Help deciding limit sell price

🤝 Help
1

I want to make sure I will sell at the right price. I am not very good at maths so I would like something I could easily do with a calculator please.

Example.

I buy a stock at £1 and it reaches £3 what price do I set if I want accept it dropping 25% of profits gained so far. Please leave your equation. Thanks in advance :slightly_smiling_face:

2

Your current profit is £2 and 25% of that is 50p. So if you sell at £2.50 you will profit by £1.50 which is 75% of the present profit.

stop price = purchase price + 0.75 (current price - purchase price)

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