We have talked about the pros and cons of stop orders in the past. But, how does one actually enter one of these types of orders?
The nuts and bolts of how to do this will change from platform to platform, but here is an example of how to do it on TD Ameritrade’s ThinkOrSwim platform.
If you are using a different platform, please consult your broker of the exact steps you should take when entering a stop order.
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