IB & long SHORT & short LONGs

Discussion in 'Trading' started by Miki, Sep 27, 2001.

  1. Miki

    Miki

    Looking at IB's 'Sell', 'Buy' and 'Sell Short' choices I fail to see 'Cover' option - 'Buy' is used for entering LONG and covering SHORT.

    I would like to be able to SHORT the same stock long term and scalp bounces with short term LONGs.

    This seem to be not possible within the IB's software.

    Any ideas?
     
  2. def

    def Interactive Brokers

    you should not have to worry about those keys, just use buy/sale. They are set up for other broker dealers or professionals who need to declare their trades. The IB system knows your position and thus does the work for you.
     
  3. Miki

    Miki

    I would like to be able to SHORT the same stock long term and scalp bounces with short term LONGs - AT THE SAME TIME.
     
  4. def

    def Interactive Brokers

    you are either long or short. you can not be both - those are the rules.