So I opened up short positions @ 23.75 and 24.1782 of 1200 and 1100 BitUSD.
I think BTSX is about to start increasing in value.
TYPE PRICE (BTSX/BITUSD) QUANTITY (BITUSD) COST (BTSX) COLLATERAL (XTS) ACTION
Short 24.1782 1,100.00 26,596.02 Cancel
Margin 31.6667 1,199.9997 57,000.00 Cover
I doubt the 24.1782 will fill.
But I notice the cover option I can click on to cover the short position. Can somebody explain this feature? How exactly do I close the trade and make a profit/loss?
Can anyone explain what happens here?