In this tutorial, we'll show you three ways to create a stop order in thinkorswim® desktop. Watch video: How to Create Stop Orders on thinkorswim® Desktop Transcript Open new window Schwab offers trading tools and platforms. Learn more More from Charles Schwab Options Today's ...
In this video, we'll demonstrate how to create trailing stop and trailing stop limit orders on the thinkorswim® desktop platform. Watch video: Trailing Stop Orders on thinkorswim® Desktop Transcript Open new window Schwab offers trading tools and platforms. Learn more More from Charles ...
A sell stop loss order on the other hand, is there to protect long positions. They achieve this by triggering a market sell order if the price falls below your set price level. When you place a sell stop loss order, you’re now saying that this price is the maximum that you’re goin...
Atrailing stop lossis a type of day-trading order that lets you set a maximum value or percentage of loss you can incur on a trade. If the security price rises or falls in your favor, the stop price moves with it. If the security price rises or falls against you, the stop stays in...
You can use a stop order as an automatic entry or exit trigger upon a certain level of price movement in a specified direction; it's often used to attempt to protect an unrealized gain or minimize a loss. Sell stop: A sell stop represents a market order to sell at the next available ...
Stop order: Gaps down can result in an unexpected lower price. Source: thinkorswim platform Limit orders and price gaps In a similar way that a "gap down" can work against you with a stop order to sell, a "gap up" can work in your favor in the case of a limit order to sell...