SELL STOP - Market

🤝 Help
1

Hi, I have 500 shares of a stock in my ISA invest account
current price 945.2
sell price 943.9

when I set the stop order, the price shown above is 943.9
But shouldn’t it be 945.2 that is the stop order trigger point?

So if I set a stop order now for 945.0, it should execute a market when current price go below 945.0, say 944.9, and sell for something like 943.7?

Basically my question is then:
What is the STOP order price referring to, current price or sell price?
If it is the current price, why is sell price shown at top of STOP sell screen?

Best

1 Like
2

Stop price refers to the sell price.

1 Like
3

That odd, just tried to set a STOP for the sell price, and it didn’t work
The price was 943
sell price was 942
i placed stop @ 941.8

and the sell price went 941.5 without selling/changing it to market order.

still ISA invest account.

EDIT: It worked when i replaced it withsomething more drastic, 0.5, rather than a 0.2 difference below the sell price.