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Re: Comsec conditional orders - range between trigger and limit price too small?

A couple of alternatives ................

1) You could gradually cover your Stock position with a synthetic futures position via a CFD provider.

2) You could cover your Stock position at your preferred level by taking on the equivalent Short positions via a CFD provider

For example 1) You could scale into a hedging position by ...... If the market rises X% (you determine the percentage that suits your objective), sell Y mini positions of the SPI200 or equivalent (you determine how quickly you want to completely hedge the position by how many "Y"s you sell)

or for 2) Choose your levels, and place pending orders for the Short positions with your CFD provider, or simply Sell Short at anytime you think the market is extended and you are happy to neutralise your position.

Doing either of the above of course caps the downside if the market drops heavily, but it also caps any upside if it rises.

Pros and Cons for all the above, and there will be transaction costs to sell short and hold those short positions. Personally I'd do 1) if I had to make a choice, but then again, if you think the market is a bit wobbly, you could simply sell your current Stock positions and sleep at night

Cheers.