Hello, is it really true that in T212(Invest) SL and TP cannot be set at the same time ?
I see that i can only do 1 of those.
Also it gets a bit tedious trying to dynamically modify the SL/TP. Looks like i have to first cancel my SL/TP order, then place a new one.
Is their a better way to do this ?
And i am talking about T212 invest ofcourse, i know that this is available on CFD
Take Profit and Stop Loss orders do not exist in Invest or ISA accounts, so I assume you’re referring to Limit & Stop orders.
The core purpose of CFD accounts differs from that of Invest and ISA accounts. CFD accounts are designed explicitly for speculative trading, while Invest and ISA accounts are meant for long-term investing. Consequently, the order types and how you can set them differ to align with the specifics of each account type.
Sorry, I really don’t get that logic. And i see other people also cannot make sense of this ( i see posts from as long as 2020 challenging this).
Anyway, time to bid goodbye to T212 now. Ciao!
Hi All,
Just to back this up, I too have been calling for better risk management tools for Stocks & Shares ISA’s.
I would like to see Bracketed Orders. In fact just flipping the logic on the already existing order types would help.
A “Sell Stop Limit” could easily be flipped to have the Buy side “Bracket” a price range as the price of the equity fell into the “Bracket Trap”, and vice versa on the Sell side. See these two related threads:
https://community.trading212.com/t/bracket-order-placing/50634/1
https://community.trading212.com/t/realtime-automation-for-s-s-isas/81860
Cheers.
CT