Post by
Yucatanman on Feb 25, 2021 2:46pm
From a trading perspective
I feel that the market is better off with shorts and longs both. More volatility. I don't short, not sure if I even can through TD Webroker, but it does add liquidity.
Comment by
GoldFisher22 on Feb 25, 2021 3:05pm
Not sure if TD Webroker would allow shorting with a regular margin account, but I do have Margin Short (CAD & USD) Accts with them that I haven't used in years. I haven't been in Sokoman very long, but do have high hopes for it. Good luck. Not to be taken as investment advice.
Comment by
99942Apophis on Feb 25, 2021 3:25pm
Sorry Yucatanman I also have been told by a former broker who says even if its on a sell order if its far above current price he will lend them out for shorts also told even if its close its up to his discretion if he believes it won't be sold at the ask but that most brokers won't lend if its too close.
Comment by
Yucatanman on Feb 25, 2021 3:42pm
Yes I mentioned that, seems to be a loose rule. I am also 65 yrs old and have been trading 30+ yrs, so my knowledge is somewhat outdated. I don't mind shorts, I believe it helps volatility and liquidity. Trading is trading and I enjoy it as a hobby retired now. Don't need the money, but does fund toys and vacations back to Canada each year. Thanks for your information. I appreciate it
Comment by
Yucatanman on Feb 25, 2021 4:36pm
100% agree with the uptick rule. Makes sense.
Comment by
99942Apophis on Feb 25, 2021 4:51pm
I know my opinion doesn't count, I would think shorting would be ok as long as it didn't exceed 10% of daily trades and if you shorted a stock you could not trade shares you owned to the downside in that stock thereby benefiting from your attempted manipulation. Just for the heck of it I will try to send this to OSC ( being a procrastinator I will try to follow through ).
Comment by
Yucatanman on Feb 25, 2021 5:44pm
On the contrary, I for one appreciate your opinion. You sound very level headed and intelligent. I applaud your efforts to get involved with the manipulation that has taken over the Tsx, CSE, etc. Worse than ever. I thought that the Vse was a sh$tshow back in the day, however today its basically online casino, the exchange should go public..lol