Everyone knows how to profit on a “long” position. Buy low, hope the price goes up, and then sell high. You pocket the difference. Selling short is doing the exact same thing but in reverse order. Sell high, hope the price goes down, then buy it back at a lower price. You pocket the difference. Selling short is not complicated and allows you to make money when something goes down. It is a basic technique of investing worth your time and effort to understand.
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© 2009 Humana Press, a part of Springer Science+Business Media, LLC
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Doroghazi, R.M. (2009). Other Types of Investments. In: The Physician's Guide to Investing. Humana Press. https://doi.org/10.1007/978-1-60761-134-9_35
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