BitShares Forum

Main => General Discussion => Topic started by: srcgpsmp on September 09, 2014, 04:29:20 pm

Title: How to close short position?
Post by: srcgpsmp on September 09, 2014, 04:29:20 pm

I have opened short on btc(aka sold bitbtc)
when I click on "cover" I get this message -  "insufficient funds (20010) " and nothing happens.
How can I close the short? do I need to place buy order for the same amount I shorted?

Title: Re: How to close short position?
Post by: Shentist on September 09, 2014, 04:38:44 pm

exact. first buy the needed amount back, then you can cover.

Title: Re: How to close short position?
Post by: srcgpsmp on September 09, 2014, 05:48:52 pm

I try to buy bitbtc to cover but bids not executing against shorts- https://bitsharestalk.org/index.php?topic=8583.15

Title: Re: How to close short position?
Post by: Shentist on September 09, 2014, 05:56:13 pm

correct

you have maybe to wait. to get filled.

Title: Re: How to close short position?
Post by: bytemaster on September 09, 2014, 06:42:07 pm

Shorts will be working in 24 hours... BTSX 0.4.13 should be out shortly.