Creative Technology & Gadget Blog

8. Indicate the duration of the order. Select an entry from the Duration drop-down list box. Day means the order is good for a day, and GTC, which stands for “good ’til canceled,” means that the order stays outstanding until either it’s executed or you cancel it. After you have described in detail an order [...]

If you set a stop order on a sell, the stop price is the price at which the market price needs to move past for your order to be placed and hopefully processed. 6. Identify which account you will use for funds. Select an account type from the Account Type drop-down list box. For example, [...]

If you set a limit on a buy order, you’re saying you want to buy only if the price is below the limit. If you set a limit on a sell order, you’re saying you want to sell only if the price is above the limit. Note that if the market price never moves past [...]

In general, no matter which online investment service you use, you take the following steps: 1. Indicate what kind of order you are placing. Select an entry from the Buy/Sell drop-down list box. 2. Indicate purchase or sale quantity. For example, tell the broker how many shares of a stock you want to buy or [...]

You’ll benefit by spending some time exploring the online brokerage service’s Web site before you ever attempt to place an order to buy or sell securities. Most of the popular Web sites provide a rich set of tools and resources to investors.