Term

short selling

A bet on a fall in price: the player sells shares he does not have, then buys them back more cheaply. If the price rises instead, he loses.

The Psychology of the Stock Market, J. C. Selden

Explained in

• The Psychology of the Stock Market, J. C. Selden
• Reminiscences of a Stock Operator, Edwin Lefèvre

  A trade made in the expectation that a price will fall: the player sells shares he does not own, then buys them back more cheaply. If the price rises instead, he loses.

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