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Short Sales Released

Some of you may have noticed a change this week to the account portfolio page that added a short position category to your portfolio and were wondering how to actually short a stock. Starting today you will be able to enter short orders on the trade screens where all your other orders are entered. Just select it from the drop down menu where you normally select buy or sell. A Short is how you open a short position and a Cover is how you close out a short position. Beware, if you Cover a short position and the price is higher than when you opened the short position, you will owe money to close it out.

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This page contains a single entry from the blog posted on March 14, 2008 4:49 PM.

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