Which Brokerage/Security has stop-loss feature?

Dear Gurus,

Good evening/morning,
Like to find out which brokerage or security has stop-loss feature in their shares trading platform?

Understand that "Lim & Tan" currently do not have it.

Any advice would be much appreciated.

Cheers
f2o

City Bank Brokerage has "stop loss" trade.

But i try to open an account there 3 times without success. Even after i carefully comply to their rules & regulations. It seems City Bank not so "interested" in me as i had demanded once they returned my FD immediately after 12-month term was up. (i think i have been black-marked because of this incident).
Citi Bank claimed when i signed the 12-month term FD document, i should have read the fine print. It stated clearly i had to give them 1 month notice after FD matured as fund is tied to credit card issued. (Of Course document didn't said so clearly about credit card's issue). i said you could check my credit card record now why take 1 more month after 12 - month term FD was up. i told them i would check with MAS about their FINE PRINT imposed on me for this 12-month term FD. So the Bank asked for a few hours or a day (i couldn't remember now). They would use a courier service to deliver a check to me at my door-step. Which they did. Credit to them here.
Case closed.
But i think i kena black-marked by their computer system software as
"un-welcome alien, lol in my own country. No?

(26-05-2013, 02:06 AM)f2o Wrote: Dear Gurus,

Good evening/morning,
Like to find out which brokerage or security has stop-loss feature in their shares trading platform?

Understand that "Lim & Tan" currently do not have it.

Any advice would be much appreciated.

Cheers
f2o

I dont think it is a good idea to have this stop-loss feature if you are a true value investor.

Let's say as a result of your hard work and scuttleboat, you have determined that company A is valued at a minimum of 50 cents, as a result of the pessimistic market, you manage to buy it at 30 cents. Then you go set a stop-loss at 25 cents and because markets fluctuate, you sell at 25 cents... isnt this silly... you sell when your margin of safety gets bigger?

if you are a trader, you may dismiss what i say

(26-05-2013, 10:25 AM)safetyfirst Wrote:

(26-05-2013, 02:06 AM)f2o Wrote: Dear Gurus,

Good evening/morning,
Like to find out which brokerage or security has stop-loss feature in their shares trading platform?

Understand that "Lim & Tan" currently do not have it.

Any advice would be much appreciated.

Cheers
f2o

I dont think it is a good idea to have this stop-loss feature if you are a true value investor.

Let's say as a result of your hard work and scuttleboat, you have determined that company A is valued at a minimum of 50 cents, as a result of the pessimistic market, you manage to buy it at 30 cents. Then you go set a stop-loss at 25 cents and because markets fluctuate, you sell at 25 cents... isnt this silly... you sell when your margin of safety gets bigger?

if you are a trader, you may dismiss what i say

Stop loss price setting is good for rising market where you try to sell at the highest price possible for your "over-value" stocks. Anyway, i usually place limit orders for B/S. It's very, very rare for me to place market order. Only when i am become a "desperado", i did. Never say never in money matters.

(26-05-2013, 10:40 AM)Temperament Wrote:

(26-05-2013, 10:25 AM)safetyfirst Wrote:

(26-05-2013, 02:06 AM)f2o Wrote: Dear Gurus,

Good evening/morning,
Like to find out which brokerage or security has stop-loss feature in their shares trading platform?

Understand that "Lim & Tan" currently do not have it.

Any advice would be much appreciated.

Cheers
f2o

I dont think it is a good idea to have this stop-loss feature if you are a true value investor.

Let's say as a result of your hard work and scuttleboat, you have determined that company A is valued at a minimum of 50 cents, as a result of the pessimistic market, you manage to buy it at 30 cents. Then you go set a stop-loss at 25 cents and because markets fluctuate, you sell at 25 cents... isnt this silly... you sell when your margin of safety gets bigger?

if you are a trader, you may dismiss what i say

Stop loss price setting is good for rising market where you try to sell at the highest price possible for your "over-value" stocks. Anyway, i usually place limit orders for B/S. It's very, very rare for me to place market order. Only when i am become a "desperado", i did. Never say never in money matters.

Hi Safetyfirst, Temperament,

Thank you for the advice.
The reason is because I feel that my stock has reached above my value. But I still do not want to release it. (sentimental and I am also emotional) I also could not find a better stock. Thus I wanted it to continue to raise if possible.

Thus I was thinking of putting a stop-loss to prevent any drop since it had reached my value/target.

Found out that Poems has a Protrader club but need to pay $80 for 3 months.

Do not want to waste this money.

Cheers
Be Healthy and Wealthy

(26-05-2013, 11:31 AM)f2o Wrote:

(26-05-2013, 10:40 AM)Temperament Wrote:

(26-05-2013, 10:25 AM)safetyfirst Wrote:

(26-05-2013, 02:06 AM)f2o Wrote: Dear Gurus,

Good evening/morning,
Like to find out which brokerage or security has stop-loss feature in their shares trading platform?

Understand that "Lim & Tan" currently do not have it.

Any advice would be much appreciated.

Cheers
f2o

I dont think it is a good idea to have this stop-loss feature if you are a true value investor.

Let's say as a result of your hard work and scuttleboat, you have determined that company A is valued at a minimum of 50 cents, as a result of the pessimistic market, you manage to buy it at 30 cents. Then you go set a stop-loss at 25 cents and because markets fluctuate, you sell at 25 cents... isnt this silly... you sell when your margin of safety gets bigger?

if you are a trader, you may dismiss what i say

Stop loss price setting is good for rising market where you try to sell at the highest price possible for your "over-value" stocks. Anyway, i usually place limit orders for B/S. It's very, very rare for me to place market order. Only when i am become a "desperado", i did. Never say never in money matters.

Hi Safetyfirst, Temperament,

Thank you for the advice.
The reason is because I feel that my stock has reached above my value. But I still do not want to release it. (sentimental and I am also emotional) I also could not find a better stock. Thus I wanted it to continue to raise if possible.

Thus I was thinking of putting a stop-loss to prevent any drop since it had reached my value/target.

Found out that Poems has a Protrader club but need to pay $80 for 3 months.

Do not want to waste this money.

Cheers
Be Healthy and Wealthy

CHEERS!
BE HEALTHY & WEALTHY.
Try Citi Bank and share with us will you?
i may want to try again after your feedback.
Thanks.

standchart

(26-05-2013, 12:16 PM)chialc Wrote: standchart

But Standchart is a custody account. i never like. i only believe in CDP. That's one of the reason i do not invest in ASX or HK. EX.

(26-05-2013, 12:37 PM)Temperament Wrote:

(26-05-2013, 12:16 PM)chialc Wrote: standchart

But Standchart is a custody account. i never like. i only believe in CDP. That's one of the reason i do not invest in ASX or HK. EX.

Hi Temperament, Chialc,

Thank you for the great advice
Will try out both Citibank and maybe Standard Chartered.

Thus this is the "Brokerage/Security with Stop-loss feature" consolidation so far:

Poems using Protrader ($80 for 3 months)
Citibank
Standard Chartered (custodian is Stand Chart, not CDP)

Cheers
f2o
Be Healthy and Wealthy

Brokers that do automatic Stop loss on SGX

Hi, I am looking for ways to automatic stop loss on SGX direct market access. (Not market maker) Eg. Shares are now $2.2. I want to automatic cut loss when shares go to $2, without me calling my broker or going to computer, how do I do that?

[Image: stop-loss-order.gif]