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Wayne:If you are using Etrade you can set the price range at...

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    Wayne:

    If you are using Etrade you can set the price range at which the sell should trigger. Firstly work out the price at which the order is to be triggered. Say it is 19c. Set it as the trigger price. That is where it says:

    "Trigger Price:
    Less than or equal to: 0.19"

    All Conditional Orders triggered and accepted by E*TRADE Australia for selling a Security, will be placed into the market at 3 price steps lower than the last sale price at the time the Conditional Order Triggered, unless you have specified a minimum limit price above that figure. So in this case Etrade will try selling at 19c and if the price has moved below this, it will try at 18.5c and if not then 18c.

    If you want to get at least 18.5c for your shares you can specify it as a limit. Put this in the limit field. That is where it says:

    "Limit (Optional)      0.185"

    Hope that helps.
 
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