Many day traders get stumped when the stock market tanks. At www.fastmoneytraders.com we show you how to make money when the Dow and S&P tanks by shorting stocks.
What does shorting a stock mean? If you have reasons to believe that a market is going down, you can make money by short selling that market. Short selling (also known as shorting the market or going short) means that you are selling the market first and then attempting to buy it later at a lower price.
This past week we realized over $11,000 in profits for the week ending April 13, 2018, utilizing an account of $50,000. No smoke and mirrors here, real trading done in real time with screen shares. All questions can be asked in chat.
We hope to look at some Swing Trades this week that look like they will be winners. Come join our chatroom at www.fastmoneytraders.com
We find that eTrade is best for shorting stocks, but you are free to utilize any stock broker of your choosing, but keep in mind that they may have different rules.
Disclaimer: The information provided in this article is as a service to investors. It is neither a legal interpretation or a statement of policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Stop Loss orders and Stop Limit orders may not be available through all brokerage firms. Investors should contact their broker to determine which orders are available for buying and selling stocks, and their broker’s specific policies regarding these types of orders.