need help please.

[Roniqua]

Hi. If i want to go long on top40 but i want to sell at anytime i need to buy a american call warrent. What if i want to go short but also want to sell at anytime. Please if not to much moeite. thanks

[#2]

buy a put then

[#3]

If you sell and then sell some more, it cant be good. SSF (single stock futures) is brobably what you are looking for but its geared and u gotta be quite clued up to use it.

[Kbee]

Hennie is correct, you'd need to buy a put warrant. These are identifiable by the last letter of the Share code being for P to Z (eg. TOPSBP or TOPSBQ etc.)

[cfm]

You don't specifically need to stick to the American warrants. An European warrants works just as well.

[SimonPB]

the confusion is that put warrants are european warrants .. but you can still sell them at any time, you can only exercise them at expiry ..

[#7]

I think you are talking warrants from your post. You can buy and sell any time if it is american or european does not matter. The option of converting to ordinary shares is what is relevant when you want to convert to the ordinary (underlying) share. Here American and European have their own rules. Buy if you merely want to tarde them (buy and sell at any time) it does not matter what one you use.
What does matter is do you understand gearing and spreads etc. If not I suggest you stay away until you learn more about it and do paper trading (buy on paper what you wanted to and track it to sell. Do this at least 50 times before placing actual money on it. DO NOT CHEAT YOURSELF ON PAPER, YOU ONLY CHEATING YOURSELF, AND YOU BANK ACCOUNT, IN THE END) that way you dont loose money and you are guaranteed to loose money if you dont understand the product correctly. SSF and CFD etc same thing.

[DEP]

You can also buy DB wave; e.g. Topdww (short top40) Topdwh (long top40).

[#9]

even bigger OUCH if you dont understand gearig and those kill your portfolio if you go wrong and the barrier is breached.

[Roniqua]

Thanks. Got it. Just though you cant sell european when you want. All makes sence. Cheers.

[#11]

Yep, the "training material" give that impression that you can't sell eu or usa when you want. That one got me also. Once again, misinformation. You trade it like a share anytime anyday.