Currency trading training – And the whole notion of greedily anticipating declines, when all the rest of us want our stocks to wax strong and go up and up and up, seems downright subversive.
But is it? Consider that if it were not for the short-sale technique, most of us odd-lot buyers would be unable to invest. Think back to Chapter 5, and the outline of the odd-lot dealer's performance. All trading, remember, must be done in round lots of 100 shares. If a group of scattered small orders to sell, totaling 120 shares, comes his way, the odd-lotter must go short 80 shares on his own account in order to execute the required 200-share sale. Since buy and sell orders frequently do not match, the odd-lot dealer is long and short stock many times in the course of a day.
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