Feature Request: Stop Loss Orders for Fantasy Funds

Monday, Oct 15 2018 by

One of my favourite features on Stockopedia are the Fantasy Funds. It’s great to be able to track your own progress and those of others in near real-time. I have made a concerted effort this year to align my Fantasy Fund with my real life portfolio. The Fantasy Funds have the facility for Limit Orders but not Stop Loss Orders. In my real life portfolio, I have Stop Loss Orders in with my broker. Although I try and sell a position in the Fantasy Fund as soon as a stop loss has been triggered in my real life portfolio, it’s not always possible. Sadly, in the recent sell-off my Fantasy Fund got out of kilter with my real life portfolio. It would be greatly appreciated if a facility to place Stop Loss Orders were added to the Fantasy Funds.

Rick.

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As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.


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5 Posts on this Thread show/hide all

HumourMe 16th Oct '18 1 of 5

Isn't there a requirement to be 80% invested? Stop losses might create conflict with that, or at least cause funds to drop out of the tables.

BTW feature requests are centralised here http://ideas.stockopedia.com/forums/18977-stockopedia-pro-feedback

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ricky65 16th Oct '18 2 of 5

In reply to post #409074

Thanks for the link to the feature requests page.

The rules state that a Fantasy Fund must be at least 60% invested. I don't think there's a conflict with stop losses; just because a stop loss has been triggered doesn't necessary mean that this requirement will not be met, unless many stops are triggered at once.

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herbie47 16th Oct '18 3 of 5

But the Fantasy fund stop loss will maybe not align with your own portfolio. I've problems getting similar prices on my fantasy funds, there does seem to be a problem with prices, for some reason it won't buy the shares even if the price is trading below the target price, also same with selling. My FF is not aligned with my portfolio. The 20 minute delay does not help at all.

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ricky65 16th Oct '18 4 of 5

In reply to post #409279

herbie, I agree that it's sometimes difficult to align a Fantasy Fund with a real portfolio. You've got the 20 minute delay and also you can't buy within the spread as you can in real life. That's a particular disadvantage with small caps. I think those are fairly minor disadvantages though compared with the lack of Stop Loss Orders.

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herbie47 16th Oct '18 5 of 5
1

In reply to post #409389

I agree that as they have other buy and sell options that it makes sense to include stop losses, my only concern would be getting stopped out at unusual prices in thin trading, such as market opening and closing times.

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herbie47 16th Oct '18 5 of 5

In reply to post #409389

I agree that as they have other buy and sell options that it makes sense to include stop losses, my only concern would be getting stopped out at unusual prices in thin trading, such as market opening and closing times.

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