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Stop Loss Order
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andylow
Member |
22-Jan-2008 21:40
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I think poems proTrader allows this stop loss feature but it comes with a subscription fee.. Another question, can we do shorting with the online trading? |
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Alligator
Veteran |
22-Jan-2008 21:30
Yells: "learning from past " |
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Singaporegal, May I know how you enter in this system , says to buy a stock at 10 dollar and put a stop lost at 0.90? Thanks |
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singaporegal
Supreme |
22-Jan-2008 21:29
Yells: "Female TA nut" |
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Yep... saxo bank has a stop loss feature which I find very useful. It protects my profits and also from unreasonable losses. |
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Manikamaniho
Senior |
22-Jan-2008 20:58
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Good to call Phillip or Saxo to ask about the stop-loss feature for stocks...
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Manikamaniho
Senior |
22-Jan-2008 20:56
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It may be that Saxo has a stop-loss feature for stocks. So you will need to monitor prices yourself (or ask your family/friends) and then enter your order accordingly. |
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andylow
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22-Jan-2008 20:50
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Ok noted with thanks! So the normal online trading accounts doesn't help in stop loss order. So only specific software such as the protrader from Philips will do such order? |
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Manikamaniho
Senior |
22-Jan-2008 20:41
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Your lot will be sold @1.00, since there's a buyer @1.00.
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andylow
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22-Jan-2008 20:37
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I'm new to online trading, can anyone advice me if I can put a stop loss order through online trading? Meaning if the price is trading at Bid $1, Sell $1.05. I'm holding 1 lot, if I put a sell at $0.90, will the lot be sold away at $1.05 or will it drop till $0.90 then be sold? |
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