Jump to content
  • 0

Chose a specific position to sell with alerts




I use PRT and will be buying and closing positions using alerts with an associated triggers. Sometimes I will buy multiple positions for different purposes and I was wondering how to make sure the "right" position closes when I associate a sell order with the alert?

Let's say I already have 1000 shares of a stock that I intend to keep for at least another few months. While I have this position open I decide to buy another 500 shares of the same stock that I only intend to keep for a few days. I can see in my portfolio that the positions are separated from each other so so far everything is good. Now how can I make sure that when I after a few days put an alert with an associated sell order of 500 shares that it sells only the position that i bought recently? Would PRT know what position to sell because the number of shares that I specified are the same? Would it for example sell my longer term investment if I would have associated a trigger to the alert to sell 1000 shares?

Edited by Pro85
Spelling error
Link to comment

1 answer to this question

Recommended Posts

  • 0

I have now tested different ways to sell on the demo account and I couldn't find a way to do it. It always seems to sell the oldest position first. In the the end the best way to "fix" the issue was to simply open a second CFD account for my short term trading.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 05/10/22 12:13
  • Posts

    • Market data to trade on Thursday: Aussie Trade; Levi earnings With the upside risk for forecasts for the Australian trade data, IGTV’s Jeremy Naylor looks at the long trade on the Aussie benchmark, the S&P ASX 200. Earnings out on Thursday include Constellation Brands and Levi Strauss.      
    • Dear All, On the September 22 I could not sell Presto automation stock $PRST.  I have reported that to IG helpdesk, had multiple calls etc. It is not obvious where this process is going and I need my refund money ASAP. I have sent the screenshots etc.
    • Hi @Adnan_The_Barbarian Unfortunately we do not offer GDR's (Global Depository Receipt) for share dealing.   All the best - MongiIG 
  • Create New...