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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Dominick who wrote (5000)	8/16/1998 10:24:00 PM
From: Sword	Read Replies (1) of 12617

lol, so you've bought when you wanted to sell. I've done that too! However, since I always check my positions immediately after a ticket executes, I've always managed to realize my mistake right away. Heaven help the person who thinks that they are short, merrily watching the T&S showing the price dumping only to realize later that they were long instead! Hope that didn't happen to you. But, one minor point, here: RTII does indeed automatically change a sell order to a short order when you don't own the stock. It didn't about 6 months ago, but it does now. And as far as I know, you'll have to place two separate orders on Monday to unwind your position and then go short. -Sword

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