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blue0711

28 Posts.

07/09/14

13:19

Post #: 13936685
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Originally posted by Belorojim ↑

I need some guidance for Setting stop losses. I would like to be able to maximise any potential gains and limit losses should the share price drop.
If I want to set a Falling Sell, or a Trailing sell, then I can set the "trigger" value, no problem.

However, I am confused about setting the limit price, which is a requirement, in placing the order in Commsec. If I set a trigger value, then that indicates that I want to sell all of my shares. Why then would I need to set a limit, at which I do not want to sell my shares?

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STOP ORDER: . once market hit the stop trigger price. the order is send to marker as a "Market Order"
STOP LIMIT ORDER : . once market hit the stop trigger price The order is send to marker as "limit Order"

Previous posts provide you with examples.
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