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Short selling is just flipping the way you trade, right? Make no mistake, it’s not that simple. Shorting is a high-risk strategy with the potential for high reward — if you know what you’re doing. Today, Tim Bohen covers three very wrong ways to short.

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As a short seller, there are three things you should NOT do.
First? Don’t try and short every stock.
Too many newbie traders see a stock up too much and just assume it will crash. There’s always a hot sector, as a short seller you want to avoid it. Look for stocks just outside of the sector.
Next, don’t try to short good companies.
Tune into the video for examples of these companies. In the current pandemic, you can look at companies like Hertz, or a cruise line. No one’s renting a car or going on a cruise any time soon.
The last thing you shouldn’t do is hold a short overnight. It’s too dangerous — especially in this market.
Even if the stock is fading into the close, protect your gains. You never know what can happen overnight. Tune in with Bohen to get solid tips on how NOT to short in this wild market. As a short seller, you don’t want to be caught on the wrong side of volatility.

#StockMarket #ShortSelling #Pandemic

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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.