*scam

Just got this link about an item for sale:

Saw dewalt DHS790 battery and current | OfferUp

The address is offerup.orders-105934.com which does not seem legit, but sometimes big companies use sub-domains for making their site work, so I'm not certain.

It's asking me to enter payment information to get paid, which also seems scammy.

I got the following email today:

From: The Google Workspace Team <workspace@google.com>
Date: Sun, Aug 9, 2026 at 07:00
Subject: Your Google Workspace billing information was received
To: <(My Email)@gmail.com>

Thanks for providing your billing info
You won’t be charged until your free trial ends.
View your billing info
Hi there,
Thank you for adding your billing information for your Google Workspace subscription.
Here’s a summary of your Google Workspace account:
Domain:
stablannua.auctiontwin.my.id
Trial ends:
August 23, 2026
First billing date:
September 1, 2026
To view your billing information, sign in to your Google Admin Console and click Billing.
View your billing info
See you online,
The Google Workspace Team
Finish setup
Admin help
Billing and payments

Everything in the email seems legit. It's a typical email from Google. There are links for getting started with setup using https://c.gle/.

The only issue is, I was asleep at the time. I don't know anything about Goole Workspace.

2 minutes later, I get this:

From: Google <no-reply@accounts.google.com>
Date: Sun, Aug 9, 2026 at 07:02
Subject: Security alert for waino_spi@stablannua.auctiontwin.my.id
To: <(My Email)@gmail.com>

This is a copy of a security alert sent to waino_spi@stablannua.auctiontwin.my.id. (My Email)@gmail.com is the recovery email for this account. If you don't recognize this account, remove it.
2-Step Verification turned on waino_spi@stablannua.auctiontwin.my.id
Your Google Account waino_spi@stablannua.auctiontwin.my.id is now protected with 2-Step Verification. When you sign in on a new or untrusted device, you’ll need your second factor to verify your identity.
Don't get locked out! You can add a backup phone or get backup codes to use when you don’t have your second factor with you. You can review your 2SV settings to make changes.

4 minutes later, I get this:

From: The Google Workspace Team <workspace-noreply@google.com>
Date: Sun, Aug 9, 2026 at 07:06
Subject: Welcome to Google Workspace
To: <waino_spi@stablannua.auctiontwin.my.id>
CC: <(My Email)@gmail.com>

Set up Gmail to receive emails

To start receiving emails in Gmail, you need to complete Gmail setup. It only takes a few minutes.

Get Started

And it goes on for 2 pages.Again, a typical email from Google with welcome info.

I've checked my Google account history and can't see anything strange. No record of this at all. No strange sessions that I don't recognize.

What is this? How is this possible? Will I be charged anything in 3 weeks?

I tried logging into Google with waino_spi@stablannua.auctiontwin.my.id but it's asking for 2 step verification, which I don't have.

PC Optimum "Supervisors" (level 2 phone support) can only call you after escalation from a 1st-line agent. You can't call them directly.

So 48 hours or so after a first-line agent escalates, you'll get a call from a supervisor. At this point, the supervisor (who called you using your profile's registered number) asks to do a full verification (name, email, card number, and sometimes even PC Mastercard last 4 digits).

This makes no sense. This is what a scammer would do to gain access to all your details!

I have pushed back on this, telling them that they called ME and I should do the verification of them instead, but they insist that this is their process, and there's nothing they can do.

I had a supervisor today tell me that "you can see I'm calling from the PC Optimum phone number" and when I explained what phone number spoofing was, she claimed this was impossible 🤦

Their only solution is that I should hang up and call the support phone number. Sure, that's fine from a security standpoint, but then I speak to level 1 again, not a supervisor. "Yes, that's true" is their usual response. That's not a solution at all.

Basically they need to update their security practices to offer a way to validate themselves OR they need a way for customers to call them and get a supervisor on the phone.

