How to Create Stop Orders on thinkorswim® Desktop

August 28, 2023 Beginner
In this tutorial, we'll show you three ways to create a stop order in thinkorswim® desktop.
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Schwab offers trading tools and platforms.

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Learn how to add drawings in charts, draw trendlines, price levels, and Fibonacci retracements to help you identify trend as well as support and resistance.

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Learn to avoid the three pitfalls of technical analysis and analyzing price patterns: impatience, inflexibility, and tunnel vision.

Credit vs. Debit Spreads: Let Volatility Guide You

When deciding between trading credit spreads or debit spreads, it can be helpful to align the options strike prices and expirations with the level and direction of implied volatility.

Content intended for educational/informational purposes only. Not investment advice, or a recommendation of any security, strategy, or account type.

A stop order will not guarantee an execution at or near the activated trailing stop price. Once activated, they compete with other incoming market orders.

The paperMoney® application is for educational purposes only. Successful virtual trading during one time period does not guarantee successful investing of actual funds during a later time period as market conditions change continuously.

Corporate names, symbols, and market data are shown for illustrative purposes only and do not constitute recommendations, offers to sell, or solicitations of offers to purchase any security.

Investing involves risks, including the loss of principal invested.

Past performance is no guarantee of future results.

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