TradeStation Help

Placing Sell Orders for Equities

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 Sell Limit Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Click the or arrow to select the number of shares or dollar amount for the order 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 the limit price to adjust the price using the or arrow in the Limit Price box. Click Auto to use the Auto Price feature.
4. Select Limit from the Order Type drop-down list.
5. Select the route to use for the order from the Route drop-down list.
6. Select the length of time for which you want the order to be valid from the Duration drop-down list.
7. Select the account to use in settlement of the order from the Account No. drop-down list.
8. Click Sell.
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 Sell Market Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Click the or arrow to select the number of shares or dollar amount for the order 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 to use for the order from the Route drop-down list.
5. Select the length of time for which you want the order to be valid from the Duration drop-down list.
6. Select the account to use in settlement of the order from the Account No. drop-down list.
7. Click Sell.
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 and Disabling Order Confirmations.

Placing a Sell Stop Market Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Click the or arrow to select the number of shares or dollar amount for the order 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 to use for the order from the Route drop-down list.
6. Select the length of time for which you want the order to be valid from the Duration drop-down list.
7. Select the account to use in settlement of the order from the Account No. drop-down list.
8. Click Sell.
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 Order Confirmations.

Placing a Sell Stop Limit Order

1. Enter the symbol for which you want to place an order in the Symbol box.
2. Click the or arrow to select the number of shares or dollar amount for the order 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 to use for the order from the Route drop-down list.
7. Select the length of time for which you want the order to be valid from the Duration drop-down list.
8. Select the account to use in settlement of the order from the Account No. drop-down list.
9. Click Sell.
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.