/rant

This is embarrassing. I'm normally the person reading these posts and thinking "how could anyone fall for that!?" I'm middle-aged, well educated and work with IT Security for a living. Well, pride comes before the fall, I guess.

-

Yesterday afternoon I got a call from "Jonathan" from 855-585-2672 from the "PC Financial Fraud Department". My alarm bells went off, and I was very careful with sharing any information.

Jonathan asked me to confirm that he was speaking to <full name>. I only answered "yes".

Jonathan said that there had been an attempt to use my card at "Courtyard Hotel in New York", but that the attempt had been caught and stopped. He asked me if I was currently travelling and I said no. No to worry - no money had been lost, and the transaction had not gone through.

I asked Jonathan to verify that he was who he said he was - that I was understandably sceptical. "No problem" he said. He then read off my full card number (all 16 digits), my full name, and my full address. He obviously had my phone number as well. He didn't ask me for any personal info at all.

Jonathan was well-spoken, calm, not pushy at all. Slight African accent. Nothing suspicious at all.

As the conversation continued, he explained that he had now blocked my card, and a new card would have to be sent by post. Until it arrived, I could not use my old card. He asked me to confirm my current card's credit limit, and, still suspicious, I told him an amount that was $1000 off from the real value. After 17 minutes, the call was unexpectedly dropped.

Jonathan called back within 5 minutes but from a different number (672-885-0058). He said he was not able to get through from the first number, and asked if I was having issues with my mobile service. Again, the conversation was calm and not pushy. He didn't ask for anything. No personal info. No 2FA codes. No support codes. Nothing.

After 5 minutes, this call dropped as well. I noticed I only had 2 bars on my phone so I thought that was probably the reason.

-

When Jonathan didn't call back, I called PC Financial's Fraud Department myself from the number on the back of my card. Now here is where things get strange. I waited 1 full hour to speak to someone, and in that time, I noticed that Jonathan first called from a number belonging to WealthSimple, not PC.

When I finally got through, "Richard" from PC confirmed that my card was blocked. However, he couldn't see any record of any "Jonathan" having blocked my card. He couldn't see any record of any call with "Jonathan" at all. He could however see 3 attempted transactions to "Courtyard.IO" (a scammy online marketplace). All 3 attempts were blocked automatically by PC.

The interesting thing is that the attempts happened during the call with Jonathan! More alarm bells. The 3 attempted transactions added up to an amount quite close to my limit.

Richard asked if Jonathan had asked me to read back any codes, 4 or 6 digits, but I said he had not. He asked me if I had shared any personal details with Jonathan, but again I said I had not (other than my credit limit). He had already known everything in advance.

So I'm safe, my money is safe, but I'm left very confused. If Jonathan already had my card details, why did he call me at all? Why didn't he just go shopping until the card was maxed? If he needed any codes to complete a transaction, why didn't he ask me for them during our phone calls? Why did he spoof a WS number, rather than PC?

And of course, I'm left wondering where he got my card details, name and address.

By coincidence (??), just 24 hours earlier, I had requested and was approved for a card upgrade from PC Financial. My new card is still on the way. I have no idea if this is related at all.

Here are our 2 custom rules that we play with at home:

1. Lucky Roller

If you roll a number where you have a town or city, you get double the resources. We find it makes your own roll more exciting, and of course makes the game progress faster.

2. Destroy

For the cost of a road, town or city, remove some else's road, town or city anywhere on the board. This one has been a game changer (haha) as we really enjoy ganging up on the person who is getting too far ahead. It does make games take longer.

In 2024 I got a PC Financial Insiders World Elite Mastercard. I also requested an additional card for my wife.

Each time I use the card, I earn 4% in Optimum points in PC-branded stores like Loblaws, as well as occasionally earning extra points for special offers/deals in those stores. I earn 1% for all other spending. Everything seems to be working as it should.

