I'm aggravated. I had shorts on a iShares NASDAQ100 ETF for a few months. (I'm in Europe)Increased that short not long ago and I wanted to hang on to them for some more months as I think the SPY/QQQ will go down allot, soon enough.
My Broker send me an email that I had to close my shorts the same day.It's not a Margin Call. I had plenty of money in the account.Anyone else ever encounter this?Why was I forced to close my shorts on a ETF that obviously has enough shares in the world.
Didn't get an awnser why I had to close my shorts, but it cost me money as obviously what I have in mind it months further. They might have followed the rules they made up, stating they may close shorts whenever.
But I sold all my stocks with that Broker and took my money out.
How am I supposed to make money if I can't hold a long term short
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