. It's called shorting the stock. Rather than buy and then sell, I sell first, assuming that it will decrease, and then buy to cover. Not all brokers have that capability.
@kendraforrest Ah, okay. I do know that term, but I guess I know what it looks like for numbers now. Thank you!