Posts Tagged ‘stock market advice’

How To Enter A Short Order

By: ispeculatornew | Date posted: 04.15.2008 (10:03 pm)

I received a comment on my previous post about how to short a stock through a broker so I will describe it here in case other people are confused.

When you go to enter an order you probably have a few options to choose from. I use Scottrade and I have the following options to choose from: Buy, Sell, Sell Short, and Buy to Cover. When you short a stock you would choose “Sell Short”. You would then enter the rest of the order: number of shares, stock symbol, order type (market or limit), and duration.

When you short a stock you are actually selling the stock. Therefore, if you want to place a limit order you would set your limit price higher than what the current price is. If you place a market order your order would get filled at whatever the bid price is (Unless your market order was for more shares than the bid offered. In that case you would take out more bids until your order got filled.) If you are confused about market and limit orders leave me a comment and I will write a post about them. (more…)

The 2007 Market at Midyear

By: ispeculatornew | Date posted: 06.13.2007 (12:00 am)

At the beginning of the year I gave my opinion that I thought the overall markets would be flat or down on the year. So far I have been proven incorrect as the Dow is up over 8% on the year and the Nasdaq is up 7%.

However, I still feel the U.S. markets have gotten ahead of themselves and they need to take a breather. The economy grew at a 0.6% clip the first three months of the year and the Fed is projecting growth of 2% to 3% in the current quarter. The growth in the economy certainly doesn’t justify the increases in the U.S. markets, especially considering the gains that were made last year. (more…)