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All Blog Posts Tagged 'Short' (1)
World of algorythmic trades: simultaneous creation of a market "crash" by the same player that sells "short."
A "short" sale occurs when someone bets a specific stock or generally the market will drop in value. Perhaps the most famous practitioner of the short sale was Jesse Livermore. When the market crashed in 1929, he had sold short. He made millions, while other, less-inspired traders, leapt to their deaths from office windows overlooking Wall Street.
At the end of the afternoon, when various news programs report the day's trading, rare is a camera shot of the trading floors. In…
ContinueAdded by Mark Small on March 20, 2013 at 6:00am — 1 Comment
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