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I have set a " stop order" to buy my stocks at a preferred price. However, when I check my positions, I noticed that the "cost" price is different (slightly higher). Please advice! I set my stop order at $52.53 but my cost price in my positions is $52.58!
Am I using the wrong order type and how do I purchase at the exact price? Thank you š
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Chris
13 May 2021
Owner and Writer at Tortoisemoney.com
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Probably the commissions cost just factored into your shares? Say, if you bought 40 shares, USD1.99 in comms would average out to be around a 0.05 increase in average cost.
If you want your average cost to be a nice round number, just calculate in the comms beforehand. That's what I do to make my google spreadsheet nicer hehe