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HSX Forum

Playing & Trading Strategy

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Covering

Posted by: clonewars on Aug 01, 18:11

I don't understand this concept. Can someone please explain.

Covering clonewars Aug 01, 18:11

There are three types of ways to use your H$$$: Buy, Sell, Short & Cover. Catzan Aug 01, 18:15

Darn enter key: Catzan Aug 01, 18:19

And I can't count either...four ways...how on earth do I do well at this game, I'll never know. =O {nm} Catzan Aug 01, 18:20

sure, covering is closing out a short position, just as selling is closing a long position ndmaster Aug 01, 23:33

When you short, you sell borrowed shares at the current price. When the stock drops, you buy it back (cover) at the cheaper price, and keep Carlion Aug 02, 06:17

Here's another way to think of shorting and covering, instead of the borrowed-shares way it's done in the Real World ... Patient Player Aug 06, 13:04

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