Australia's largest stock trading and investment forum Australia's #1 stock forum

Commsec Conditional Trades - Multiple Triggers, page-3

First 3 Last

Share
Profile

Follow
Golden Fleece

3,518 Posts.

261

16/04/23

08:46

Post #: 67295746
Share

Originally posted by gavtech: ↑

For those scratching their head as to why I would want to do this...

I have different departure thresholds depending on the markets direction. I want my cake and eat it too.
i.e.
Falling Sell = If recession fears or bad news makes the stocks plummet then my exit strategy is to lose a maximum of 5% from where it sits now, but still happy to hold for another week or three - even if it only hovers around a % above or below. Maximising opportunity time.

Trailing Sell = If the stock prices climb prior to going ex-divi or other good news then I will take any further profits and exit at 2% below the future highs.

The difference between 5% down from present to 2% down in the future could be significant. (Though not enough to be in error by 50,000 shares)

Expand

If you have 50,000 units to sell; CommSec will not let you have two sell orders each for 50,000; it would be impossible for both to be filled
Upvote

Reply

Top Stories

LKO

'Rising demand': Lakes Blue Energy starts well-timed Wombat-5 gas drilling

AFP

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

EMC

Everest Metals dips as company clocks low gold grades at Taipan, WA

Why a Fed rate cut could obliterate your super – and no one's warning you

PSC

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

I88

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

HZN

Crickets as Horizon Oil unveils new project picked up in Thailand

DES

DeSoto lands key exploration rights for Syncerus gold project in Guinea

BGL

Market shrugs off Bellevue's 'conservative' FY26 guidance

Week 31 Wrap: Oz core CPI @ 2.7%! But here come tariffs. Again. Next Friday

First 3 Last

SPONSORED BY