Goodbody Online Trading

J.Finn · 15-09-2009 6:59pm #1

Hi folks. A few questions for anyone that's familiar with the online trading with Goodbody, since their customer service line is closed for today.

I have a Goodbody Online account. Bought some AIB shares a few months back. I'm looking to sell them now. But to be honest, the online thing is confusing me since this is the first time I'm actually using it and the help FAQ isn't making me 100% sure either.

I have 1263 shares and I want to set it to sell at €2.80 a share.

The main thing I'm not too sure about is the Limit amount. Do I put it in as the price per share (€2.80) or do I have to put the total amount of €3,536?

Also regarding the limit price, the FAQ says a good for the day policy applies. Does that mean this instruction will remain active until close of market tomorrow, or will it not let me input the order until trading begins tomorrow?

lucky-colm · 15-09-2009 7:23pm

not to sure about davy.
but it seems to me that you want to set up an order whereby when the shares hit €2.80 you want to sell .
if this is the case you enter the relevant share price ie. €2.80.
good for the day means that the order will last until close of business ie. 16.30 on the day that the order was set up.
there should be another option/box where you can click, this option is called good until cancelled or something similiar to that, this means that the order will remain active until the share price hits the price you entered.

and for goodness sake don't enter €3,536 as your sell price:D
at least i think this is right

by the way when you say you bought a few mths back what price did you buy for?

displaced dub · 15-09-2009 7:34pm

i have a davy online account and the limt is the price you want to sell at, i.e €2.80... i bought shares recently and i was asked for a limit price on my online davy account and i put in €2.50 and i got them at €2.45.

Hope this is of some use to you.

qvrb · 28-09-2009 11:25am

Checkout www.octagononline.ie for online share trading, but its u.s focussed. Its flat fee $12.95 for a trade

Bullish · 29-09-2009 10:01pm

Shop around I use firstrade $6.95 per trade.

qvrb · 30-09-2009 8:41am

octagononline is more expensive per trade (7 bucks), but checkout mytrack (the software they provide) vs the data you get from firstrade and the price differential pales into insignificance when you look at the total cost of the deal