Stop loss and take profits at the same time

Ideas đź’ˇ
1

Guys

I am going to honest here and say that not being able to set both a stop loss and take profit for the same shares is really bad.

I know one user doesn’t make the platform but if I am feeling like this I think others are as well.

I don’t have time to stare at my investments all day, but sometimes I do like to make a speculative investment.

Doing so in freetrade is untenable. I wouldn’t want to come back from work and see that, for example, CCIV isn’t merging with Lucid Motors and has fallen 70%. Likewise, if the stock spiked to $100 from $59 I’d want to take profit.

I know that it’s not a daytrading app but this is a very basic feature and means that basic risk management is not possible in Freetrade.

2

Completely agree, would love this feature.

3

Agree, it would be useful to be able to set a stop loss and limit sale order for the same shares also.

Currently it isn’t possible to do both.

4

Subscribe to this. I am not into day trading but this feature would give so much peace of mind and will help me to take time off the screen checking on my holdings

5

Its an absolutely disgrace. Setting stop loss and take profit is such a basic function.

Freetrade has a lot of stocks which is a plus, but the unability to set these things makes it almost unusable as a platform.

6

I think you can now do this by setting two limit orders, one for buy and one for sell. I’ve tested it to the point of setting the amount but I don’t have enough credit at the moment to test it to the very last click.

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