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Short Selling question

Discussion in 'Technical Analysis' started by writetodeepaksharma, May 25, 2012.

  1. writetodeepaksharma

    writetodeepaksharma New Member

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    hello,

    just like a buy call, we could hold for some days. can we also hold short sell,
    i checked my broker, they say you have to cover up your position same day or it will be done automatically.

    i have seen online materials when people hold short sell too and wait for stock prices to go down further to make bigger gains.

    and what is the up tick rule in short selling..

    regards
    Deepak
     
  2. shabbir

    shabbir Administrator Staff Member

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    Deepak, you can hold your short positions only in futures and not in cash market.
     
  3. writetodeepaksharma

    writetodeepaksharma New Member

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    thanks shabbir,

    then timothy sykes(mentioned in your book) must be holding futures positions :)

    regards
    Deepak
     
  4. shabbir

    shabbir Administrator Staff Member

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    He is not Indian and does not trade in India and in US you can hold short position even in cash market.
     
  5. writetodeepaksharma

    writetodeepaksharma New Member

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    ohh..

    thanks man!!!

    deepak
     
  6. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine :D