Jump to content

Do I need to close a trade to take profits in share dealing or can I take profits and let the trade continue?

Recommended Posts

On 13/01/2021 at 17:17, veer said:

Please help 


With share dealing you have to sell your shares if you want to crystalize your profit. 

It's the same with leveraged but people will move their stops closer to the market price meaning that once the market moved out of their favor and hits their stop they're still taking a profit. 

What you can do if say you were holding Tesla stock. You bought at 400 and the price moved to 435 you can put in a stop order to sell at 420 so if the market dropped to 420 or less we would sell your stock. However, you must be aware that with this order type you're giving us instructions to sell at a price or 420 or less. That means if there are orders in the market at 415 we can sell your stock there. 

I hope this helps, 

All the best

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 07/06/23 19:48
  • Posts

    • Look Ahead to 8/6/23: eurozone, Japan growth; US initial jobless claims; Crest Nicholson, MITIE earnings Growth is in focus as investors await eurozone and Japan GDP data, plus keep an eye out for US initial jobless claims ahead of the Fed monetary policy meeting next week. Crest Nicholson and MITIE post results. Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Wednesday 07 June 2023              
    • With the price of Brent having failed between $77.50 and $78.50 three consecutive times in the past month, we will go short at $76.70 with a downside target at $72.00 and a stop-loss at $78.55 on a daily chart closing basis. Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Wednesday 07 June 2023
    • Charting the Markets: 07 June Indices grind higher. EUR/USD, GBP/USD and USD/CAD struggle to make headway. And WTI and gold trade in low volatility while wheat slips back. Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Wednesday 07 June 2023                       This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
  • Create New...