However, as of 10 days ago, we discovered that my wife's card, the additional card, does not earn any points for her Mastercard spending (not 4%, not 1%, nothing). She does earn points when swiping the same card in PC-branded stores if the things she is buying qualify as special offers. So it's just the dollar spending points that are not working.

All of our points are joined as a household. When we each log in to our separate PC Optimum accounts, we see the same total of points.

I called support, opened a case 10 days ago. Still no resolution. However, one agent I spoke to today mentioned that he has "dealt with this issue many times".

PSA: If you have an additional PC Mastercard, check that you're getting the points for spending money in stores from both cards!

I take my kids to swimming lessons at Artillery Park each weekend. I've noticed that about half of the kids are not showering, and their parents are clearly not trying to push it. I also see alot of grownups skipping showers.

Ewwww! 🤮

This was not a thing when I was growing up. This was not a thing where I lived before I moved to Kingston.

In what world is this OK? And why aren't the lifeguards doing/saying anything about this? It's obvious when someone comes into the pool area completely dry. Just tell them to go back to the showers. Especially now with the cryptosporidiosis outbreak. 💩

Yes, I've said things a few times, but with limited success. People suck.

I mean, maybe my expectations and trust in humanity should have been destroyed by Covid, but still. Come on Kingston - be better!

My (47m) aging parents (80f/82m) are looking for the most tax-efficient way to transfer some money to their 3 grandchildren (6, 8, 8). The transfers could begin prior to my parents' deaths, but the focus is on inheritance. The amount is in the high 6-figure range per child (yay boomers). I'd like the money invested until they are at least 18. Ideally with some release control after that, but that's not a hard criteria.

I already maximize their RESPs each year from my own income. I also maximize my own RRSP and TFSA accounts.

What are our options here?

I have read about ITF accounts but the more I read, the more complicated they sound in terms of reporting. It also sounds like many institutions have moved completely away from this type of account. Neither of my parents are in great health, and it's very likely they will pass before my youngest is 18.

If I simply open new non-reg accounts in my name, I'll pay 10+ years of capital gains when I eventually transfer the accounts to them. And what if I die before they all turn 18?

Does anyone have any other suggestions?

Hi, I'm looking for Canadian market equivalents for any/all of the following:

$SPXL / $SPXS (S&P500 bull/bear with 3x leverage)

$UPRO / $SPXU (S&P500 bull/bear with 3x leverage)

$SDS (S&P500 bear with 2x leverage)

$SPDN (S&P500 bear with 1x leverage)

Are there any Canadian market stocks that I can use? Currently I use mostly $ZSP which is just a 1x bull tracker.

Thank you.

A little over a year ago, our family of 5 moved to Ontario from a Scandinavian country. We did not come with the traditional “start a new life” sense, since it was "just" an internal work transfer. We told ourselves we’d likely stay a few years and then go back, so tried to keep expectations realistic while also being curious about what a “Canadian life” would actually feel like day-to-day.

We live in a suburb in the GTA in a detached home. Kids are in public school. Language was not that much of an issue since English proficiency was fairly high already. We have done some exploring in Ontario, but not into other provinces.

This weekend we were reflecting on some of the small things that have have struck us so far (both good and… very Canadian). Here they are point by point:

1. Access to a family doctor

Getting a family doctor took 13 months vs a few days in our home country when moving internally. That part was stressful, and the walk-in clinic experience was honestly frustrating - mostly the waiting times, but also the whole “new doctor every visit” thing which makes it feel more like an emergency room in a hospital. Now that we have a consistent doctor, she seems competent and it feels like things finally stabilized.

2. People use much more cash

Cash is everywhere. In stores, for smaller purchases, when privatly buying/selling used items, it’s normal for some people to just use cash. Cheques also exist, which we had not seen in our 48/49 years on Earth before here. Banking is, in general, at least 20 years behind what we were used to. Sending larger amounts between people or between banks or between countries is much harder+slower than in Europe.

