Trading

Question 1

1

Answer 1

Determine your stop loss before buying

Question 2

2

Answer 2

get in a play within 10 seconds

Question 3

3

Answer 3

always negotiate, on wide spreads

Question 4

4

Answer 4

don’t swing with capital but only with gains

Question 5

5

Answer 5

always secure gains either by selling out or setting a stop to protect gains

Question 6

For Calls, were looking for the strike price that is…

Answer 6

right below the ask price of the stock.

Question 7

For Puts we’re looking for the strike price that is

Answer 7

right above the ask price of the stock

Question 8

order type 1

Answer 8

buy/limit order, left click on ASK, choose your amount and hit confirm and send

Question 9

order type 2

Answer 9

sell/limit order, left click on the BID, choose amount to sell and confirm and send

Question 10

order type 3

Answer 10

Is a Sell/Stop order, use only between 8.30 am to 3pm, left click on BID, Change the word from Limit to STOP, the adjust the price to what you want to trigger the sale at, then hit confirm and send

Question 11

order type 4

Answer 11

Use for Stocks only, 8.30am to 3pm, is a buy/stop order, left click on the ASK, change word from Limit to STOP, then adjust the price to where you want to trigger the BUY then confirm and send

Question 12

order type 5

Answer 12

Use for Stocks only, Sell/Short order, To start a Short position, left click on BID, choose your amount and Confirm and Send, To Close out on the Short Position, Left Click on ASK, choose your amount and Confirm and Send.

Question 13

adjusting working stop orders

Answer 13

when you a set a stop loss, the trigger is the ask price, but the market fills the order at a lower BID price, the market will fill the order at the spread or between it.

Question 14

Custom Orders with Stops - Long Custom order

Answer 14

Right click on ASK, select Buy Custom with Stop, Determine your Stop price, and enter into the Red Price cell. Hit the Confirm and Send Button

Question 15

Custom Orders with Stops - Short Custom Order

Answer 15

Right Click on BID, Select Sell Custom with Stop, Determine your Stop Price and enter into the Green Price cell, Hit the Confirm and Send Button

Question 16

OCO

Answer 16

One Cancels the Other

Question 17

Custom Orders with OCO Bracket - Long Custom Order

Answer 17

Right click on ASK level, Select Buy Custom with OCO Bracket, Determine your Sell Limit & Sell Stop Prices and enter that into the Red Price cells, Hit the Confirm and Send Button

Question 18

Custom Orders with OCO Bracket - Short Custom Order

Answer 18

Right click on BID level, Select Sell Custom with OCO Bracket, Determine your Buy Limit & Buy Stop prices, and enter that into the GREEN Price cells, Hit the Confirm and Send button

Question 19

Mobile Orders - To Buy Stock from Watchlist

Answer 19

Select the TICKER, In top right corner select BUY, Make sure the QUANTITY is what you want it to be, and the PRICE is what you want it to be. Hit the REVIEW then SEND.

Question 19

Mobile Orders - To Sell your Position

Answer 19

Select the POSITION tap, Select the ARROW left of the ticker, Put a CHECK in the BOX, Hit CLOSE SELECTED, Select the SELL or BUY DESCRIPTION , (at top of list), a check will appear. Select CLOSE,
Make sure the PRICE is what you want it to be, Select REVIEW, then SEND

Question 20

Mobile Orders - To Buy Options from Watchlist

Answer 20

Select the TICKER, Select the Option Tab, Hit the ASK of the One Strike in the Money ID, Make sure the Quantity is what you want it to be, and the PRICE is what you want it to be, Hit the Review then Send

Question 21

Mobile Orders - To Sell Your Position

Answer 21

Select the Position Tap, Select the Arrow left of the ticker, put a Check in the Box, Hit CLOSE SELECTED, Select the SELL or BUY DESCRIPTION(at the top of list), a check will appear, Select CLOSE, Make sure the PRICE is what you want it to be, Select REVIEW, then SEND

Question 22

Mobile Orders to Set a STOP

Answer 22

Select the POSITION tap, Select the ARROW left of the ticker, Put a CHECK in the BOX, Hit CLOSE SELECTED, Select the Line that show “with STOP” a check will appear, Select CLOSE, Adjust the Price to what you want it to be, Select REVIEW, then SEND

Question 23

Mobile Orders - To adjust a STOP

Answer 23

Select the ORDERS tap, Select the WORKING tab, See your order, select it by tapping on it. Select Cancel/Replace Order, Adjust the Price to what you want it to be, Select REVIEW, then SEND

Question 24

Mobile Orders - TO Change a STOP to a LIMIT

Answer 24

Select the ORDERS tap, Select the WORKING tab, See your order, select it by tapping on it. Select CANCEL/Replace order. Hit the arrow left of the word

Question 25

Stocks trade from...

Answer 25

6 am to 7pm, pre hours 6 am - 8..30 am, Post hours: 3 PM - 7 PM

Question 26

Options Trade from

Answer 26

8.30 AM to 2.59PM, no pre or post hours

Question 27

Futures trade from

Answer 27

Sun 5 PM to Fri 4pm, Maint. windows are 4 to 5 Pm, Mon-Thur.

Question 28

Determine your stop loss before buying

Answer 28

1

Question 29

get in a play within 10 seconds

Answer 29

2

Question 30

always negotiate, on wide spreads

Answer 30

3

Question 31

don't swing with capital but only with gains

Answer 31

4

Question 32

always secure gains either by selling out or setting a stop to protect gains

Answer 32

5

Question 33

right below the ask price of the stock.

Answer 33

For Calls, were looking for the strike price that is...

