How to profit from stocks.
1. Buy low sell high.
2. Sell high buy low.
Example.
You sell BHP at $38.00, let's say 1000 units. You don't hold the shares that you just sold, you have to acquire them later.
You buy those shares later at $37.00.
You sold $38,000 worth of BHP and you covered the sale with an outlay of $37,000. You have made $1000.
BTW there is a "New Traders" forum.
how to calculating gains from a short, page-4
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Last
$63.84 |
Change
0.070(0.11%) |
Mkt cap ! $12.37B | |||
| Open | High | Low | Value | Volume |
| $64.41 | $64.52 | $63.59 | $17.98M | 281.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1141 | $63.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.84 | 905 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |