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Started by vegolino, September 03, 2014, 06:20:01 PM

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vegolino


bytemaster

Quote from: aloha on September 03, 2014, 07:48:20 PM
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. 
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

vegolino

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?

vegolino

Guys thank you for clearing that up for me  :)

bytemaster

Quote from: aloha on September 03, 2014, 06:44:38 PM
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.
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

vegolino

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?

Shentist

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

bytemaster

Quote from: aloha on September 03, 2014, 06:29:16 PM
In open orders is showing only Cancel button

Then your short was not matched and must wait.
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

vegolino

In open orders is showing only Cancel button

Shentist

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

toast

did your short actually execute?
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

vegolino

#1
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  :)