Just Shorted a Financial!Old Habits Die Hard :)

Discussion in 'Trading' started by ML_QUANT, Sep 18, 2008.

  1. Shorted C without a problem! Aren't banks considered financials?

    Anyways, how does one know which is which?! I trade symbols and don't care or know what these companies do.
    What's this about borrowing, I\m just mixing equities with futures and don't know about the borrowing or not shorting financials or no shorting longer than 3 days etc.
    Can someone give a clear 101 on these issues?
  2. Be careful, naked shorts (most shorts by the way), have a SEC' deadline to cover, so a short squeeze is underway.
  3. what do you mean most shorts? why not all?