captainmerton
- 10 Aug 2005 18:17
Looking for advice/help. I want to know how easy it is to short a stock. I have never done it before but am interested in views people have. How much will a broker charge to keep a short position open? Also, how easy is it to do? Any advice/help would be greatly appreciated. cheers.
ptholden
- 11 Aug 2005 13:08
- 5 of 8
captainmerton
Unless you use a guaranteed stop loss, you may find that if a SP falls or rises dramatically your stop may well be bypassed. Essentially this means that can lose more than your stake. If you are speculating that a share will fall longer term, you could take out a CFD, although any profits will be taxable, unlike spread betting.
goal
I use IG and haven't had any problems, not sure how their spreads compare to other companies, although I would think they are competitive.
pth
markusantonius
- 11 Aug 2005 13:17
- 6 of 8
Advice: Do NOT use 'Blue Index' unless you want to loose loadsamoney!! :o(
goal
- 11 Aug 2005 22:11
- 7 of 8
ptholden, markusantonius, thank you.