3. Pharmacies

On the healthcare topic again: why does our doctor need to know which pharmacy we're going to buy medication from? Not just “Shoppers,” but like “Shoppers on King Street.” It makes me wonder why there isn’t a more universal digital system that pharmacies can plug into regardless of location and brand.

4. So many digital logins (and they’re all different)

Every service seems to have its own login ecosystem: Service Ontario, the CRA, banks, utilities, you name it. The security levels vary too (PIN, 2FA, SMS codes), so it’s basically a whole hobby learning which method each place uses. In our home country it was one unified login/identity approach, which made digital life feel smoother.

5. Shockingly high prevalence of overweight people

Healthcare again. This one surprised us. We’ve been in the US before, so wasn’t totally unprepared, but we didn’t realize it was this visible in Ontario. It's an adjustment in what you notice every day.

6. People are friendly

Many/most people here are genuinely friendly. Yes, it's small talk, but it still works better than silence and indifference. Strangers stop to chat, neighbours go beyond “hello,” and even on public transit people will start conversations. We’ve probably spoken more with our new neighbours in 14 months than with our old ones in 14 years, which is both charming and a little overwhelming at first. Our kids have made friends quickly in school, and it took very little time for them to be accepted.

7. More reliance on paper

There’s a surprising amount of paper. Our furnace has inspection stickers dating back to 2012, which feels like the building equivalent of a paper trail. Healthcare has elements like the doctor filling in a paper form that we have to carry to a blood test. Very little is fully digital end-to-end.

8. Taxes are way more complicated

Yearly taxes here feel significantly more complex. There are multiple software options, plus professionals you can pay, and there are so many deductions and questions to work through carefully. Back home, it was mostly automated with only edge cases requiring our input (approve the prefilled forms and pay). Here, we're doing all the work manually.

9. Winter is cold, but the system seems to handle it

The winter was colder than we were used to but we expected that part. Honestly, it wasn’t as bad as we feared, and the overall infrastructure seemed capable. Snowplovs were prompt and effective, and the spring vibe felt like “hibernate mode off” for everyone coming out again. Plenty of things to do in Winter made it go by quickly, and we enjoyed the snow and brightness.

10. City services feel solid enough despite lower taxes

We were positively impressed with city services running fine and consistently. There are people in reflective vests fixing potholes, raking gravel from the snowplov routes, and the phone services we’ve used has been friendly and relatively competent. It gives a “this is maintained” kind of feeling.

11. Some disappointing anti-immigrant sentiment

There’s definitely a percentage of people who are anti-immigrant - probably similar to what you may find in other places too, but many are more open about it here. It's more trashy then we expected. The confusing part at first was that, maybe because we’re white, some people don't initially treat us like immigrants, and others seemed to assume we’re the “right” kind. What bothered us most is that some people seemed comfortable sharing their racist views with us, like they assumed we’d agree. Hard to hear, especially in a country that talks so proudly about immigration.

12. The constant “this city is on indigenous land” acknowledgements

“We recognize that our city is located on land traditionally populated by the xxx peoples…” is something we had to get used to. We understand why it’s said, but still feel unsure about what we’re supposed to do with the information, or how long it should keep being said in its current form. It’s not something we dismiss. It’s more like it takes getting used to.

13. So much imperial measurement

Imperial is everywhere, and it’s annoying for us that didn't grow up with it at all. Even younger people often default to feet/inches or pounds in everyday conversation. We keep catching ourselves bringing out a phone to convert. Canada is in theory and officially supposed to be a metric country, so this feels more like stubbornness.

14. Immigration milestones

The path to PR feels relatively quick at least compared to how long it takes in our home country. Citizenship takes about 4–5 years here, which is still shorter than back home. The timeline feels “front-loaded” for stability, and then a longer wait for the final step. Makes sense for a country of immigrants.

11. Way more homelessness than we expected

This was one of the bigger surprises. Compared to what we were used to (and honestly what we thought “Canada” would look like in practice), there seems to be a noticeably larger presence of homelessness and open drug use in everyday life. It’s sad, and also hard to tell from the outside what’s being done to address it beyond the visible efforts you see day-to-day.

