By DominicWalsh · Posted
IG | Sitemap | Terms and agreements | Privacy | How to fund | Cookies | About IG
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.
The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
CFD, share dealing and stocks and shares ISA accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. Both IG Markets Ltd (Register number 195355) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority.
The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Question
Pro85
Hi
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 Pro85Spelling error
Link to comment
1 answer to this question
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now