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Menzz79Jun 17, 18 7:23 AM
Hi Emyeele, how become profit if you entry $57.71 and exit $ 56.60 ? I’m new sorry to ask 😊
Date | Price | |
---|---|---|
Entry | 6/16/2018 | 57.71 |
Exit | 6/16/2018 | 56.60 |
Hi Emyeele, how become profit if you entry $57.71 and exit $ 56.60 ? I’m new sorry to ask 😊
It is called "shorting" stocks. You profit when u believe the stock price will go down. Therefore you borrow the stocks from your broker and sell them at a high price, then buying the stocks back when the price of the stock falls down enough, then u return them back to your broker- capturing the difference as a profit. Hope it makes sense!