Question 34

right above the ask price of the stock

Answer 34

For Puts we're looking for the strike price that is

Question 35

buy/limit order, left click on ASK, choose your amount and hit confirm and send

Answer 35

order type 1

Question 36

sell/limit order, left click on the BID, choose amount to sell and confirm and send

Answer 36

order type 2

Question 37

Is a Sell/Stop order, use only between 8.30 am to 3pm, left click on BID, Change the word from Limit to STOP, the adjust the price to what you want to trigger the sale at, then hit confirm and send

Answer 37

order type 3

Question 38

Use for Stocks only, 8.30am to 3pm, is a buy/stop order, left click on the ASK, change word from Limit to STOP, then adjust the price to where you want to trigger the BUY then confirm and send

Answer 38

order type 4

Question 39

Use for Stocks only, Sell/Short order, To do a Short position, left click on BID, choose your amount and Confirm and Send, To Close out on the Short Position, Left Click on ASK, choose your amount and Confirm and Send.

Answer 39

order type 5

Question 40

when you a set a stop loss, the trigger is the ask price, but the market fills the order at a lower BID price, the market will fill the order at the spread or between it.

Answer 40

adjusting working stop orders

Question 41

Right click on ASK, select Buy Custom with Stop, Determine your Stop price, and enter into the Red Price cell. Hit the Confirm and Send Button

Answer 41

Custom Orders with Stops - Long Custom order

Question 42

Right Click on BID, Select Sell Custom with Stop, Determine your Stop Price and enter into the Green Price cell, Hit the Confirm and Send Button

Answer 42

Custom Orders with Stops - Short Custom Order

Question 43

One Cancels the Other

Answer 43

OCO

Question 44

Right click on ASK level, Select Buy Custom with OCO Bracket, Determine your Sell Limit & Sell Stop Prices and enter that into the Red Price cells, Hit the Confirm and Send Button

Answer 44

Custom Orders with OCO Bracket - Long Custom Order

Question 45

Right click on BID level, Select Sell Custom with OCO Bracket, Determine your Buy Limit & Buy Stop prices, and enter that into the GREEN Price cells, Hit the Confirm and Send button

Answer 45

Custom Orders with OCO Bracket - Short Custom Order

Question 46

Select the TICKER, In top right corner select BUY, Make sure the QUANTITY is what you want it to be, and the PRICE is what you want it to be. Hit the REVIEW then SEND.

Answer 46

Mobile Orders - To Buy Stock from Watchlist

Question 47

Select the POSITION tap, Select the ARROW left of the ticker, Put a CHECK in the BOX, Hit CLOSE SELECTED, Select the SELL or BUY DESCRIPTION , (at top of list), a check will appear. Select CLOSE, Make sure the PRICE is what you want it to be, Select REVIEW, then SEND

Answer 47

Mobile Orders - To Sell your Position

Question 48

Select the TICKER, Select the Option Tab, Hit the ASK of the One Strike in the Money ID, Make sure the Quantity is what you want it to be, and the PRICE is what you want it to be, Hit the Review then Send

Answer 48

Mobile Orders - To Buy Options from Watchlist

Question 49

Select the Position Tap, Select the Arrow left of the ticker, put a Check in the Box, Hit CLOSE SELECTED, Select the SELL or BUY DESCRIPTION(at the top of list), a check will appear, Select CLOSE, Make sure the PRICE is what you want it to be, Select REVIEW, then SEND

Answer 49

Mobile Orders - To Sell Your Position

Question 50

Select the POSITION tap, Select the ARROW left of the ticker, Put a CHECK in the BOX, Hit CLOSE SELECTED, Select the Line that show "with STOP" a check will appear, Select CLOSE, Adjust the Price to what you want it to be, Select REVIEW, then SEND

Answer 50

Mobile Orders to Set a STOP

Question 51

Select the ORDERS tap, Select the WORKING tab, See your order, select it by tapping on it. Select Cancel/Replace Order, Adjust the Price to what you want it to be, Select REVIEW, then SEND

Answer 51

Mobile Orders - To adjust a STOP

Question 52

Select the ORDERS tap, Select the WORKING tab, See your order, select it by tapping on it. Select CANCEL/Replace order. Hit the arrow left of the word

Answer 52

Mobile Orders - TO Change a STOP to a LIMIT

Question 53

6 am to 7pm, pre hours 6 am - 8..30 am, Post hours: 3 PM - 7 PM

Answer 53

Stocks trade from...

Question 54

8.30 AM to 2.59PM, no pre or post hours

Answer 54

Options Trade from

Question 55

Sun 5 PM to Fri 4pm, Maint. windows are 4 to 5 Pm, Mon-Thur.

Answer 55

Futures trade from

Question 56

TSLA(just a ticker symbol)

Answer 56

buy the Call Option or Stock

Question 57

TSLA RIsk

Answer 57

Means there is no direction, or the spread is too wide which adds to the risk, but still buying

Question 58

TSAL Put or Short

Answer 58

buy the Put at Current Ask Price or Short the Stock itself

Question 59

TSLA Stock

Answer 59

this means only buy the Stock

Question 60

TSLA off 354

Answer 60

this means the TSLA is below 354, but once Ask price hits 354, buy the STOCK or CALL option at whatever price it is at that moment.

Question 61

TSLA PUT off 354

Answer 61

this means the current price is above 354 but once the ASK Price of the stock hits 354, short the stock or buy the PUT at whatever price. With this kind of post, lets say we traded it once already, but we are right back to the above example price wise. Unless i change the entry , we can replay it.

Question 62

TSLA is on Fire, or TSLA i see buyers, or TSLA Running, or PCLN is Moving

Answer 62

this means buy the stock or buy the CALL immediately.