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| Penny Stocks and Big Boards Relevant to the most conventional way of profiting through investing, this forum is focused on the discussion and analysis of stocks, bonds and equity investments in the openly traded stock market (NYSE, AMEX, NASDAQ, TSE, TSE Ventures, ect.) |
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if i want to sell some stocks on e*trade at a certain price what do i pick as my
price type?
if i bought abc at 3.22 and i want to sell it when it gets to 4.00 how do i do that.
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Use a limit order and specify the price. So if you wanted to buy ABC company only if it dropped to 45 from its current price of 50, set a buy limit order for 45, and it will be only executed at 45 or less.
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Enter a SELL LIMIT order of 4.00 Now that you have entered your sell level to capture certain gains, if the stock price goes up, have you considered the other possibility of the stock price going down below 3.22. At what value do you want to get out to prevent further losses? You can use a SELL STOP order for this.
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