Hiya All,
I wonder if any of you can provide some ideas around the below.
I'm using the Tradefair platform and am holding an open Sell position on 'Range Resources Rolling Daily' which closed for trading at 9.00pm Friday. The position is currently in profit and of course I was late home so didn't close it before the market closed at 9.00pm![Roll eyes :rolleyes: :rolleyes:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Here's the issue, rumour abounds that Red Hot Penny Shares (RHPS) has tipped Range Resources (RRL) so first thing Monday we'll probably see a spike in the share price. Bad news for me as a) I have an open Sell spread bet and, b) it seems the RRL Rolling Daily opens at 2.30pm...
OK, that was about 5 questions :whistling
Thanks in advance,
Cy
RRL Forum where RHPS is being mentioned
http://www.iii.co.uk/investment/detail?display=discussion&code=cotn:RRL.L&it=le
I wonder if any of you can provide some ideas around the below.
I'm using the Tradefair platform and am holding an open Sell position on 'Range Resources Rolling Daily' which closed for trading at 9.00pm Friday. The position is currently in profit and of course I was late home so didn't close it before the market closed at 9.00pm
Here's the issue, rumour abounds that Red Hot Penny Shares (RHPS) has tipped Range Resources (RRL) so first thing Monday we'll probably see a spike in the share price. Bad news for me as a) I have an open Sell spread bet and, b) it seems the RRL Rolling Daily opens at 2.30pm...
- Question 1) Can anyone confirm that this (or any) of the markets on Tradefair only open at 2.30pm? This seems really odd.
- Question 2) Is it possible or sensible to place an Order for a Buy position to counter possible losses on the Sell position? Would this close the Sell position? If the market opens at 2.30pm would it even be placed in the morning to act as a counter?
OK, that was about 5 questions :whistling
Thanks in advance,
Cy
RRL Forum where RHPS is being mentioned
http://www.iii.co.uk/investment/detail?display=discussion&code=cotn:RRL.L&it=le
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