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How to Short Stock on Tastyworks Mobile App Dec 19, 2022
Today we'll learn how to short stock on the Tastyworks Mobile App. We'll go through the entire process of opening and closing a short position every step of the way.
Shorting stock is a risky, but potentially profitable way to make money from a stock going down in value. It is essentially borrowing stock from your broker, then selling those shares in the market. At a later date, you’re then hoping to buy those shares back at a lower price and profit the difference.
Just be careful if you’re just getting started and stay small so you don’t get yourself in too much trouble. There is literally unlimited risk potential to the upside, so be sure learn everything possible before incorporating this in your own trading.
Show More Show Less #Finance
#Financial Planning & Management
#Investing
#Stocks & Bonds
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