hey I've recently went to short a stock with IB on the US markets and been hit with message saying this account cannot hold a short position, looking at this https://www.interactivebrokers.com/en/index.php?f=am_stockshorting&p=overview2
does this mean aussies cant short stocks?
apologies if this question seams stupid as i am very green but i am failing to see any benefits of margin lending over a cash account, i know its ment to give you access to more buying power but your losses still have to be accounted for regardless? how does it give you an edge?
for example...
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