Cut Losses in 2 Steps
Buy Breakouts in 2 Steps
Example:
BUY 100 shares at P9.00, if the market price is greater than or equal* to P9.00
*Buying breakouts are always greater than or equal to the market price!
Step 1: Set your order
- On the “Trade” screen, Go to the “General” tab
- Buy 100 shares today at P9.00
Step 2: Set when to send it
- Go to the “Conditional Orders” tab
- Trigger your order if the market price is greater than or equal to P9.00
- For cutlosses, the condition should always be less than or equal!
Great! You are now positioned for an upside breakout!
An order to BUY at P9.00 will be sent if the market trades at or ABOVE P9.00.