Buy-Low & Sell-High | Plan ahead to hold opportunities
2022-11-09 00:00uSMART

 

  • uSMART's "Buy-Low" and "Sell-High" functions from "SMART Order" can help investors automatically monitor the market, tracking the investment strategy intelligently to customize each step of the entry and exit conditions with higher profit goals.

 

Every investor yearns for buy-low and sell-high, but achieving this object is very difficult. To achieve Buy-Low, investors must have a detailed investment plan, with the value of a stock evaluation ability. And Sell-High must have the ability to gauge whether the company is currently overvalued. In short, it is not a simple matter.

In the face of a good company, we all want to buy it as cheaply as possible, but in reality, the price of a good company always goes up and never looks back. If there is a pullback correction, it usually gives investors the perfect opportunity to step in and buy a good company.

If you have a certain idea about the market and want to execute the strategy of buy-low and sell-high in short term, use the smart orders provided by uSMART to set conditional orders in advance. Then the system will automatically monitor the market and help you achieve your trading strategy easily.

 

Buy-Low

 

1. Definition

Investors can set a specific falling price or percentage and the system will place an order automatically after the condition is reached. “Buy-Low” order is usually set to buy a stock at a lower price when investors are optimistic about a stock.

When setting the input price, investors can choose bid(1) price, limit price, last price, market price and ask(1) price.

 

2. Example

Take Tesla (TSLA.US) as an example. The current price of Tesla is USD 215.000. If investors think the stock has upside potential and hope to buy it at a lower price. Investors analyze that the most appropriate low price to buy the stock is the support level of USD 205.000. At this time, investors can preset a conditional buy order of 100 shares of Tesla at a price of USD 205.000 through uSMART [SMART Order - Buy-Low] , which will be triggered when the stock price falls to the trigger price of USD 205.000.

Once the share price of Tesla falls to USD 205.000 or below, the system will automatically fill a buy order of 100 shares of Tesla at a price of USD 205.000.

 

Sell-High

 

1. Definition

Investors set a specific rising price or percentage and the system will place an order automatically after the condition is reached. It is usually set to lock in profits when the stock is held and the price goes up.

When setting the input price, investors can choose bid(1) price, limit price, last price, market price and ask(1) price.

 

2. Example

Take Tesla (TSLA.US) as an example. The current price of Tesla is USD 215.000. If investors believe that the stock holdings have upside potential and hope to lock in profits after reaching a certain increase. Investors analyze that the most appropriate high price to sell the stock is the resistance level of USD 310.000. At this time, investors can preset a conditional sell order of 100 shares of Tesla at USD 310.000 through uSMART [SMART Order - Sell-High] , which will be triggered when the stock price rises to the trigger price of USD 310.000.

Once the share price of Tesla rises to USD 310.000 or above, the system will automatically fill a sell order of 100 shares of Tesla at USD 310.000.

 

For more information on the Smart Order strategies, please click here.

 

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