sl75
Posts: 2,092 
Likes: 1,245
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Post by sl75 on Sept 7, 2015 19:09:51 GMT
It's not night and day different, instead of setting a target and leaving it you create buy and sell orders. These deal in absolute amounts only (so buy £100 which if you already had £2,000 would take your investment up to £2,100) and have a few more controls but if you stick with the defaults and adjust for it being a discrete instruction rather than being an adjustment to your holding then it's similar enough. So, when I'm happy with (say) £100 exposure on a particular loan, and want the system to automatically attempt to buy back up to £100 whenever the borrower makes a capital repayment, the site is just about to get a whole lot more complicated, as every time a capital repayment is made, I need to notice this and set a new buy order? Or did I misunderstand?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,905
Likes: 11,127
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Post by ilmoro on Sept 7, 2015 19:21:07 GMT
It's not night and day different, instead of setting a target and leaving it you create buy and sell orders. These deal in absolute amounts only (so buy £100 which if you already had £2,000 would take your investment up to £2,100) and have a few more controls but if you stick with the defaults and adjust for it being a discrete instruction rather than being an adjustment to your holding then it's similar enough. So, when I'm happy with (say) £100 exposure on a particular loan, and want the system to automatically attempt to buy back up to £100 whenever the borrower makes a capital repayment, the site is just about to get a whole lot more complicated, as every time a capital repayment is made, I need to notice this and set a new buy order? Or did I misunderstand? Or less complicated as I dont have to remember to disable the manual invest on amortising loans which Im happy to let amortise 
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Post by chris on Sept 7, 2015 19:40:24 GMT
It's not night and day different, instead of setting a target and leaving it you create buy and sell orders. These deal in absolute amounts only (so buy £100 which if you already had £2,000 would take your investment up to £2,100) and have a few more controls but if you stick with the defaults and adjust for it being a discrete instruction rather than being an adjustment to your holding then it's similar enough. So, when I'm happy with (say) £100 exposure on a particular loan, and want the system to automatically attempt to buy back up to £100 whenever the borrower makes a capital repayment, the site is just about to get a whole lot more complicated, as every time a capital repayment is made, I need to notice this and set a new buy order? Or did I misunderstand? Yes, that scenario will become more complicated but the reverse scenario is the one we've been badgered about more and that gets a lot easier. I think I can also extend the buy orders to support your scenario in the future so we have greater flexibility this way.
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