how to sell short

  • Welcome to the newest version of Trade2Win! We're running on the latest version of, what we consider to be, the best forum software available today. Our aim was to keep things as familiar as possible but focus on improving speed, security and usability. We hope you like the result! Please post your questions, comments, suggestions and feedback in the What's New and Feedback Thread - Sharky.
Oct 28, 2015
1
0
11
#1
hi , i am new to trading, quick question- if i short 100 shares of stock for example at $9.65 per share then price of stock drops to $9.50 per share and i want to get rid of 100 short shares- which button i should press on montage of trading software. should i press sell button , cover or buy button to end trade. thanks
 

Dr. Toad

Active member
Jul 21, 2015
169
33
38
#2
buy to cover (so in your case it is cover) will get rid of them. I don't think you can be long and short at the same time, so I imagine simply buying them will just result in an error and the transaction won't go through. Shorting them will increase the number of shares you are short.
 

CityTrader

Active member
Mar 29, 2003
665
26
38
www.aarcaspartners.co.uk
#4
I think qsam you are getting yourself in a twist If ( as in this case) you have shorted stock at $9.65 and they drop to $9.50 you want to press "BUY" to close your short and then take that $15 less costs and buy yourself a coffee