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Stupid Question - Short vs. Long

Posted by: Niles2828 on Jul 05, 14:31

I don't get it. Is there a difference between buying a stock "long" and buying it "short"? Is there an advantage one way or the other that I'm missing? Or are they basically the same, and covering is basically "selling stocks that you bought as short"?

I've tried to figure out the difference, but I can't quite understand.

Stupid Question - Short vs. Long Niles2828 Jul 05, 14:31

buy long if you think price is going up, buy short if you think the price will go down {nm} lapuckfan Jul 05, 14:49

Okay, let me see if I understand this... Niles2828 Jul 05, 15:06

that's pretty much it - you also pay 1% of each transaction as commission. {nm} Jane_Citizen Jul 05, 16:59

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