Monday, March 26, 2012

BUY & SELL

It is just as easy to bet that a commodity will drop in price as it is betting it will go up in price. If you are calling a broker to place an order, just tell him you want to sell (insert commodity, contract month, price, etc). Once you re in the position, you will make money as the commodity drops in price. To close the position, you just tell your broker that you now want to buy that same contract and you’re out. 

No comments:

Post a Comment