12. Old-fashioned home decor / design choices

We’ve noticed some very “heavy and traditional” furniture preferences - lots of big, solid wood pieces that feel more built to last forever than to move easily. And the used furniture market is… interesting: many of the second-hand items look like what we’d expect to be thrown out for free back home, even when they’re being sold for money here.

13. More openly religious people

We’ve noticed a lot more open religiosity than we were used to. People say things like “God bless you” pretty naturally, and we also hear/read very specific comments ("Saint Anthony help us find this lost thing"). There also seem to be more fringe/small churches in the community, and it’s simply more present in everyday life. We expected to find a mix of world religions, but it's the fringe Christians that are the most noticeable for us.

Related (?) we’ve seen a surprising number of homeschoolers. Even on our own street, there are kids homeschooled in relatively closed households, and apparently the legal requirements around curriculum are much lighter than we expected, or almost non-existent.

14. Prices and salaries

Some prices feel similar to Scandinavia especially for everyday necessities while a few things are slightly cheaper (13% HST vs 25% VAT). Property taxes are half here. Gasoline is half here. Salaries are the big difference: compensation seems quite lower here (on the order of 30%-40% for similar roles), and even though income taxes are about ~10% lower (36% vs 48% average income tax for us), the net gap still makes everything feel a bit tighter financially than we expected. Our family income puts us into the top 5% of Ontario families, so we recognize our view is probably skewed here. We do notice people struggling more here. The social safety net has a lower bottom (or more holes).

15. Digital privacy feels way behind

Digital privacy has been a bit of a shock. It feels like companies build detailed profiles using far more data than we expected (even from something as simple as a "innocent" sales call) where back home (thanks to GDPR) it felt more constrained and transparent and limited. It honestly feels like the data ecosystem is less regulated and more “collect first, ask later/never.”

Related: the right to stop getting junk mail is basically a wild west. Physical and digital spam seem to be near impossible to fully shut off, with no consistent process or clear answers. And the same pattern shows up with phone calls. Spam calls are relentless, easily 2+ per day, whereas back home it was closer to something like 5 per year, and always from foreign countries so easy to identify.

-

Overall, living in Ontario has been a mix of meeting expectations, comfort and micro cultureshocks, with minor friction in areas like healthcare logistics and digital systems. There’s a lot to like such as the friendliness and the feeling that people will help you.

In WealthSimple, it's quite easy to assign beneficiaries to certain account types (RRSP, TFSA, etc.). However, did you know that for some account types, you can make your spouse/partner a "successor" instead?

This means that if you die, your spouse will take over the account rather than getting the cash value (sold at time of death).

The purpose of the Designation of Successor and/or Contingent Beneficiaries form is to let you officially name who will inherit your registered account if you pass away. You can use it to designate a successor (your spouse or common-law partner, who would take over the account) or contingent beneficiaries (other individuals who would receive the funds if your primary beneficiary can’t). This helps ensure your account is handled according to your wishes and can simplify estate matters for your loved ones.

Use the chat and ask for a link to the Designation of Successors and/or Contingent Beneficiaries for Registered Plans form.

The link directs you to DocuSign because Wealthsimple uses DocuSign to securely collect and process your Designation of Successor and/or Contingent Beneficiaries form online. This allows you to complete and sign the form electronically, so you don’t need to print or mail anything.

Wealthsimple Vancouver Home Giveaway | 170 Sunset Drive

170 Sunset Drive in Lions Bay

170 Sunset Drive, Lions Bay, British Columbia V0N2E0 Sold History | HouseSigma

Sold for slightly over $3M in both 2022 and 2025.

https://preview.redd.it/qbos5efambzg1.png?width=1158&format=png&auto=webp&s=78dd84132be510e3bbb0227e08e19e97927013df

I moved recently from CIBC to WS, and there's one particular feature that I'm really missing: The ability to execute trailing stop limit buy/sell orders.

