Sell orders
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I'm relatively new to the platform (Feb 2020). Pre lockdown I simply used instant sell to offload and generate funds for investment. I am now trying to use sell order for obvious reasons but having no joy. For example, I have been trying to offload Bruno at 20p below current value so that I can reinvest in bundesliga players, however I've had no takers at this price?!? Does that mean other players are selling him lower than me? Am I way off the mark trying to sell at £9.50? Do I need to lower this by much do you think? Any advice would be appreciated!
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@NewUser24791
Sell order not in place now, so when you list to sell, you are entering a queue. You will sell when you get to the front of the queue and the price you set as a reserve has no influence on this.
All the reserve does is take you out of the queue if the price dips below what you set as a reserve.
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Oh I see, that makes sense that I'm not selling him then as keep cancelling and lowering the reserve value (putting myself to the back of the queue each time 🤦🏻♂️
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@MrWh1te much appreciated!
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@NewUser24791
Yes exactly.Not putting a reserve risks you selling him at a much lower price than you are happy with though.
What happens is, when you get to the front of the queue, you get whatever the price is at that time.
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@MrWh1te 👍🏻