Dear Trader,
Welcome to the second lesson of this Free Stock Market Mini Course.
You probably already heard that going long on a stock is good and going short on a stock is bad. Well, I don’t believe this is the case. I believe we can have good long trades and good short sell trades. If you don’t know, going short means that you sell stocks that you don’t have and then you buy them back later at a lower price.
If we go to the deep bottom of the question we’ll see that both are driven by the motive profit. So, how can one be good and the other bad? I just think that if you’re a beginner, it’s better to start off just with long positions. Some traders feel that short selling is more complicated and that’s better for beginners to stay with longs first. When you have some experience, then trade both ways.
Just as a final thought, don’t limit yourself to making money in only one direction. When the market is crashing you need to be shorting stocks, not buying or holding on to your buys. And when the market is taking off, you need to be buying. Don’t limit your potential profits by only purchasing stocks.
When I first developed Supra Stocks, I wondered about if this system could be used for longs and shorts. As I believe we should trade both sides, I developed to give both orders.
Click here to visit Supra Stocks now.
Best Regards,
Elliott Pearce www.SupraStocks.com
P O BOX 4120 Portland, Oregon 97208-4120