Hi Seniors,
This is Ajay.
I wanted to know how actually Futures Trading is done.
With all the knowledge i could gain, I still have some doubts
If i'm bullish on a stock, I buy some stock futures and when the price rises I need to square off to book my profits. Is that right?
And if i'm bearish on a stock, I sell some stock and when the price falls I need to square off to book my profits. Is that right?
Or is it the opposite way? ( sell initially if i'm bullish/ buy initially if i'm bearish and later square off to book my profits)
I also have a doubt regarding some terms such as Going long and going short
Can anyone please help me
Thanks in advance.
Ajay
This is Ajay.
I wanted to know how actually Futures Trading is done.
With all the knowledge i could gain, I still have some doubts
If i'm bullish on a stock, I buy some stock futures and when the price rises I need to square off to book my profits. Is that right?
And if i'm bearish on a stock, I sell some stock and when the price falls I need to square off to book my profits. Is that right?
Or is it the opposite way? ( sell initially if i'm bullish/ buy initially if i'm bearish and later square off to book my profits)
I also have a doubt regarding some terms such as Going long and going short
Can anyone please help me
Thanks in advance.
Ajay