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Thank you - great video -- this answered all my questions! Placed my first order on Robinhood app today and had to watch it as I realized I did not know how to do a stop or limit order on this app. You answered questions that I did not realized I had and explained everything so thoroughly. I am now dangerous LOL
When i make a buy order with a stop loss set Once the order becomes Active, do i own the stock or is the stock held in escrow until the lower limit is hit, and the order has been filled?? If i buy the stock, i want to protect myself against the immediate drop, but if the stock goes up can i cancel the limit order and own the stock ??? Once the order becomes active, can i cancel the order, hang on to the stock and set a sell limit to protect my investment????
As a newbie my self what confuses me the most is the concept of setting a stop on a buy order that is below the current market price??? I can get that on a sell order but it seems counter intuitive to a newbie??? And, what is the difference between an open order and an active order
🛠Just launched my trading journal! If you trade stocks, options, futures, or crypto, give it a try with a 7-day free trial and let me know what you think! traderlog.io/
Finally, I’ve found the video that best explained the stop loss. Thank you.
Thank you. I was looking so many videos. You're the only one who explained it , thanks
Thank you - great video -- this answered all my questions! Placed my first order on Robinhood app today and had to watch it as I realized I did not know how to do a stop or limit order on this app. You answered questions that I did not realized I had and explained everything so thoroughly. I am now dangerous LOL
Thank you! Short, concise, straight to the point. Great video.
Best video on the subject that I could find, thanks.
Clean-cut explanation on these types of orders on RH!
Thumbs up!
Awesome video!💚
Excellent teaching! Thank you sir. 🤘🏿
Awesome, thanks.
What do you do if you don't have full shares? Doesn't look like it lets you enter decimals or less than 1?
it was so clear, Thank you!
Thanks for the video! Question: If I am day trading Options, using a trailing stop loss, I should always use 'Good 'til Market Close' correct?
When i make a buy order with a stop loss set
Once the order becomes Active, do i own the stock or is the stock held in escrow until the lower limit is hit, and the order has been filled?? If i buy the stock, i want to protect myself against the immediate drop, but if the stock goes up can i cancel the limit order and own the stock ??? Once the order becomes active, can i cancel the order, hang on to the stock and set a sell limit to protect my investment????
Great information!
If I set a stop loss , can I still sell my option higher? Or do I have to cancel my order before I sell for higher ?
Scott you are Awesome 👌 "THANK YOU"
As a newbie my self what confuses me the most is the concept of setting a stop on a buy order that is below the current market price??? I can get that on a sell order but it seems counter intuitive to a newbie??? And, what is the difference between an open order and an active order
Thank you
Does this work with options on RH? Like how TOS does
Great video….thanks!!!!
Glad you liked it!
Seems like you need to have at least 1 share to use the stop Loss. Its possible if you have, lets said, 0.45 shares?
Amazing explanation thank you 🎉
Glad it was helpful!
thank y ou
Robinhood DOES NOT have STOP LOSS on PDT accounts
Thanks