so ur a wannabe trader?

This is a discussion on so ur a wannabe trader? within the First Steps forums, part of the Reception category; Hi Money123 I don't know of any brokers in the UK, which is why I use Deal4Free . In the ...

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Old Apr 4, 2003, 4:51pm   #8
 
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Hi Money123

I don't know of any brokers in the UK, which is why I use Deal4Free.

In the US, I think every broker allows you to short. Might be wrong though
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Old Apr 4, 2003, 4:57pm   #9
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Interactive Brokers allows shorting of stocks, but you would need to check which stocks can be shorted as not all are allowed.


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Old Apr 4, 2003, 6:31pm   #10
 
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if i close a short for a profit do i just collect the difference or do i have to sell the stock after buying it back?
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Old Apr 4, 2003, 6:52pm   #11
 
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You just collect the difference
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Old Apr 4, 2003, 9:31pm   #12
 
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There are many UK brokers who will let you short UK stocks, but they need to know you, so beginners with no trading track record are simply refused.
When I traded UK my broker gave me X 5 gearing on T10-T25
Trade the US to make real consistent returns instead.
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