Shorting?

C

couponjohn

I thought I read somewher ethat you ar enot to short stock or you would be breaking the rules, IS this true or NOT.

What I mean by shorting..

I buy stock 1000 shares of ABC@ 10.25 then 15 minutes later sell it @ 10.00

Is this allowed?
 
Let me clarify more..

I understand there is a Uptick rule or zero tick rule. Can someone give more details on this, I have no way to tell a uptick or zero tick since my trading platform only shows 100 tick as the smallest?
 
Quote from couponjohn:

I thought I read somewher ethat you ar enot to short stock or you would be breaking the rules, IS this true or NOT.

What I mean by shorting..

I buy stock 1000 shares of ABC@ 10.25 then 15 minutes later sell it @ 10.00

Is this allowed?
More...

If you buy a 1000 share of ABC and sell 15 min you are not shorting....

Shorting is when you sell a stock you don't have and try and buy it back for less then you sold it for....

Nick
 
Oh yeah like Im burning a hole in your pocket..If you dont have a way to respond to the question at hand then justy move on.

Oh and the threads are about differnt questions also
 
Quote from MR.NBBO:

Nobody replied because it's a waste of resources here.

Stop creating threads, and use the "search" button, please.
More...

and what resource might that be?
 
I have three suggestions.

1. Learn to use the spellcheck function.
2. Get a better ESL teacher.
3. Stop asking elementary questions that can easily be answered by using the search function.
 
buying now and selling 5 minutes later is called daytrading, not shorting :D

shorting is when you bet on the stock falling, so you borrow the shares (theoritically) you'll get -1000 of the stock @ $25.00

And then the stock drops to $24.00

You buy to cover +1000 shares back @ $1 profit


$1000 profit.
 
Quote from Ebo:

I have three suggestions.

1. Learn to use the spellcheck function.
2. Get a better ESL teacher.
3. Stop asking elementary questions that can easily be answered by using the search function.
More...

Motion seconded, Ebo.

Ebo is an yet another example of who's time/resources you are wasting here couponjohn. Buy a book, a course, a video....something, or just use "search".

Please note the name of this site.
 
Cool web i understand that but what about the uptick, is that in effedt ?

As far as the rest that repy with search , maybe you should use that feature to move on.. If you cant or dont want to supply a answer MR know it alls then MOVE ON.

I think Mr Nimmbopoop got shorted recently/
 
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