As the name suggests, these orders allow you to automatically follow the price, either up or down, without manually changing your orders as the market moves.

Here is how it looks when setting up an order:

https://preview.redd.it/dmitz368biyg1.png?width=397&format=png&auto=webp&s=4eadecaf6f96e73df79dd840ff33255c79849396

Below is CIBC's explanation of how this works.

Trailing Stop Limit: A stop order that’s triggered at an amount that trails (follows) above or below the security’s current market value.

Trigger delta: The Trigger delta is the amount by which your order is following the market price. It determines the price that triggers your order if the market moves in an unfavourable direction.

Limit offset: The Limit offset is how much above or below your trigger delta you're willing to trade the security.

Understanding trailing stop limit orders

Want to know more about trailing stop limit orders? Take a look at our guide for a quick explanation.

How can you potentially protect your profits and minimize your losses in volatile markets?

You want to benefit as your stock moves higher and you’re willing to wait for your gain, but you think that’s unlikely to happen immediately. While you’re waiting, the price will rise and fall. After all, no stock goes straight up. That’s a normal part of stock market movement.

It can be painful to see a gain evaporate or even turn into a loss. You might be willing to tolerate a certain amount of movement against you, but you’d like to control how much.

There’s a type of order to help give you some control — the trailing stop limit order.

How does a trailing stop limit order work?

A trailing stop limit order allows you to set a trigger delta, which is how much the market price could fall before you’d want to sell, or rise before you’d want to buy. You can specify this as a percentage or a dollar amount. Once you set the trigger delta, Investor’s Edge continuously recalculates the price that will trigger your order, based on the stock’s current market price as it moves in a favourable direction — rising for a sell order, falling for a buy order. When the market price changes directions, your trigger price doesn’t change.

When your order is triggered, the sale or purchase of a stock will be a limit order. You determine the limit price by specifying how far from the trigger price you’ll allow your sale or purchase to take place. This is called the limit offset.

Note: Trailing stop limit orders are only valid during regular trading hours and won’t trigger in extended hours. This applies to both buy and sell orders, including all the following scenarios.

Why use a trailing stop limit order?

The sell trailing stop limit order can be used to build discipline into your trading strategy by providing a way to benefit from potentially higher upside prices, while specifying a limit on the potential downside prices of a stock. It lets you accomplish this without continuously watching the price of the stock.

A buy trailing stop limit order is the mirror image of a sell order. It can be used to protect profits generated through short selling or when trying to buy a stock that is bouncing off a market low.

What are the risks?

You’ll want to look out for the kind of volatility that could move past your trigger price or limit offset without filling your order.

The market price of a stock with high volatility could move in one direction through your trigger price and your limit price. For a sell order, this means that the price could keep dropping without filling your order and your losses will not be minimized. For a buy order, this means that your order will not be filled despite the price moving higher than you expected.

It is also possible that a volatile stock could move in one direction through your trigger price and then quickly change direction on the same day. For a sell order, this means your limit order would be triggered and possibly filled, even if the market price ends up closing at the same price or higher than it opened. For a buy order, your order would be triggered even if the market price closes at the same or lower price than it opened.

https://preview.redd.it/g7s2egj6aiyg1.png?width=767&format=png&auto=webp&s=388aaf3a8ac8f14c95dce57dfefaec9938f29150

How a sell order works

First, you’ll look at the current market price of a stock and decide how much that price could fall before you’d want to sell. Then, you set your trigger delta:

• If the price falls 5%, I want to sell 
• If the price falls $5, I want to sell

 

Investor’s Edge calculates the price that will trigger your sell order based on the stock’s current market price. This trigger price is recalculated as the market price rises. The trigger price does not change when the market price falls.

The trigger is there to help limit your downward moving sell price and if it was recalculated as the stock price falls, your sell order would never be triggered.

