Author Topic: Shorting question  (Read 2419 times)

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Offline vegolino

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Thanks bytemaster  :)

Offline bytemaster

Sorry I have one more question.
When will the system act on my short of 33.8761 if the market goes in the opposite direction, BTSX loose value against USD?

It won't. 
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Offline vegolino

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Sorry I have one more question.
When will the system act on my short of 33.8761 if the market goes in the opposite direction, BTSX loose value against USD?

Offline vegolino

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Guys thank you for clearing that up for me  :)

Offline bytemaster

So when the Buy Orders reach level of my short 33.8761 or more than Cover button will appear and I will be able to Cover?

Yes... until then you can cancel your short order.
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Offline vegolino

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So when the Buy Orders reach level of my short 33.8761 or more than Cover button will appear and I will be able to Cover?

Offline Shentist

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it is not executed if you scroll the ask side you will find your short

Offline bytemaster

In open orders is showing only Cancel button

Then your short was not matched and must wait.
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Offline vegolino

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In open orders is showing only Cancel button

Offline Shentist

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if your short was executed you will have a "cover" button or do you have "pending" ?

Offline toast

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did your short actually execute?
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Offline vegolino

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Hi,

I have shorted $100 today at 33.8761.  At the moment median price is 32.7466. According to my understanding BTSX have gone up in relation to USD.
 So I thought to cash in the profit by covering my short so I bought $100  for 3119 BTSX. That would give me profit 3387.61 - 3119 = 268.61 BTSX  :)
Open Orders are showing my short, but there is not Cover button so I do not know how to proceed with Cover.
I would be very grateful if somebody could tell me where I am making mistake?

Kind Regards
aloha  :)

« Last Edit: September 03, 2014, 06:46:26 pm by aloha »