Stop loss and take profits at the same time


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.

Completely agree, would love this feature.

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.

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

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.

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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