Hi DD - There are a few free platforms out there. I use T212 as it was recommended to me. I really like it. Just keen to know the ETA of the feature being discussed here ⦠or whether it will never be provided. Iād like to know either way so I can decide what I do from here. TY.
None of the fee free platforms have this feature by the way. Not even in stop or limit on their own.
Hello guys,
Iām looking for a bit of clarification regarding the trading process in my ''Invest" account; iām looking to implement both a āstop lossā trigger and ālimitā trigger to my stock selling order, but the only options are either one of the two that iāve mentioned or āstop limitā in which the ālimitā would only act as continuation to the āstop lossā order, as opposed to putting a higher ālimitā order to sell my action.
Letās i want to sell āxyzā which is currently at 25$, i would want to put my ālimitā order on 30$ and my āstop lossā order at 20$. Is that feasable with only the āstop limitā order? or do i have to put both orders separatly? and if so, how do i proceed to do so since iām only allowed to choose one?
Someone please clarify for me this issue as iām currently stuck
Thanks a lot in advance.
Recently came across this platform and am currently in demo mode⦠I was going to join this platform but as I cannot attach a bracket order to easily set a take profit in the same setup as the order itself think i will give it a miss. FYI to any other seeking a simple take profit attached with the order⦠eToro allows you to do this.
Currently, you canāt set a Sell Stop (stop loss) and Sell Limit (profit take) for the same investment, but t212 plans to remove that limitation in the near future.
Yeah George said that a while back. I have asked when that feature is due but no reply on timescales as yet.
do you know when by anychance?
I have no idea, @George said āin the futureā, but didnāt specify when.
cheers⦠@George if you can get your trading 212 platform integrated with tradingview charts and functionality that would be a better move. I understand that might be on the horizon - any date on that?
Hi guys,
Wonder of anyone can helpā¦
Iāve set the sell pice to be minimum of 35p
But it has sold for 32.25p⦠Why did this happen and my shares been sold as soon as the market opened?
If you have used a stop limit order. The stop price is a trigger price. When the stop price is triggered, the order will be executed as a limit order, that is the limit price.
If you want to sell for a specific price, just submit a limit order with the price you want to sell for.
When the market opened, the price was already lower than your stop price, so your shares were sold at the best offer at that time.
If you donāt want to sell below a specific price, use STOP LIMIT orders.
Dear fellow community members. As most of us know, a risk management is a crucial part of any type of trading. The thing which bothers me the most is that it seems the way how Trading212 trading platform is set up, is for new investors to lose money, quickly. How else can you please explain the fact, that itās impossible to set a simple thing as āStop lossā. I want an efficient tool/platform, which allows me to set STOP LOSS, meaning if it goes bellow X per share, SELL EVERYTHING. In the same time I want to be able to create Take profit at the same time when I place the order. I prefer a risk ratio of 1:2, take profit if itās +200 USD, take loss if itās -100 USD, simple as this. Unfortunately, as this basic/core feature isnāt provided, I donāt see how anyone can take your platform seriously? Maybe for Mike, or Jerry from Kent itās okay when investing $10 per trade. How can you trade efficiently without being able to manage risk to protect your investment. As far as I can see, currently the biggest risk is Trading212 platform itself. Please fix this.
Is there a stoploss coming in future on invested account ? like in the CFD account ?
i hope it will come because it will help me very much !
Stop is a trigger, as many said above.
Ex. Stop Sell 15 --> When price hits 15 it converts to market order (aka it sells) at the best available price.
Limit is a wall. It limits the price range for a transaction.
Ex. Limit Sell 15 --> You sell for 15 or more ONLY. If not available, the order doesnāt happen.
So I think Stop Sell would be used as your Stop Loss
This canāt be set up straight away when placing an order. Also I canāt have Stop Sell + Limit Sell active at the same time for all my bought shares. I think Trading212 platform would only benefit from a more advanced feature, where you could set both Stop Sell and Limit Sell when the order is created, even maybe calculate risk for you (or make it configurable, like some sort of strategy 2:1 risk ratio).
For example ninjatrader (https://www.youtube.com/watch?v=Hqaaz-arKtY) provides this functionality. All you need to do is to select the entry point and it automatically calculates your take profit/stop loss based on your provided risk ratio.
Thanks for your reply, yes it seems Stop Sell is the same as my Stop Loss. https://www.wyattresearch.com/article/stop-loss-vs-stop-limit-order/
Example I have 30 shares and the current price per share is 10.
I set a Stop Limit Order
Stop Price 9
Limit Price 8
Now when the market opens the stock as already went down to 7. As a result it will not sell which is expected behavior.
Question
But what would happen? If the market rebounds and the price raises to 8.50, would it sell now?
If āyesā then thatās a big problem because iāll lose any profit I am going to make, for example to stock price raises to 8.50⦠it means it is going up, the next increase from 8.50 could be 10 as well⦠so the question remains what would be the behavior?
They are so important concepts and they are not explained in a reasonable way.!
How is it not explained well enough?
The drop below 9 triggers the stop that places a limit order @ 8.
if the price then recovers over 8 it triggers the limit order and sells.
Thanks a lot for your help. I am sorry I am not a native English speaker, probably thatās why I didnāt understand it at first.