Learning Center - Order Types - Thinkorswim


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Trading forex with Thinkorswim platform, how to set up conditional orders for protection?

I started playing around with trading forex. I use TDameritrade thinkorswim plateform. Let me give a scenario and perhaps you can help me:
Let's say I want to short GBP/USD. I first put a market sell order and get in at 1.22. I think it will go down so I put in a buy limit order at 1.2, hoping to make a profit of 0.02 in the trade when GBP/USD goes down. However, to protect myself from a potential significant loss, I also would like to put in a buy stop order at 1.24 (so if it goes up instead of down as I am predicting).
How do I put in these two orders so that if one is triggered, the other order will be voided? I hope I am clear, any advice would be appreciated.
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How to Create Thinkorswim Trailing Stop Orders - YouTube ThinkorSwim Stop Loss Order Template - YouTube How to Set a Stop Loss on Think or Swim - YouTube ThinkOrSwim: Using Buy Stop Orders With Brackets - YouTube How to Set Stop Limit Orders for Options on ThinkorSwim ... How to Create Stop Orders on thinkorswim® Desktop - YouTube Options A to Z - Placing Stop Orders in Think or Swim ...

Question: Stop loss and Take profit with ThinkorSwim. Discussion in 'Learn how to trade or invest by asking questions' started by fritzlandry, Sep 11, 2015. fritzlandry New Member. Please I need help. I m struggling to find how to place a stop loss and a take profit order on TOS. Do anyone know where i can find a clear and simple tutorial ? fritzlandry, Sep 11, 2015 #1. Acstudio Well-Known ... So I talked to a TD Ameritrade ThinkorSwim agent and this is what they stated. "I appreciate your patience in response to your message. So the STD stands for "Standard" "So for both a buy stop and a sell stop they by default (ord STD) triggered or activated off of the last trade price." Hope this clears things up. Hi Everybody, Based my buy order shown on the snapscreen above: Say the current price for stock HMY is $2.2. If HMY rises to $2.3, my buy stoplimit order will be triggered into trade and the price that i might be buying in is ranging from $2.3 to $2.4 (depending the availability of the stock at that price). With a stop limit order, you risk missing the market altogether. In a fast-moving market, it might be impossible to execute an order at the stop-limit price or better, so you might not have the protection you sought. Entering a First Triggers Order. A 1st Triggers (First Triggers) order is a compound operation where an order, once filled, triggers execution of another order (or other orders ... A stop limit includes a stop and limit order, so there is no need to have a separate stop order. View entire discussion ( 7 comments) ... ThinkorSwim is owned by TD Ameritrade, TD Ameritrade is an American online broker based in Omaha, Nebraska. TD Ameritrade Holding Corporation (NYSE: AMTD) is the owner of TD Ameritrade Inc. Services offered include common and preferred stocks, futures, ETFs ... How to thinkorswim. Trailing Stop Links thinkScript in Conditional Orders Order Types. In this section, you will find articles and videos that go over the various order types that can be found within the thinkorswim platform. Click the links above for articles or the playlist below for videos. Order Types: What They Mean: Market: Seeks execution at the next available price. Limit: Seeks ... I wrote this because there was some question on how to place a trailing stop order after I post my new ... ToS setup, Trading Options, Trading tips, trail stop, trailing limit stop order, trailing stop order. Simple Simon. 20 Replies to “How To Set a Trailing Stop Order on ThinkorSwim (updated)“ Jewel Ashley says: December 21, 2019 at 07:58 Simon, I guess I figured out what I did wrong. On ...

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How to Create Thinkorswim Trailing Stop Orders - YouTube

Subscribe: http://bit.ly/SubscribeTDAmeritrade In this tutorial we’ll walk you through different ways to create a stop order in thinkorswim® Desktop. thinkor... Get FREE Stock Market Basics Training: https://cutt.ly/ufInC9r Watch this video to fully understand how to set a stop loss on the Think or Swim trading platf... A mini tutorial on how to place "sell stops" and "sell stop limit" orders in Think or Swim (TOS) -- the industry's most powerful option trading software. Subscribe ⇢ http://bit.ly/NowSubscribeD ⏎⏎⏎ Hey guys just a quick video on how to set an actual stop order on the Thinkorswim platform. Hope you guys enjoy. ... ThinkorSwim stop loss video on how to use the ThinkorSwim order template to customize your stop loss orders automatically.📚 Take our FREE trading courses her... Start a free 1-week trial at https://launchpass.com/p/kaf-swing-trades www.kafinvesting.com Start your one week FREE trial today! Learn how to get the best d... 📈Squeeze Pro Discount: http://bit.ly/SqueezePro There are lots of different strategies for trailing stops, having a automatic trailing stop isn't always the ...