SureTrader
Interactive Brokers Advertisement
Home > Boards > Free Zone > User's Groups > STOCKGOODIES PLAYS OF THE WEEK

Short Selling Process

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
BoomPickens  Member Profile
Member Level 
Followed By 155
Posts 692,381
Boards Moderated 0
Alias Born 10/14/12
160x600 placeholder
BoomPickens Member Level  Friday, 10/06/17 01:55:43 AM
Re: None
Post # of 2731608 
Compensated Awareness Post - View Disclaimer

Short Selling Process
Here is the process:
Request the short sell from your brokerage.
Your brokerage will lend you the shares, if they have them available. It's not uncommon for the shares to be unavailable.
Your brokerage will immediately try to sell the shares on the stock market.
Cash from the sale goes into a special short-sell account that you cannot access. It is used as collateral for the shares that you borrowed.
Wait for the stock to go down.
Finish the trade by choosing "Buy to Cover." This action will buy shares from the market and return them to your brokerage. You will have made a profit if your short sale price was higher than your buy back price (minus any commissions).
Note that your brokerage may request that you return the shares at any time. They may need to return the shares to other customers.


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist