Please up-vote, up-vote, up-vote!!!
Please add the ability to sell a stock based on the purchase rate/individual position… (see “Specific-Shares Method” link in references below, this is not made up)
Also, add the % stat to each purchase shown on the stock screen. At the moment you only show a combined average but I want to be able to sell off the bad purchases (bad positions) when they go Bullish and keep those I bought at a better price (purchased in a bear market) that will be earning a higher %.
I haven’t sold much yet but the sell screen only asks how many I want to sell, not which ones I want to sell. Surely this is broken!!!
share 1 - 4 shares - +5% gain/loss
share 2 - 4 shares - -1% gain/loss
share 3 - 4 shares - +4% gain/loss
My average gain/loss for this stock is +2.66%
Say I am re-assessing my portfolio OR I see another stock opportunity appear that I want to buy immediately. I don’t have any spare funds to top up my account, and it would take a couple of hours to process a top-up anyway (just a couple of examples but there can be many reasons). I want to sell my weakest position in this particular stock to free up some funds and improve my portfolio at the same time.
share 1 - 4 shares - +5%
share 2 - 4 shares - -1% …SOLD at a 1% loss
share 3 - 4 shares - +4%
In this example my new average is now +4.5% imediatly incresing the stats in both this stock and my overall portfolio
I can now use the, let’s say £10 I sold share 2 for on the new stock opportunity I found and want to buy into. Alternatively, I could keep that £10 aside until #AA89 bears even lower and open a new position there.
Ultimately, I have £10 back in my account to do with as I please and my portfolio, or at least the average on this particular stock has increased by 1.84% instantly.
I do not know the specific laws around this but I know this is available on other platforms and you can specify these requests if you were to buy directly through a broker, possibly this is only for US?
Let technology move us forward, be innovative and prosper. I’m sure if Freetrade was the first to realize this in the UK their customer base would BOOM.
"Specific-Share Method: Specific-Shares Method
This is available on other platforms like Fidelity (skip to @5:06):
reddit question: How does this work? Selling stocks at different prices…