Shorting stocks - Anyone taken the plunge here???
Discussion
Hi guys,
I've done pretty well simply buying low and selling high.
However, with the way the markets are i have been shorting the markets here and there. Done well on some shorts.
I'm increasingly finding myself becoming less risk averse. Sometimes i cannot sit at a PC screen for hours at a time due to other commitments.
I've always believed in buying low and selling high. Is it worthwhile me taking the spread betting to another level and investing a s
tload?
I've been trading for around 4 years. I've always avoided spreadbetting for fear of being burned..
I've done pretty well simply buying low and selling high.
However, with the way the markets are i have been shorting the markets here and there. Done well on some shorts.
I'm increasingly finding myself becoming less risk averse. Sometimes i cannot sit at a PC screen for hours at a time due to other commitments.
I've always believed in buying low and selling high. Is it worthwhile me taking the spread betting to another level and investing a s
tload?I've been trading for around 4 years. I've always avoided spreadbetting for fear of being burned..
tonym911 said:
In a fairer world this activity would be illegal.
I agree 100% and find the behavior unethical and amoral. Moreso in a declining economic market...Is it any wonder my share portfolio has reduced 50% in value???
But needs must, and it intrigues me..
Edited by Tyson1980 on Wednesday 19th October 14:54
If your port is down 50% I would take a good look at where you were before things started to go wrong.
You must have already been in quite an agressive position. If you intend to take an even more aggresive stance to "get back", things could ....well you know
.
Short positions are often best taken when things are rosy, they are very cheap, and I think of them as insurance, or protecting my current position in a sector that may be getting a little expensive or has become shaky
I used SKF a financial 2x short (in the US) with some success. I'm not suggesting that you buy that now!!!!!, just an example.
Sometimes it takes a hefty hit to shake some investing common sense into us, everybody has suffered one, I got mine years ago. (Japan)
Regroup, assess where you stand, start again.
You must have already been in quite an agressive position. If you intend to take an even more aggresive stance to "get back", things could ....well you know
.Short positions are often best taken when things are rosy, they are very cheap, and I think of them as insurance, or protecting my current position in a sector that may be getting a little expensive or has become shaky
I used SKF a financial 2x short (in the US) with some success. I'm not suggesting that you buy that now!!!!!, just an example.
Sometimes it takes a hefty hit to shake some investing common sense into us, everybody has suffered one, I got mine years ago. (Japan)
Regroup, assess where you stand, start again.
Soovy said:
You really are magnificently uninformed aren't you?
Get an account, you might make a few quid and cheer up.
Soovy said:
You do realise that taking a short position using a spread bet or a CFD doesn't actually affect the price of the underlying, don't you? It's just a punt.
No i understand that, i just cant get my head around investing looking for the negatives. I guess its possibly easier than hunting out upsides though, especially where some of my previous investing failures are concerned. 
northandy said:
Soovy said:
You do realise that taking a short position using a spread bet or a CFD doesn't actually affect the price of the underlying, don't you? It's just a punt.
No i understand that, i just cant get my head around investing looking for the negatives. I guess its possibly easier than hunting out upsides though, especially where some of my previous investing failures are concerned. And despite my comrade below, there is NO detriment to others in predicting events upon which your prediction has zero effect.
otherman said:
No more so that going in the bookies and betting on a horse. Either you win, or the bookie wins.
The difference of course being that in the stock market you can also bet on the 'horse' to lose, and then play a part in its losing performance by unloading shares, pretending to unload them, or spreading rumours that you're about to unload them.northandy said:
Soovy said:
You do realise that taking a short position using a spread bet or a CFD doesn't actually affect the price of the underlying, don't you? It's just a punt.
No i understand that, i just cant get my head around investing looking for the negatives. I guess its possibly easier than hunting out upsides though, especially where some of my previous investing failures are concerned. If you think the share is overvalued, you short. If you think it us undervalued you buy.
Depending on your investment horizon and your pockets, you will either 'blow up' on the trade or make on it.
It isn't unfair or immoral at all.
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