Share Trading With Technical Analysis? You Really Need to Talk to Us About Order Placement
If you find your trading opportunities using charting and technical analysis but need a helping hand with entry and exit timing or stop loss placement, you need a Pro Trader adviser. Maybe you find your stocks using fundamentals but would like to optimise the timing of your purchase, we can help you.
Perhaps you are disappointed with the performance of automated conditional order systems, or just want to talk to an adviser who knows how to interpret a stock chart - talk to Pro Trader.
Pro Trader Securities Pty Ltd, AFSL Number 29 36 45, offers a specialist boutique advisory service specifically built with the technical trader in mind. They provide conditional order, buy and sell stops, to promote good risk management methods for traders. The service has grown from a demand by our members for trading services that provide stop loss orders, the professional way to trade. This service is also available to non-members and is a very reasonably priced option between the cheaper online discount brokers and the full-service brokers.
Pro Trader Securities can provide general advisory services on Australian equities, you find the stock we can advise you on how to interpret the chart to find the correct support and resistance levels and read the trend. The precise placement of your entry and stop loss can be crucial to the success or failure of a trade, we can help you fine tune your order placement.
Order Placement - Our trading desk will be manned every day from one hour prior to opening until the close of trading for telephone orders.
Free Call 1800 123 015
Orders can be transmitted via email at any time to: broking@protrader.com.au
Stop Loss Facility - As with any broker, stop loss orders will be accepted on a 'non-held' basis.
Transaction Costs - $60.50 (inc GST) per trade up to $10,000 and 0.75% (+GST) over $10,000.
Application Forms - To take advantage of this service, complete the client application form and forward the forms with your funds/CHESS details to:
Pro Trader Securities Pty Ltd
PO Box 756, Osborne Park
WA 6916
Form may also be faxed to (08) 9444 9705 Note: The only requirement to join or swap from another broker to Pro Trader / E*Trade is the completion of a very simple one page form. Transferring your existing shares is also a very easy procedure.
Stop Loss Definition and FAQs
Stop Loss Definition
A stop loss order is an instruction to your broker requesting your stock is to be sold 'At Market' once prices have traded at your stop loss price level. You have purchased a parcel of shares at $1.50. At the time of buying this stock you decide to preserve your capital and wish to sell if prices trade at or below $1.34. Some time later the market edges down and a trade takes place at $1.34. Immediately your broker will place the order to sell your stock 'At Market'. This sale may be transacted as $1.34 if there are sufficient buyers at the time, however it is more likely to be done at a lower price.
Do I have to place my stop loss each day?
No you can place a GTC ('Good Till Cancelled') stop loss.
How do I instigate a 'trailing stop' loss?
You need to phone/email and replace the order each time you wish to raise your stop.
Is there any cost for placing or changing any orders?
No.
Pro Trader Securities Pty Ltd
Ground Floor, 355 Scarborough Beach Rd
Osborne Park, WA 6017
AFSL Number 29 36 45
ABN 23 12 088 089
Click the following hyperlinks to download the application form and read the terms and conditions and financial services guides.
Pro Trader Client Application Form
Custodian/Margin Lending Application
Pro Trader Securities Financial Services Guide
