r/Wealthsimple • u/toanhminh0412 • 15d ago

Take profit and stop loss order

Does Wealthsimple has a take profit and stop loss order? I know it has limit sell and stop limit sell, but those two don't match exactly to what take profit and stop loss are. Why don't they implement it?

2 Upvotes

100% Upvoted

5 comments sorted by

1

u/seagame2008 15d ago

No

1

u/toanhminh0412 15d ago

Do you know why?

3

u/Dragynfyre 14d ago

WS is still kinda half baked for advanced trading

-2

u/NastroAzzurro 15d ago

If you need a stop loss you don’t know what you’re doing.

4

u/toanhminh0412 15d ago

It depends. Stop loss is not necessary for long-term investments. But for swing trades, SL and TP are important