TradeStation Help

Placing Sell Short Orders for Equities

To open short positions, you must enable the Order Bar for short selling. For instructions, see Enabling Short Selling Preference.

Placing a Sell Short Limit Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Select the number of shares or dollar amount for your order using the or arrow in the Quantity box. Click # or $ to specify whether the Quantity field refers to the number of share/contracts or a dollar amount.
3. Set your limit price for your order using the or arrow in the Limit Price box. You can also click Auto to use the Auto Price feature.
4. Select Limit from the Order Type drop-down list.
5. Select the route to use for the order from the Route drop-down list.
6. Select the length of time for which you want the order to be valid from the Duration drop-down list.
7. Select the account to use in settlement of the order from the Account No. drop-down list.
8. Click Sell Short.
9. Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. For more information, see Enabling and Disabling Order Confirmations.

Placing a Sell Short Market Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Select the number of shares or dollar amount for your order using the or arrow in the Quantity box. Click # or $ to specify whether the Quantity field refers to the number of share/contracts or a dollar amount.
3. Select Market from the Order Type drop-down list.
4. Select the route to use for the order from the Route drop-down list.
5. Select the length of time for which you want the order to be valid from the Duration drop-down list.
6. Select the account to use in settlement of the order from the Account No. drop-down list.
7. Click Sell Short.
8. Click Yes to send the order or No to cancel the order in the Confirm dialog.
   

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. For more information, see Enabling and Disabling Order Confirmations.

Placing a Sell Short Stop Market Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Select the number of shares or dollar amount for your order using the or arrow in the Quantity box. Click # or $ to specify whether the Quantity field refers to the number of share/contracts or a dollar amount.
3. Select Stop Market from the Order Type drop-down list.
4. Enter your stop price to adjust the price using the or arrow in the Stop Price box.
5. Select the route to use for the order from the Route drop-down list.
6. Select the length of time for which you want the order to be valid from the Duration drop-down list.
7. Select the account to use in settlement of the order from the Account No. drop-down list.
8. Click Sell Short.
9. Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. For more information, see Enabling and Disabling Order Confirmations.

Placing a Sell Short Stop Limit Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Select the number of shares or dollar amount for your order using the or arrow in the Quantity box. Click # or $ to specify whether the Quantity field refers to the number of share/contracts or a dollar amount.
3. Select Stop Limit from the Order Type drop-down list.
4. Enter your limit price to adjust the price using the or arrow in the Limit box.
5. Enter your stop price to adjust the price using the or arrow in the Stop box.
6. Select the route to use for the order from the Route drop-down list.
7. Select the length of time for which you want the order to be valid from the Duration drop-down list.
8. Select the account to use in settlement of the order from the Account No. drop-down list.
9. Click Sell Short.
10. Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it.For more information, see Enabling and Disabling Order Confirmations.