Hey - looks like Aussiest and I are doing the same kind of homework at the mo.
It occurs to me that picking losers in the current market may be a tad easier than picking winners. Even Alexander Elder seems to be writing about it now. It certainly seems to be the kind of thing one should be on top of understanding, if not using. Which leads me to wonder:
1. Who here includes shorting as part of their trading activities?
2. Do you use shorting more as a hedge, or as a way of actively profit-taking?
3. If you short, can you recomend a broker?
4. To further unpack that last question - other than Tricom, Leveraged Equities and Trader Dealer, are there any online ASX brokers who are able to get around the three day rule? Are there any that DON'T require you to sign on for relatively expensive monthly data arrangements (ie: a shorters equivalent of comsec or etrade)?
Any replies at all much, much appreciated.
And yeah, I know shorting is risky, etc - it's just something I'm getting my head around at the moment. So while I understand that money management, exit/cover strategies and so on are super important here (and thanks all for your input on that in other threads), at this stage I'm more interested in basic mechanical details.