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

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To: Sword who wrote (4999)8/16/1998 10:23:00 PM
From: gbh  Read Replies (1) of 12617
 
Sword, yes, I have personally done both; long to short, and short to long in a single trade.

In going from long to short on a downtick, Datek's system will immediately sell the shares to net 0, and then sell the remaining shares at the next uptick, hence a split transaction (partial fills), but only 1 commission.

gbh
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