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Playing & Trading Strategy

Explanation...

Posted by: RazorHawk on Mar 28, 11:59 in response to HurricaneKid's post Question about Shorting

If you think the price of a stock will go up ...you 'buy' (aka go long aka longing aka longed)

To get rid of a stock you bought (aka long aka longed) ...you sell

'Short' is the reverse

If you think the price of a stock will go DOWN ...you 'short' and you make profits as the price goes down

To get rid of a stock you 'shorted' ...you 'cover'

 

example: Stock XYZ is priced at $10 and you think it will go up so you buy/long ...it goes to $12; so you make $2 per share profit (cause it moved 2 pts up)

Stock ABC is priced at $10 and you think it will go down so you buy shares short ...it goes to $8; so you make $2 per share profit (cause it moved 2 pts down)

Stock XYZ from above is priced at $10 and you have it long; it drops to $8; you lose $2 per share (it moved 2pts opposite the way you are betting)

Stock ABC from above is priced at $10 and you short it; it goes up to $12; you lose $2 per share (it moved 2 pts opposite the way you are betting)

Question about Shorting HurricaneKid Mar 28, 10:56

Explanation... RazorHawk Mar 28, 11:59





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Tyrant (TYRNT) 10000 20.58 (0.00)          They Know (TKNOW) 30000 13.01 (-0.01)          They Know (TKNOW) 10000 13.01 (-0.01)          Lords of War (LRDW2) 10000 10.52 (0.00)          Donkey Kong aka Untitled Nintend (DKONG) 150000 132.06 (+0.01)          Doctor Caligari’s Cabinet of W (DCCOW) 10000 18.20 (+0.57)          Karoshi (KAROS) 20000 12.80 (+0.59)          Karoshi (KAROS) 10000 12.80 (+0.59)          Dragon (DRAGO) 10000 5.93 (+0.23)          The Gallerist (GALRS) 20000 6.51 (+0.23)          The Gallerist (GALRS) 20000 6.51 (+0.23)          Doctor Caligari’s Cabinet of W (DCCOW) 149999 18.20 (+0.57)          Behemoth! (BEHEM) 20000 23.39 (+0.48)          Drag (DRAG) 100000 6.01 (+0.34)          King (KING) 150000 4.72 (+0.21)          Drag (DRAG) 50000 6.01 (+0.34)          King (KING) 150000 4.72 (+0.21)          Lizard Music (LZMUS) 5000 24.50 (+0.49)          Lizard Music (LZMUS) 50000 24.50 (+0.49)          Doctor Caligari’s Cabinet of W (DCCOW) 40000 18.20 (+0.57)          Wildwood (WILDW) 20 40.50 (0.00)          Doctor Caligari’s Cabinet of W (DCCOW) 50000 18.20 (+0.57)          Turpentine (TURPN) 100000 7.05 (+0.18)          Lizard Music (LZMUS) 150000 24.50 (+0.49)          Lizard Music (LZMUS) 150000 24.50 (+0.49)          Turpentine (TURPN) 50000 7.05 (+0.18)          Ken Russell's The Devil (KRSTD) 150000 4.43 (+0.07)          Karoshi (KAROS) 20000 12.80 (+0.59)          Karoshi (KAROS) 20000 12.80 (+0.59)          Behemoth! (BEHEM) 150000 23.39 (+0.48)          Ken Russell's The Devil (KRSTD) 150000 4.43 (+0.07)          Behemoth! (BEHEM) 150000 23.39 (+0.48)          Karoshi (KAROS) 100000 12.80 (+0.59)          Karoshi (KAROS) 100000 12.80 (+0.59)          Ken Russell's The Devil (KRSTD) 149999 4.43 (+0.07)          Dragon (DRAGO) 150000 5.93 (+0.23)          Lizard Music (LZMUS) 150000 24.50 (+0.49)          Ken Russell's The Devil (KRSTD) 150000 4.43 (+0.07)          Dragon (DRAGO) 150000 5.93 (+0.23)          King (KING) 150000 4.72 (+0.21)          King (KING) 150000 4.72 (+0.21)          Lizard Music (LZMUS) 150000 24.50 (+0.49)          Behemoth! (BEHEM) 150000 23.39 (+0.48)          Behemoth! (BEHEM) 150000 23.39 (+0.48)          Doctor Caligari’s Cabinet of W (DCCOW) 150000 18.20 (+0.57)          The Gallerist (GALRS) 150000 6.51 (+0.23)          The Gallerist (GALRS) 150000 6.51 (+0.23)          The Gallerist (GALRS) 149999 6.51 (+0.23)          Doctor Caligari’s Cabinet of W (DCCOW) 150000 18.20 (+0.57)          Lizard Music (LZMUS) 150000 24.50 (+0.49)