TradeStation Help

Placing Equities Orders

Certain routes and durations may be unavailable for use with certain order types. If this is the case, those route and duration choices that are unavailable will appear grayed out.

Placing a Limit Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Select the number of shares or dollar amount for your order using the or arrow in the Quantity box. Click # or $ to specify whether the Quantity field refers to the number of share/contracts or a dollar amount.
3. Set your limit price for your order using the or arrow in the Limit Price box. You can also click Auto to use the Auto Price feature.
4. Select Limit from the Order Type drop-down list.
5. Select the route that you want to use for your order from the Route drop-down list.
6. Select the length of time for which you want your order to be valid from the Duration drop-down list.
7. Select the account that you want to use in settlement of your order from the Account No. drop-down list.
8. Click Buy.
9. Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. For more information, see Enabling and Disabling Order Confirmations.

Placing a Market Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Select the number of shares or dollar amount for your order using the or arrow in the Quantity box. Click # or $ to specify whether the Quantity field refers to the number of share/contracts or a dollar amount.
3. Select Market from the Order Type drop-down list.
4. Select the route that you want to use for your order from the Route drop-down list box.
5. Select the length of time for which you want your order to be valid from the Duration drop-down list.
6. Select the account that you want to use in settlement of your order from the Account No. drop-down list.
7. Click Buy.
8. Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. For more information, see Enabling Order Confirmations.

Placing a Stop Market Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Select the number of shares or dollar amount for your order using the or arrow in the Quantity box. Click # or $ to specify whether the Quantity field refers to the number of share/contracts or a dollar amount.
3. Select Stop Market from the Order Type drop-down list.
4. Enter your stop price to adjust the price using the or arrow in the Stop Price box.
5. Select the route that you want to use for your order from the Route drop-down list.
6. Select the length of time for which you want your order to be valid from the Duration drop-down list.
7. Select the account that you want to use in settlement of your order from the Account No. drop-down list.
8. Click Buy.
9. Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. For more information, see Enabling and Disabling Order Confirmations.

Placing a Stop Limit Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Select the number of shares or dollar amount for your order using the or arrow in the Quantity box. Click # or $ to specify whether the Quantity field refers to the number of share/contracts or a dollar amount.
3. Select Stop Limit from the Order Type drop-down list.
4. Enter your limit price to adjust the price using the or arrow in the Limit box.
5. Enter your stop price to adjust the price using the or arrow in the Stop box.
6. Select the route that you want to use for your order from the Route drop-down list.
7. Select the length of time for which you want your order to be valid from the Duration drop-down list.
8. Select the account that you want to use in settlement of your order from the Account No. drop-down list.
9. Click Buy.
10. Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. For more information, see Enabling and Disabling Order Confirmations.