Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » General Investing Topics » Margin/options upgrade form

 - UBBFriend: Email this page to someone!    
Author Topic: Margin/options upgrade form
searlest
Member


Rate Member
Icon 1 posted      Profile for searlest     Send New Private Message       Edit/Delete Post   Reply With Quote 
I am getting interested in selling short.I am filling out the form to up grade my account.

How many of the following should be checked if all I want to do is participate in selling short?

I have aready checked Margin

write coverd calls?
purchase options?
create spreads?
Write uncovered options?

Thanks

Posts: 14 | From: Indiana | Registered: Feb 2007  |  IP: Logged | Report this post to a Moderator
The Bigfoot
Member


Member Rated:
4
Icon 1 posted      Profile for The Bigfoot     Send New Private Message       Edit/Delete Post   Reply With Quote 
Duder...

You really want to personally know what all these terms mean rather than have someone here tell you what to choose if you are going to start playing shorts.

Here is a place to start.

http://www.investopedia.com/terms/c/coveredcall.asp

How long have you been trading? If you are new to the market shorting is not recommended. You make a mistake in buying stocks the most you can lose is what is in your account. You make a mistake shorting stocks and you can bankrupt yourself.

Fair warning.

--------------------
No longer eligible for government service due to lack of tax issues.

Posts: 5178 | From: Up North | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
classified
Member


Icon 1 posted      Profile for classified     Send New Private Message       Edit/Delete Post   Reply With Quote 
Great post Bigfoot!
Posts: 1075 | From: weeeeeeee | Registered: Sep 2007  |  IP: Logged | Report this post to a Moderator
metal1
Member


Rate Member
Icon 1 posted      Profile for metal1     Send New Private Message       Edit/Delete Post   Reply With Quote 
if all you want to do is sell short, don't check any of them and do what bigfoot said and get much more educated about equities and options strategies
Posts: 1045 | From: novato,ca,usa | Registered: Aug 2003  |  IP: Logged | Report this post to a Moderator
permanentjaun
Member


Member Rated:
4
Icon 1 posted      Profile for permanentjaun     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by The Bigfoot:
Duder...

You really want to personally know what all these terms mean rather than have someone here tell you what to choose if you are going to start playing shorts.

Here is a place to start.

http://www.investopedia.com/terms/c/coveredcall.asp

How long have you been trading? If you are new to the market shorting is not recommended. You make a mistake in buying stocks the most you can lose is what is in your account. You make a mistake shorting stocks and you can bankrupt yourself.

Fair warning.

Theoretically yes. Why would any good trader hold on to a loser that long though? That's very possible if you leverage yourself, but then the same quick losses are available if you use leverage in a long position too. So again I ask, why decent self-respecting trader is going to hold on to a 1:1 leveraged short position that wipes out their entire account and then more?
Posts: 1504 | Registered: Sep 2004  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share