shimself
Member of DD Central
Posts: 2,563 
Likes: 1,171
|
Post by shimself on Dec 1, 2020 15:57:36 GMT
trying to keep just £1 in a loan, so as to be able to follow any updates So lets say I have £1000. I offer to sell £999 But the next thing I know somehow I have say 900 left but I am trying to sell 901 ie if it sells I won't have my £1 left.
Any ideas how why, and is there a way?
|
|
warn
Member of DD Central
Curmudgeon
Posts: 637
Likes: 658
|
Post by warn on Dec 1, 2020 18:04:05 GMT
How if you sell £998 instead? That would guarantee >= £1 left. Or is that too untidy?
|
|
|
|
Post by Ton ⓉⓞⓃ on Dec 2, 2020 0:39:36 GMT
trying to keep just £1 in a loan, so as to be able to follow any updates So lets say I have £1000. I offer to sell £999 But the next thing I know somehow I have say 900 left but I am trying to sell 901 ie if it sells I won't have my £1 left.
Any ideas how why, and is there a way?
Are you offering at a discount then?
|
|
dave2
Member of DD Central
Posts: 177
Likes: 163
|
Post by dave2 on Dec 2, 2020 1:13:19 GMT
How if you sell £998 instead? That would guarantee >= £1 left. Or is that too untidy? Perhaps 999 is his lucky number. He could buy £1 to take his position to £1,001, sell £999 and see how that works out. 
|
|
|
|
Post by lynnanthony on Dec 3, 2020 14:47:45 GMT
Sell it in stages. Sell 500, see what you have left. Sell another 400, see what you have left, and so on.
I've noticed a similar thing when buying, trying to hit an exact round number and it often overshoots.
|
|
shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
|
Post by shimself on Dec 5, 2020 15:51:32 GMT
How if you sell £998 instead? That would guarantee >= £1 left. Or is that too untidy? Perhaps 999 is his lucky number. He could buy £1 to take his position to £1,001, sell £999 and see how that works out. It's all sorts of amounts, the 999/1000 was just an example. The point was to keep enough in the loan to be able to see updates etc
|
|
dead-money
Rocket to the Moon
Posts: 746
Likes: 654
|
Post by dead-money on Dec 5, 2020 15:54:33 GMT
Perhaps 999 is his lucky number. He could buy £1 to take his position to £1,001, sell £999 and see how that works out. It's all sorts of amounts, the 999/1000 was just an example. The point was to keep enough in the loan to be able to see updates etc Why not just exit completely and cease to worry about it?
|
|
shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
|
Post by shimself on Dec 7, 2020 16:57:42 GMT
It's all sorts of amounts, the 999/1000 was just an example. The point was to keep enough in the loan to be able to see updates etc Why not just exit completely and cease to worry about it? Sometimes to see if my intuition was correct, otherwise because I might want to come back in
|
|
dave2
Member of DD Central
Posts: 177
Likes: 163
|
Post by dave2 on Dec 7, 2020 19:44:07 GMT
If you manage to reduce your holding of a loan to exactly one pound. After the next principal payment you might well be a few pence short of a quid.  |
|
