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Re: Comsec conditional orders- range between trigger and limit price too small?I don't use anything like this in my portfolio. But I was thinking in your case is it possible to have no limit price, eg your shares are just sold into the market at any price if your trigger price is hit.I know there are downsides to that, But I think it is going to be hard to get a guaranteed stop loss price without paying someone for it eg. buying a put option.Buying a put option would be the best way to put a guaranteed floor under your position, however your paying the market to take some risk off your balance sheet, so like most insurance it comes at a price.
Re: Comsec conditional orders- range between trigger and limit price too small?
I don't use anything like this in my portfolio. But I was thinking in your case is it possible to have no limit price, eg your shares are just sold into the market at any price if your trigger price is hit.
I know there are downsides to that, But I think it is going to be hard to get a guaranteed stop loss price without paying someone for it eg. buying a put option.
Buying a put option would be the best way to put a guaranteed floor under your position, however your paying the market to take some risk off your balance sheet, so like most insurance it comes at a price.
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