Your sell order will be triggered as a limit order. You determine the limit price by specifying how far from the trigger price you’ll allow the sale of your stock to take place. This is called the limit offset.

Scenario 1: Price goes down

Step 1 — The sell trigger

• A stock is trading at $80.00
• You choose a 5% trigger delta
• Your sell order will be triggered if the market price falls to $76.00 ($80.00 - 5% = $76.00)

Step 2 — Sale at a limit price

• Your sell order is triggered at $76.00
• You chose a $1.00 limit offset
• The limit price for your sell order is $75.00 ($76.00 - $1.00 = $75.00)

https://preview.redd.it/6eahzj78aiyg1.png?width=767&format=png&auto=webp&s=84669c6925366fca4fb7740c3affb11fc4666f2f

Scenario 2: Price goes up

Step 1 — The sell trigger

• The stock price increases to $95.00
• Your sell order is triggered if the market price falls to $90.25 ($95.00 - 5% = $90.25)

Step 2 — Sale at a limit price

• Your sell order is triggered at $90.25
• You chose a $1.00 limit offset
• The limit price for your stock is $89.25 ($90.25 - $1.00 = $89.25)

With a limit order, you’ll sell all or part of your position at your limit price or better, or you won’t sell at all. This protects you from selling into a market that is falling quickly, where your executed price could be much lower than your trigger price. However, the downside is that you may not sell at all, or only sell part of your position, and the price of the stock could move even lower. For example, in Scenario 1, if the price suddenly drops lower than $75.00 before your sell order can be filled, there will be no sale at your limit price.

https://preview.redd.it/jn3v4z5aaiyg1.png?width=767&format=png&auto=webp&s=fcb294651a0669c6cd3d67baadf562e845c1bb18

How a buy order works

This is the reverse of the sell order. You’ll look at the current market price of a stock and decide how much that price could rise before you’d want to buy. This is your trigger delta:  

• If the price rises 5%, I want to buy 
• If the price rises $5, I want to buy

Investor’s Edge calculates the price that will trigger your buy order, based on the stock’s current market price. The trigger price is recalculated as the market price falls. The trigger price does not change when the market price rises. 

Your buy order will be triggered as a limit order. You determine the limit price by specifying how far from the trigger price you’ll allow the purchase of your stock to take place. This is called the limit offset. 

Scenario 1: Price goes up

Step 1 — The buy trigger

• A stock is trading at $80.00
• You choose a 5% trigger delta
• Your buy order will be triggered if the market price increases to $84.00 ($80.00 + 5% = $84.00)

Step 2 — Buy at a limit price

• Your buy order is triggered at $84.00
• You chose a $1.00 limit offset
• The limit price for your stock is $85.00 ($84 + $1.00 = $85.00)

https://preview.redd.it/2yblg6beaiyg1.png?width=767&format=png&auto=webp&s=5d68e0a498e0c8bfa9f4c61cda421517031cd0ac

Scenario 2: Price goes down

Step 1 — The buy trigger

• The stock falls to $60.00
• Your buy order is triggered if the market price increases to $63.00 ($60.00 + 5% = $63.00)

Step 2 — Buy at a limit price

• Your buy order is triggered at $63.00
• You chose a $1.00 limit offset
• The limit price for your stock is $64.00 ($63.00 + $1.00 = $64.00)

With a limit order you’ll buy all or part of your order at your limit price or better, or you won’t buy at all. This protects you from buying into a market that is rising quickly, where your executed price could be much higher than your trigger price. However, the downside is that you may not buy at all, or only buy part of your position, and the price of the stock could move even higher. For example, in Scenario 2, if the price suddenly rises higher than $64.00 before your buy order can be filled, then there will be no buy at your limit price.

https://preview.redd.it/iylziajgaiyg1.png?width=767&format=png&auto=webp&s=3a7f6214bb51dd233b9cde87c4c273b156c33644