GME Short Squeeze and Limit Sell limitations

The limit is per transaction.

So, I could technically get all of the profit out, but it will just be a little longer than I thought? Thanks for the reply @lizmcp.

As I understand it, yes. You would just need to make several sells instead of just one.

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Right now it’s at ~$90. Markets are closed and I don’t want to place a basic order and it to get executed at say $130 when the market opens. Hope my question makes sense?

I also don’t want to miss if it opens at $100.

Plus has limit orders.

Either sign up to plus, or be on the app at 2:30pm with another app/website showing live pricing.

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Didn’t realise it was a plus-only feature but if you have a plus account then when you hit ā€˜buy’ you can change the order type from basic to ā€˜limit order’. Has to be within 6% of ā€˜latest price’ when buying and 200% of latest price when selling. I don’t know why those limits exist… I would like them to go away.

Where did you see 6% of the price when you’re buying? I’m not sure that’s correct.

Sadly FT doesn’t allow trading in pre market. I can trade on another platform from 9am UK time, so can take advantage of these moves

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Thank you.

$GME is plus only

That’s really odd - it doesn’t say that on mine!

Ah right - it doesn’t tell me that in the app unfortunately, as I’m already on plus and the plus sign gets removed!

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GME The Fallout
  • Largely out and sold at profit
  • Largely out and broke even
  • Largely out and lost money
  • Holding at profit
  • Holding even
  • Holding at loss

0 voters

With GME excitement simmering down I was interested to see how things ended for us… the common man

Did we one up on the suits or did we all lose money?

Or is it not over yet?

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If Elon does not say another word about GME, then it’s all over.

All looks like a big pump and dump given the number of people who have cashed out.

The whole point was to hold and the price can only go one way.

I’m holding - I’m still feeling positive that it’ll bounce as there are a tonne of shorts that still need to be covered.

Latest short interest was published yesterday and it’s still at 80% (which is absolutely nuts) - worth $3bn currently.

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Cashed out at 100% profit, after being 400% up at one point - lesson learnt, have a better exit plan and don’t be greedy. Still happy with my Ā£1,000 though :smiley:

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Agree. Holding. There are a lot of shorts that have to cover sometime, maybe not this month or next but they have to cover at some point

Yeh I saw 480 and held, felt terrible over those missed gains, then on the next spike I set stop losses all the way down. Lessons very much learnt, when all of WSB is memes, it’s time to cash out.