Now we can sell on eToro (when available) which essentially means that you are betting on that stock to lose money and you, therefore, make money due to the demise.

A big example of this would be once the Covid-19 pandemic hit and the airline industry took a massive downturn. Setting a sell order on February 10th 2020 on American Airlines (AAL) when the price was at $29.14 a share would have seen you gain a 45.91% return on investment. The market crashed, the airlines took a big hit and you bet against them and made money. This might seem predatory but in investing and trading there are winners and losers and it’s always best to be on the winning side.

Image: Tradingview.com

After researching a company and being sure it’s going to take a downturn you can now set your first sell order:

Step 1: Select your company

Step 2: Hit Trade

Step 3: Select Sell

Step 4: Enter Your Amount

Step 5: Click Trade or Deposit Now if you need to fund your account.

If the market is open or once the market opens your trade is now active. You can watch your profits/loss by selecting ‘portfolio’ on the eToro app or platform.