Interactive Investor home page [Logo]

Knowledge Base

Welcome to our knowledge base. To find what you're after, use the search box below or choose a category to view listed questions.

Search the Knowledgebase

Browse by Category

Advanced Search
What is Target Setting?
Would you like to...
Print this page
Email this page
Post a comment
User Opinions
50% thumbs up 50% thumbs down (2 votes)
How would you rate this answer?
Helpful
Not helpful
Use Target Setting to maximise profit when share prices rise and protect against losses when they fall. This TradePlan is a combination of a limit order to sell at a higher price than the current price and a stop loss order to sell at a price lower than the current price. For example, if the current sell price for your shares was 450p you could set a TradePlan to sell your shares at a limit price of 455p and a stop loss order at 447p. If the price began to rise, your TradePlan would execute at 455p, but if it began to fall your stop loss would protect you by selling your shares at 447p.
Visitor Comments
No visitor comments posted. Post a comment
Related Questions
No related questions were found.
Attachments
No attachments were found.