Limit order: Selling

You own 100 shares of a stock that is currently trading for $10.00 per share and the price has been rising or you think it will top out at $10.75
You want to sell the stock automatically if the price hits $10.75
Day” means the order is only good for today.
GTC” means the order will be Good Till Canceled (in could execute 3 weeks from now or more).

Enter the Symbol, Quantity, Type (Limit), and enter 10.75 in the Limit field. Click "Sell" and confirm the order.

click to enlarge

The stock will be sold when the price rises to $10.75
You will no longer own it if it hits $10.75 even if the stock continues to rise after execution. Let's hope you were right at picking the top.


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