Been reading on in this forum for a while and appreciate all the info. I just a question I haven't come across yet.
I'm a very small time ASX investor just learning the ropes at this stage. My first few orders I made worked out well however I'm confused about two I made recently.
I use westpac online investing. Placed an order with PRICE LIMIT of $13.80. On my trade confirmation the EXECUTED PRICE IS $13.80. But when I look at my portfolio it says my PURCHASE PRICE is $14.02. I don't understand why this happens. I know there are different types of orders but the PRICE LIMIT is really the only option wespact offers to me.
Second time this happened was today. PRICE LIMIT 0.205, EXECUTED PRICE 0.205, PURCHASE PRICE 0.209.
Can someone explain this simply for me please and suggest how I can stop this from happening.
Thanks very much.