Last Updated on: 15th February 2021, 12:34 am
Short sell is a financial term that refers to selling in advance. In forex trading, It’s a market position where the trader has sold a currency that is not owned by him. It helps investors to take profit from any news, speculation, or analysis by selling a currency in advance to buy it back at lower prices.
The difference between the selling price and buying price is considered as profit or loss for a trader, depending on the closing price.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.