Cloves2020 Posted January 21, 2021 Report Share Posted January 21, 2021 Hi, searching help in medved for "short" and "selling" couldn't find what I was looking for. I initiated a short on a ticker using the "sell" limit and price. Order was executed as stock crossed price. Aside from hitting "flatten" how can I close the short sale? I tried a setting a "sell" limit at my target and that didn't work. Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted January 21, 2021 Report Share Posted January 21, 2021 BUY 1 Quote Link to comment Share on other sites More sharing options...
Cloves2020 Posted January 21, 2021 Author Report Share Posted January 21, 2021 Thanks for the reply Jerry, so I have to drop a buy tablet on the chart? Buy normal or Buy Limit? Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted January 21, 2021 Report Share Posted January 21, 2021 when you cover a short position, that is a BUY. As for the order type, that really is up to you. not sure what "normal" means in this case. Quote Link to comment Share on other sites More sharing options...
Cloves2020 Posted January 25, 2021 Author Report Share Posted January 25, 2021 (edited) Hi Jerry, so I had an issue today closing a short. I got into a short (80 shares), and then when the price went down I tried "buy" the amount of shares with a limit order, that failed. I then tried buy at market again 80 shares and that failed. I then hit "close" on the symbol and even reverse and that didn't work either. I had to go back into ally and hit buy 80 shares to close my short. Do you guys offer a video tutorial on how to correctly accomplish this? I get I have to buy back 80 shares but couldn't get it done with medved. Called up the bank and apparently this ticker was on the do not short list. Somehow when I placed my original sell order at my target, the capsule had more shares then I owned. So the sell limit order was for 100 instead of 80. So when the target got hit, I bought an additional 20 shares and I couldn't get out of it using the buy limit order. Even inside ally a buy to cover didn't work, had to use a "buy" market. Edited January 25, 2021 by Cloves2020 Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted January 25, 2021 Report Share Posted January 25, 2021 what interface were you using? charts? trade ticket? On trade ticket, there is an explicit COVER button and that is what you would have to use. On charts, DOM, Level II, there is no short/cover button. Just using sell/buy works Quote Link to comment Share on other sites More sharing options...
Cloves2020 Posted January 26, 2021 Author Report Share Posted January 26, 2021 I was using charts. Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted January 26, 2021 Report Share Posted January 26, 2021 we have fixed a few things in the are of short/cover on charts since the version you have. Can you update to the beta: https://medvedtrader.com/beta if you still have a problem, send us an email and we can proceed from there. Quote Link to comment Share on other sites More sharing options...
Cloves2020 Posted January 26, 2021 Author Report Share Posted January 26, 2021 Just downloaded the beta. Quote Link to comment Share on other sites More sharing options...
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