E-Trade Pro Shorting
E-Trade Pro Shorting
$200.00
This scanner looks for short opportunities versus momentum stocks. Shorting a stock is to borrow shares through your broker and sell them on the market, waiting for the traded price to decrease and then buying it back at a lower price, returning your borrowed shares. Your profit is the difference between your sell and buy prices.
Depending on the type of market, a trader must be versatile in playing the market both ways, especially in a bear market where most stocks are heading down instead of up.