January 2013
Beginner
384 pages
9h 44m
English
Content preview from Stock Investing For Dummies, 4th Edition
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Chapter 18
Using Trade Triggers and Advanced Conditional Orders
In This Chapter
Placing orders that trigger trades
Taking advantage of advanced conditional orders
In the age of knowledge, grasshopper, we must be one with the technology. Especially, locust, when technology can help you make more profit. In that spirit, uh . . . cricket, I take the topic of brokerage orders from Chapter 17 to another level.
Brokerage orders that you can automate on a website are (in my humble opinion) one of the greatest uses of technology. Chapter 17 is about placing single transaction orders, such as a stop-loss order or a trailing stop. In this chapter, I introduce you to more advanced brokerage orders, whereby it’s possible to enter a combination order containing two or more orders that may be triggered by market events (this stuff is cool . . .).
No one says that you need to use a trade trigger or an advanced conditional order. For most folks (even yours truly), the basic orders that I describe in Chapter 17 suffice most of the time. However, it’s good to know that if you encounter a challenging situation due to market conditions and/or your changing preferences and circumstances, you can structure ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.