Features & Benefits
- Conditional Orders provide you with controlled entry and exit strategies for a particular security. You can identify specific securities and instruct us to place these on the market to purchase or sell when the price reaches a pre-determined level. As you can see, this goes far beyond simple alerts by implementing a pre-arranged strategy without the need for you to contact us further.
- One of the biggest benefits of conditional orders is that it allows you to make sensible, considered decisions before you feel the pressure of a volatile market. It allows you to carry on with everyday life without having to constantly monitor the market.
- You decide which particular security you wish to buy or sell and set an acceptable threshold from the current trading price. CommSec will then monitor the market on your behalf and input your order when your pre-determined trigger price has been met.
There are four types of Conditional Orders that you can use depending on your strategy: Falling Sell, Rising Buy, Falling Buy & Rising Sell. This suite of conditional order strategies can be used to pre-define your entry and exit points for a given security. This is particularly significant to investors with short-term and long-term investment horizons, especially those that use technical analysis to supplement their investment decisions.
The information on this site has been prepared without taking account of the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on the information on this site, consider the appropriateness of the information, having regards to the individual's objectives, financial situation and needs, and, if necessary, seek appropriate professional advice.