How to set a "Limit Sell" Order

[Nazao]

Hello IG community!

I need some help with "Limit sell" order. I am able to place orders to "buy" by putting my desired limit buy price. Let's say I placed an order to buy Tesla shares @$180 (limit) and my position gets opened. Once that's open I want to sell it (i.e. close the position) when the price reaches let's say $190. What I want is to set the "limit sell" price and let the IG platform automatically close the position whenever the price reaches $190. Currently, I can only close positions with the current market price and I need to be active in the platform to monitor the price and manually close positions. The US trading market opening time is a bit inconvenient for me (1:30am). Your expert guidance is very much appreciated.

I use the IG Mobile App mostly. But happy to navigate the dashboard via laptop if that's required (I am not sure if the app has any limitations).

Many Thanks!

 

 

 

[neueneuen]

If your Trade-opening behaviour is set as Net off (which is the default), pressing Close (which allows only market order) is not the only way to close a position. You can simply place a new limit order in a reversed direction and its execution will "net off" (close) the open position per the amount executed.

Check Trade-opening behaviour in platform Settings. It should be Net off, not Force open.