2Settimana·

Time to take profits

After I recently sold my $AMZN (+0,53%) shares (which resulted in mostly negative feedback😉), my stop-limit order was also executed today at $KLAC (-0,75%) was executed today. You shouldn't get greedy and realize profits from time to time, especially if you are currently "over" invested in tech like me and we are constantly scratching the ATH.

09.10

KLA-Tencor Corp

Venduto a 1050,00 USD

5 Commenti

Smudo@Smudeo

2Settimana

Stop loss not limit (is buy)

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DividendenAlpaka@DividendenAlpaka

2Settimana

@Smudeo No, it was a stop limit order. Ask Mr. Google what the difference between stop limit and stop loss is and you can learn something today 😉

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Smudo@Smudeo

2Settimana

@DividendenAlpaka
A stop-loss order is a sell order that an investor places in order to limit losses on a securities trade. It is activated when the price of a security reaches or falls below a certain predetermined lower limit (the stop price). From this point, the order is automatically triggered and sold at the next tradable price. The aim is to limit losses or secure profits already made.

There are things that didn't used to exist:

A stop-limit order is a combined stock market order in which both a stop price and a limit price are set. It only becomes active when the market reaches the defined stop price and is then only executed at the desired limit price or better

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DividendenAlpaka@DividendenAlpaka

2Settimana

@Smudeo The stop limit actually only has an advantage if the share falls very sharply. It gives you additional security that the share will not be sold far too low after the stop is triggered.
But yes, I agree that this certainly didn't exist in the past. This type of order is probably not offered by all brokers either.

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Smudo@Smudeo

2Settimana

@DividendenAlpaka Certainly additional costs, with Wirecard my stop loss was better than limit. But my Funkwerk $FEW, which is now to be delisted, I could set my sell limit to stop loss limit

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