CFD/Share Trading : Short Selling in Perspective

I’ve explained about short selling in an earlier post. I hope you have concluded that having short selling in your trading arsenal is an absolute must. I read somewhere that if you do not understand the concept of short selling and have never short sold before, then you can’t call yourself a trader just yet. This is open to debate, but well… I do agree with that statement.

Here I’ll be sharing a real-life example of short selling that was executed by me last week.

Below is the graph of EUR/JPY Spot CFD that I traded last week. I shorted the CFD at level 165.30 (at arrow number 1). The next day, my target was reached at 162.54 (at arrow number 2). That was the level where I bought back the CFD. In this example, a profit of 276 pips was achieved. All when the market fell.


About nadlique

This blog is about the journey of a 28-year-old Malaysian towards financial freedom. This blog was started back when the blogger was 21 years old. However, his journey towards financial freedom had begun way before that. Materials such as investing, business, entrepreneurship, equities, and real estate are presented. The author also posts his thoughts and observations on life in general.

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