Australian (ASX) Stock Market Forum

Buying shares on Commsec with a stop loss - Separate?

Joined
12 April 2012
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Hi everyone,

sorry for such a basic commsec related question but I couldnt find anything on the commsec site.

If I am purchasing shares on commsec and want to use a falling sell (Stop Loss), When I go to conditional offer and try to set it up, is this designed for shares you have already bought? If i select falling sell, it turns the order type into "sell" so I am assuming you have to buy the shares first, then go to conditional offer and set up the stop loss?

ie> this is a screenshot from the conditional orders page, you can't buy shares AND setup the stop loss on this page, do you have to buy the shares and then go to this page?
Conditional orders.jpg

I hope the above makes sense

Steve
 
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