shorting xjo?, page-2

Hi Andrew,
If you want to short, you can buy Put Warrants, ASX CFD's via a trading account (not ETrade tho anymore), buy Put Options or OTC CFD's .
The better choice is ASX CFD's due to the contracts tied to the underlying rather than made up bullsht prices offered and manipulated by market maker type CFD providers. With XJO CFD's the contracts are tied to the SPASX200 Futures level which CAN be way off compared to the actual XJO level. for example, right now the SPASX200 is at 4067 but the XJO is at 4088 close. Whether the SPASX200 is manipulated is widely debated. But it does change on latest news, rate of change of the XJO and thus it can and does change differently to changes in XJO.
I use warrants which are volatile and some providers I avoid. You need to be able to sell at a loss without hesitation when the price moves agaisnt you and its best to trade the range of the underlying to gauge when to close positions. Regardless of the instrument you use, I ahve found that close to the money or in the money warrants are best to trade in. Also unless you are pretty damned sure you are right, holding overnight can see large swings in the wrong direction, but this is where most money is made. Trading just for the day is far more difficult to profit from but is safer. I only hold a position overnight if the days direction has been correct and overnight markets are likely to continue helping the underlying to continue in that correct direction (either long or short). If, the next day, my positions are making money,i look at price target, set stop loss for profit/break even and hold. I dont usually hold for more than 2 trading days lately as markets are too volatile. Lots of small gains are easier in this market than a few big gains as markets whipsaw so much.
Commsec does ASX CFD's - look at those or ask MoolaMatic about Options?
Hope some of that rambling helps.