Jump to content

Guaranteed stop AND normal stop for a single position


Recommended Posts

Hi all,

Am I right in thinking that it is not possible to have both a guaranteed stop AND a normal (tighter) stop for an open SB position?  If so, has any one had any luck in achieving the same result by some other means (e.g. by having a guaranteed stop for an open 'buy' position and a 'sell' order above the guaranteed stop level as the normal stop)?

Given the large minimum distance of guaranteed stops for SB positions, I tend to use normal stops only. But, there is always the risk that I could be crucified with a large overnight move.  Would be glad to hear people's thoughts on this.

Thanks

Ben   

Link to post

Hi @Bjp1980, I think you are correct that you can't have a normal stop with a guaranteed stop but that you can have a reverse order with the same affect in the market. See the final post in this tread (note the Mods intervention was not concerning the point raised and that limited risk accounts expired in the EU with the recent ESMA ruling)

 

  • Thanks 1
Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      15,472
    • Total Posts
      74,117
    • Total Members
      62,475
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Areti
    Joined 24/06/21 21:06
  • Posts

    • Just wondering if anybody received the dividends payments from Burford Capital. Believe the payment date was last Friday (18/06) but I still haven't had any paid into my ISA account. Thanks, Jeeve
    • Results: GBP BoE Interest Rate Decision Prev: 0.1% Est:0.1% Actual: 0.1%   GBP BoE MPC Vote Unchanged Prev: 9 Est: 9 Actual: 9    GBP BoE Asset Purchase Facility (June) Prev: £895B Est:£895B Actual: £895B   GBP BoE MPC Vote Cut Prev: 0 Est: 0 Actual: 0   GBP BoE MPC Vote Hike Prev: 0 Est: 0 Actual: 0
    • The Bank of England (BoE), will commence their latest monetary policy announcement at midday 12:00 (UK Time), on Thursday 24 June 2021. Tune in to IGTV’s live BoE announcement and analysis at 11:55 AM BST on Thursday in the IG platform. Today at 12:00 (UK Time): GBP BoE Interest Rate Decision Prev: 0.1% Est:0.1% Bank of England Quarterly Inflation Report  Monetary Policy Summary report BoE MPC Vote Unchanged  Prev: 9 Est:9   BoE Asset Purchase Facility (Jan)  Prev: £895B Est:£895B   BoE MPC Vote Cut  Prev: 0 Est:0   BoE MPC Vote Hike  Prev: 0 Est:0
×
×
  • Create New...