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It's the same principle. When you're shorting a stock, you want the highest price possible that you can get. The limit, then, is the minimum price that you would sell it for or higher.
so if a stock is trading at 10 and i want to short it i should aim to get a higher "limit order- sell" ? for an example in this case 12? i think i dont get what you mean and would appreciate it if you could describe a scenario where you explanation could make more sense to me
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I've experience some hesitations, glitches in all. It happens with all technology unfortunately. It did not however affect me to much. Haven't experienced Suretrader yet. You should make decision based on account size and how to make the most money. As you grow go to the all out expensive brokers that I assume may have less glitches but I wouldn't know.
As far as withdrawals as in most 3-5 business days to transfer in or out.
Starting Jan 4th I'll be using Trade King I'll let you know how it goes. Their 4.95 per trade is hard to beat. I'll sacrifice charting for 50% lower commissions! Once I grow my account to 10000 I'll switch to TDAmer is my plan. Interactive Brokers is the best for day traders as long as you have 25,000 to avoid DT rules.
The platform depends on what your goals are. You want to be a long term investor? trader? You want to short? What do you want to trade? Most beginners start with the popular boutique firms and then transition to direct access platforms.
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@Venom just became a fully transparent trader today!

Almost got top at 3.39. Executed at 3.34. Thanks for your lessons Tim!
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