I've been lingering in this forum for a while, and I've ordered some books that Arturius recommended and I'm trying to cram knowledge. I see some sort of future for myself in trading, but probably a few years in the future, after poker. At this moment I almost know less than nothing about trading.
In the meantime I'd just like to play around and probably lose 5-10k in the process while i figure stuff out, pretty much in exactly the same fashion as I did with poker.
After doing some reading/watching of events over the last 6 months my gut feeling tells me that there is a lot of false optimism in the air and a lot of stocks that I thought were going to do really badly December-May actually did pretty well, but I believe they may have peaked for the year.
So while I'm trying to figure this out I thought I'd post here in case anyones bored and can tell me the answer faster than I can find it while I'm reading stuff.
Basically I want to know what types of stocks I can short, and companies that anyone recommmends for me to do so. In particular I'm thinking about luxury food supermarket companies (like Marks+Spencers in the UK) high end designer clothing companies (Harvey Nichols) and anything else I can think of along these lines that I think is going to do really badly over the next 6 months.
Can I short these kind of stocks?If so where? For how long a time period can I short them? I just shipped 5k to
http://www.h-l.co.uk/ but I dont think I can short anything with these guys. Anyway I'm very confused and I have no clue what I'm doing lol. Help appreciated