I'm probably showing my extreme lack of market savvy here but I can't seem to find the option in the market:
I shorted about 3000 BTSX for $100USD. To make a 10% return on this I need to cover when USD/BTSX is at about $0.38/BTSX. How do I put that in now? Just go long at 0.38 or is there a limit cover order or do I just need to keep an eye on it?
Yes, I am confused about this too.
When you click cover you get "cover" but no price to cover at.
I was expecting something like "buy to cover" at "anyNumberBTSX"
Buying an equal long position does not cancel the short (this is a good thing which neutralizes the position) However there seems to be no way to set what price you want to cover at? Am I missing something?