What is the basic process. I use Ameritrade and my options are Buy, Buy to Cover, Sell and Sell Short. How do you short a stock? I dont understand. Im being dead serious. I am a newbie trader. If I wanted to short a stock what do I do?
Look in to "average it down" term IMO. You paid little high to make good profit. If you are really new to trading Do not use margin no matter what. You will have some pain for couple of hours but tomorrow you have a chance to make some money as they announce the details of the plan.