New sanctions as a reason to make money on a downward trend
Over the past six months, we have somehow become accustomed to the fact that markets are constantly falling; we remember with nostalgia the times when we could buy a security and watch it grow while receiving dividends.
But a downward trend is not a reason to take a break from stock trading, because thanks to modern methods of stock trading, you can open uncovered sell transactions.
The main thing is to identify the news in time, which will serve as the beginning of a fall in the price of shares of a particular company.
One of such news, recently, is the introduction of sanctions against companies closely related to the Russian economy.
The announcement of new sanctions was announced by US Deputy Finance Minister Wally Adeyemo at a meeting dedicated to discussing sanctions against Russia.
Sanctions will most likely affect companies from Iran, France, China, North Korea and some other countries. In addition, they will indirectly affect Russian companies, which may find themselves without the components necessary for the production of products.
A more specific list of companies subject to sanctions will appear next week; all that remains is to carefully monitor the news and, after they come out, open transactions for the sale of shares of companies subject to sanctions.
You can also place sell stop that will trigger after the start of a downward trend, the main thing is to set the trigger point below the current support level.
A stock transaction can be opened with the following stock market brokers - https://time-forex.com/vsebrokery/brokery-fondowogo-rynka