XJO 0.34% 8,043.8 s&p/asx 200

keeping 38traders chestnuts warm thursday, page-87

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    Dgoransson

    Okay, I'll expose my naivety. If I put a CFD short on a stock, I'm still stuck in the quandry of when to take it off.

    ie:
    I have RIO say bought at $80.
    RIO drops to $70
    I think, oh damn, I'll put a short on it.
    RIO rises to $75.
    I think, oh damn, I'll take the short off.
    RIO drops to $65.

    You get my drift. That's why I've never done it.
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