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Non-Tech : The Critical Investing Workshop

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To: DepyDog who wrote (11348)4/6/2000 1:02:00 PM
From: Dealer  Read Replies (1) of 35685
 
Depydog our precious porch puppy!

Just realize, when you call your broker, if you do or do not have a position in this call or option.

BUY OR SELL TO OPEN

If you do not have a position then you want to Buy or Sell to "open".

BUY OR SELL TO CLOSE

If you already have a position and you are trying to buy or sell that same position then you would be buy or selling to close. You have then closed the position and can move on to something else.

Hope this helps. Sure will save us some money in "doggie chews" round here on the porch.

love ya,
dealer
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