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

WTF? Thanks Mircat...you may have done me a major here. What you...

First 6 Last

Share
Profile

Follow
gavtech

977 Posts.

70

16/04/23

22:52

Post #: 67301743
Share

Originally posted by MirCat ↑

I am just an amateur when it comes to the sharemarket but the following lessons was learnt by me.

I bought a particular share and thought I would use the trailing sell function and set the trigger price below the purchase price.

The shares was sold within minutes…if thought I must have made an error and bought more replacement shares and placed a trigger price once more.

Once again the shares were sold in minutes!

Rang up Commsec and claimed there must be a programming problem.

Commsec informed me with trailing sell they aim to sell at the highest possible…since the current share prices was above the trigger price it was basically sold immediately.

Expand

WTF?

Thanks Mircat...you may have done me a major here.

What you are saying is totally different to what Commsec describes. From what they are saying the price needs to get below the trigger price before going to market.

I was going to ring in the morning anyway as I haven't found the answer to my original query. Now I am extra bamboozled.
Upvote

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 6 Last