To Garyst. Say a stock is at $2.75 and I short 363 shares & realize $1,000.00 in my account. Afraid it's going to go up so I put in a stop to cover at $2.85 for a loss of $36.30. Does my broker just deduct the $36.30 leaving me $963.70 in my account & I'm totally out ? Transaction fees are not included.
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