Limit Order

[#1]

Can someone please explain when selling a CFD at Limit Price, why did it sell far below the price stipulated?

[BC02]

with CFD's theres a spread built in of 0.2%, you dont sell @market you'll sell (at market -0.2% -costs)

[andre20]

Not true! Something else must've been wrong.

[#4]

My limit Price was R81.90 and it sold for R81.67. Must I add the 0.02% to my limit price before placing it?

[BC02]

stick to the price that you planned but just see it as a hidden cost
basically though just to add some detail: if you buy a share @ R 100 and sell that same share @ R 100, your profit calc is
Bought: 100.40
Sold: 99.80
Costs/Brokerage: R 114 (this changes on your size)

I.e. The 1st 0.5% of you trade goes to dear old Standard Bank

[BC02]

sorry thats R 100.20 (not R 100.40)

[SimonPB]

it is the price traded less 0.35% comm ..

[#8]

Thank you.