How do you make money by betting the stock market will go down?
(Ive only done regular stock purchases and sales before with my account. How do I go about in essence playing the stock market and betting it will go down? Are there any good websites to learn how to do this? Any keywords I can search? Thanks for any help!)
Answer:
You can trade futures using a number of brokers. I use Tradestation for sharting and Infinity for order execution.
If you are based in the UK, you can also spread bet the stock indexes, as well as commodities and individual stocks, and it is tax free.
For spread betting, check out www.capitalspreads.com, or www.cityindex.co.uk
As long as you have a good trading plan and good money management, you can make some good money whether the stock market goes up or down. Shorting the market is not more risky than going long, just make sure you have a stop in place, the same as going long…
Good luck!
Posted: July 26th, 2010 under US Stock Market.
Tags: Stock market, the stock market