Hi,
I use PRT together with IG as a broker and will be buying and closing positions using alerts with an associated trigger. Now sometimes I will buy multiple positions for different purposes (e.g one positions for long term investments and one for swingtrading) and I was wondering how to make sure that the “right” position closes when I associate a sell order with the alert?
Lets say I already have 1000 shares of stock XX that I intend to keep for another few months. I now open another position with 500 shares of the same stock that I intend to keep for only a few days. I can see in my portfolio that both the positions are seperated from eachother so so far so good. Now how can I make sure that when I after a few days put an alert with an associated sell order of 500 shares that it sells only the position that I bought recently? Would it know what position to sell because the number of shares that I specified are the same? Would it for example sell my longer term investment of 1000 shares if I would have associated an trigger to the alert to sell 1000 shares?
Regards