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Stop Loss Order

I think poems proTrader allows this stop loss feature but it comes with a subscription fee..

Another question, can we do shorting with the online trading?

 

Singaporegal,

May I know how you enter in this system , says to buy a stock at 10 dollar and put a stop lost at 0.90?

Thanks 

 

Yep... saxo bank has a stop loss feature which I find very useful. It protects my profits and also from unreasonable losses.

 

 

It may be that Saxo has a stop-loss feature for stocks.

But as far as I know, no other broker offers stop-loss for stocks...

So you will need to monitor prices yourself (or ask your family/friends) and then enter your order accordingly.

 

Ok noted with thanks! So the normal online trading accounts doesn't help in stop loss order.

So only specific software such as the protrader from Philips will do such order?

 

 

I'm new to online trading, can anyone advice me if I can put a stop loss order through online trading? Meaning if the price is trading at Bid $1, Sell $1.05. I'm holding 1 lot, if I put a sell at $0.90, will the lot be sold away at $1.05 or will it drop till $0.90 then be sold?