I know the moderator wants these Commsec questions under Brokers in the Commsec Q+A thread, but I poted there and nobody noticed it. So here it is. (sorry moderator)
Commsec conditional trading triggers...
On a falling sell, triggering at $1.00 with sell limit of $0.90
Does that mean that the falling stock will sell when it falls to $1.00 but not if it goes below $0.90 (if start of trading opened at less than that)
Or does it mean that the sell is "triggered" and goes live at $1.00 but does not sell unless the stock goes down to $0.90. Thus allowing you to set the falling sell limit above current stock value in case it turns and drops later.
Excuse the dumb questions, I am in a very steep learning curve right now
Commsec conditional trading triggers...
On a falling sell, triggering at $1.00 with sell limit of $0.90
Does that mean that the falling stock will sell when it falls to $1.00 but not if it goes below $0.90 (if start of trading opened at less than that)
Or does it mean that the sell is "triggered" and goes live at $1.00 but does not sell unless the stock goes down to $0.90. Thus allowing you to set the falling sell limit above current stock value in case it turns and drops later.
Excuse the dumb questions, I am in a very steep learning curve right now