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It was vcp Victoria. I think they have loads of legs but took profit as it has gone up so much lately
Tyla
It obviously wasn’t this share
Karma maybe? If so you must deserve it.
Can I tell you my stupid experience within last 2 weeks. I was selling some of my portfolio to get into cash, I thought I sold half of my 9000 shares in vcp at 2.68. Didn't think anymore about it, watched the price a few days later and realised I had bought another 4500 shares instead of sell g them!! But today I sold them all at 3.46! How jammy was that.
bets never ever to use stop losses. The MMs or spread betting companies know where they are and they do a micro burts tp grab them off you. Stop losses will lose you money. Guaranteed.
I have been looking for TRAILING STOP LOSS to avoid situation like this.
Can someone recommend a BROKER who offer this feature on ISA and Share dealing Account please?
TIA
Just sit tight, and don’t be emotional and sell if the sp goes up 10p . Wait for the rns that synairgen will put out in regard to the results of the latest trials. If it’s positive DO NOT SELL .
It was an Absolute Beginners mistake but we've all been there! Hopefully you get the rest back in before we shoot to Fame!
Good Luck justhadamare.
Good Luck!
Right. I bought back in at 230 (sickener) for a 1/3 of the shares i had because i didn't want to risk being out of it.
Hoping tomorrow isn't the day and the price drops back to 210 and i'll buy back the other 2/3
wish me luck
they have all sorts of crap in the IG small print so i'd forget it. Chill out. Life too short. Haggling with IG will give you a heart attack from raised blood pressure and you will be miserable for days instead of hours.
IG hopeless on this...
I don't think they will reverse the transaction. I would buy back in at the same value and accept that some shares would be lost. Otherwise just enjoy the profit! Your decision as always.
what platform do you guys use? do you have a stop option?
on IG.COM i only see "market" or "limit"
Agreed...no hope...waste of time..sorry !!
Yes you are wasting your time getting them to reverse a stop loss................it will be easier to nail jelly to the ceiling
Try it and see how you get on.
I'm using ig.com and there doesn't seem to be a stop option, just a limit.
Am i wasting my time trying to get them to reverse the transaction?
There is a stop option but also with that what people don’t realise, usually all the CFC bullshters is that a guaranteed stop is NOT necessarily the price you get it merely guarantees an exit at any price below your stop.
So if you set a stop here at say 1.92....
1. That is foolishly to high as if the MM is short the can imbue a flash smash and grab with a few ALGO or AT sells and grab your shares the mark it back up again.
2. If say everything went **** up here and the SP opened at 1.20. It’s 1.20 you would get not 1.92 and if it turned out that the news wasn’t as bad and the sp closed at 1.85 then you have been stopped out for 1.20.
3. Stops have their place especially on more liquid shares like your GSK’s or LLOY’s but on AIM you really gotta understand the trading.
Not advice but on AIM or any share for that matter a total wipeout should not result in poverty. Invest with a view to potentially loosing the lot.
Trek
Dont worry...its not life threatening or the end of the world. ... we've all done daft things... i still have a load of daft crap in my portfolio. Have a cup of tea. Then take a deep breath. Dont do anything today is my view. Chill. If you are into footie, watch the champions league tonight and be pleased you are alive and well and not in india, poor with virus...
then in the morning start again. Forget the trade you have just done. Its over dead, gone. Then decide how much you would put in from scratch if you were doing it from scratch today considering the risk given that it has already risen a lot, so in some ways the risk is no greater or lower than your original stake. Then invest based on that. Maybe look at a few other biotechs as well - to take a bit of spread in your portfolio... maybe things like circassia, dddd, silence or whatever. Its a new match now, so treat it is as a new one and decide when you have calmed down. Be thankful for your profits even though not quite what you intended. You will likely live another day):
Did the mare enjoy it?
Hi Chaps, I've had a complete 'MARE! I was holding 45K shares, i set what I thought was a "STOP ORDER" at my buy price of 192 as insurance. it turns out, there isn't a stop order option, and i must have unknowingly set a "limit order", and 3 hours later they sold my shares for 210.
I wanted to hold for gold!
What can I do now????? Any advice?
I've set a buy at 210 but i dont think we're going back that low