Why does it say this when I try and put limits on already owned stock?

This is a common issue when you have already added a limit sell. Have a look down and check one isn’t already on place.

I have a stop (sell if it drops at a point) but I also want to add a limit (sell if it hits my target). Can you not do this?

You can’t have both, you can offer your stock for sale with one price only.

If you have physical shares and you go to the market to sell them, can you offer them for 2 different prices?

I can do what I want. If I want to sell at two different prices I can. If it’s busy I’ll raise my price of it’s quiet I’ll drop it. But I think I get your reasoning. So does my sell order, although not processed, influence the market (averaging sell price among all others)?

Yes, you can choose a price and then change it up or down, but you can’t have 2 different prices at the same time.

Ok thanks, but does a prospective sell influence the market in anyway? If not I don’t get why you can’t have two. It’s just an instruction isn’t it?using your analogy the price imadvertising influences the market, as it’s a live price and public.

Not at our level, but offers from institutional traders affect the market. When you place a limit or a stop order you actually offer your stocks to the market at a specific price (not just an IF instruction), any one with access to level 2 data can see your offer. If a trader offers a few million sh…

The same in reverse if you place a limit BUY order, you are offering to buy the shares at a specific price. If you place an order of a few million shares above the market price, the price will go up.

To sell this equity you need to buy it first?

🤝 Help

Doydoy August 3, 2020, 8:09pm 19

we can just hope that this comes soon(™). it has been bothering me too as you can have take profit+stop loss+trailing stop active on the CFD platform which offers way better control.

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To sell this equity you need to buy it first?

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