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Order level


Gareth125

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Hi I’m new to trading and the IG app.  I want to make a trade and the app lets me set the “order level” at 0.0005. The share was trading at 0.77. COB on Friday. How am I allowed to bid/stake my trade so low.  Is it the case that I can try and buy at that price but the likelihood of getting that price  very low ?  Many thanks in anticipation someone can help me out. Regards Gareth 

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    • If its going to work there's not too much faffing, it'll faff if the 50% level is not working - which is happening right now on GOLD On the daily chart a stop of 25 points for the SP500 is fine
    • Yeah had fairly tight stop and it was a bit choppy so got knocked out. Uncorrelated methods will work together as you say. 50% levels will work while the trend is still on but when/if that stops so does the method I would imagine and you have to do something different.
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