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SamuelRice

Not being able to Short Stocks

By SamuelRice, in Bear Bull Traders - Members Only!

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SamuelRice    1

SamuelRice
Posted

So I just talked to IB, and I was told I can't short stocks because I am not 21, I was wondering if there are any other traders in BBT who are in a similar situation and your thoughts or recommendations, thanks

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zulkafil    38

zulkafil
Posted
20 hours ago, SamuelRice said:

So I just talked to IB, and I was told I can't short stocks because I am not 21, I was wondering if there are any other traders in BBT who are in a similar situation and your thoughts or recommendations, thanks

A short sale requires margin because the practice involves selling stock that is borrowed and not owned. So an account needs margin trading permissions to short stocks. Cash account can't do it.

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