Finally I found someone who simplified the order types by examples, THANK YOU...
@EverydayInvesting4 жыл бұрын
Thanks, I'm glad I could help! 👍
@gasparitorumba10994 жыл бұрын
Yes I agree! Besides the examples he was clear and simple..thanks
@abhishes4 жыл бұрын
Thanks for the simple explanation delivered at the right pace.
@EverydayInvesting4 жыл бұрын
You're welcome, I'm glad I could help! 👍
@l0wkey5293 жыл бұрын
Thanks for explaining! The examples really helped understand everything anytime the text didn’t. It went from confusing to simple really quick after your explanations lol, subbed!
@EverydayInvesting3 жыл бұрын
That's awesome, I'm glad it was helpful! 👍
@joelsalter75265 жыл бұрын
Thank you so much for this. I am completely new to this stuff and this video cleared it up for me!
@EverydayInvesting5 жыл бұрын
Awesome! I'm glad I could help 👍
@amirunited29034 жыл бұрын
can you explain the trailing stop order?
@PRANKurFACE4 жыл бұрын
The trailing stop order monitors a stocks fluctuations set at a limit you choose. For example if a Dell Stock drops from $20 to $15 your limit can be set at anything above that. If you set it at $5 it will 'trail' behind it at $5 above the stock price. So the 'trail is at $25 and $20. Now once the stock rises above the trail mark it will force a buy. So basically once the stock price that's going downward starts to rise above the 'trail' it forces a buy.
@Checo16 жыл бұрын
Excellent tutorial very clear. Keep on doing videos like this.
@EverydayInvesting6 жыл бұрын
Thanks for the feedback, I appreciate it!
@Checo16 жыл бұрын
Investing Apps TV what software do you recommend or used for stock analysis
@EverydayInvesting6 жыл бұрын
I don't use any software but for stock and market analysis I like to read articles and news at places such as CNBC, Yahoo Finance, The Street, and Morningstar.
@michaelo20886 жыл бұрын
I love your videos! I knew how the stock market work and how to do technical and data analysis but I didn’t know the difference in buying and selling and you solved my questions so thank you!😬
@EverydayInvesting6 жыл бұрын
Awesome, I'm glad to hear my video helped. Thanks!
@josebenedico73796 жыл бұрын
Can you make a video all the numbers in the app like Pe ratio , volume , averages volume, market cap,divided , eps?
@georgemfavors56484 жыл бұрын
thanks for explaining "stop limit' have never understood until today many thanks.
@EverydayInvesting4 жыл бұрын
Happy to help! 👍
@amirunited29034 жыл бұрын
limit buy 2:36
@thebarajas29014 жыл бұрын
Thanks dude ! I actually learned from you great video ! 💯💯🤙🏻
@EverydayInvesting4 жыл бұрын
Awesome, I'm glad I could help you! 👍
@andy-man34055 жыл бұрын
Great video about all the different ways of *buying* stocks. So dumb question....can all of these different types of orders also be used to sell? I would be more fearful of a sudden drop in the stock and would want to automate the sale of my shares.
@EverydayInvesting5 жыл бұрын
Thanks Andrew. Yes all these same order types can also be applied to selling stocks on Robinhood as well. Here is a video I made breaking down how the order types apply to sell orders on Robinhood: kzbin.info/www/bejne/fmqVZpx-qZ5_qrc 👍
@goodkarma19035 жыл бұрын
Two questions: when buy you need the cash available . Where do you keep the cash available? Is there s core position ? Coz transferring from your bank takes time to deliver? Is there a minimum purchase?
@EverydayInvesting5 жыл бұрын
Cash sitting in your Robinhood account that is not invested is held in what's called your "buying power." This is basically where your cash is held while waiting to be invested. So when you buy it will pull from your buying power, not your bank account. There is no minimum purchase amount, except for the price of the stock itself.
@BlackDragonJEM3 жыл бұрын
thank you for explaining the differences in market orders. If you can please make a video with more details and examples on the last two options (Stop Loss & Stop Limit) I would greatly appreciate it. Thank you again!!! :)
@markpearson41064 жыл бұрын
Really good video. One question, could you tell me how I can place a limit order for multiple shares?
@EverydayInvesting4 жыл бұрын
Thanks Mark. Yes, before placing a limit order you will see a box that says "number of shares." This is where you can specify how many shares you want to buy or sell 👍
@veeds741236 жыл бұрын
Fantastic video! You explained it better than any video I've seen. Thank you.
@EverydayInvesting6 жыл бұрын
Thanks a lot, I appreciate the feedback!
@bertrandrussell64704 жыл бұрын
I have a question about buying stocks at market price. If the price goes up within the buy range (I believe this is 5%) and I have less funds available to me, will the transaction go through? Example: I buy stock X at market price of $100 on Saturday and I have $102 in my account. On Monday, if the stock is worth $104 will I be in the hole 2 bucks or is the transaction canceled?
@EverydayInvesting4 жыл бұрын
Hey Bertrand, that is a great question. I have never encountered this scenario on Robinhood yet, as most market orders will generally fluctuate up or down by just a few cents. But in the event the market price rises above your available buying power at the time your order goes through, I believe it will cancel as you won't have the funds to cover the purchase. In your example, if you bought a stock at the market price of $100 on Friday (with $102 of buying power) and on Monday the stock price rose to $104, you will still have bought the stock at $100 but it would now be worth $4 more than what you bought it for.
@jorgetrujillo28436 жыл бұрын
Thank for your informative videos. Now, I have a question: why would you want to buy at higher price on Stop Loss or Stop Limit ?
@EverydayInvesting6 жыл бұрын
No problem. You are right, for buying this is not an order type that is very common. The only reason I could think why someone would put in an order to buy at higher price would be for fear of missing out. Maybe they are on the fence on a particular stock but if it suddenly starts to take off they don't want to miss out on further gains.
@timo40405 жыл бұрын
very good and clear explanations....thanks
@EverydayInvesting5 жыл бұрын
No problem 👍
@stokes1111112 жыл бұрын
Thank you so much for this video! Sometimes I see people naming their own price for a share when they go to buy, but I don't think its a limit order, there are probably people just selling their shares for less than the current market value yet more then what those folks originally paid for it. Do you know how I can do this? I was trying to do this on M1 finance too. Thank you!
@123resell35 жыл бұрын
very helpful thank you
@EverydayInvesting5 жыл бұрын
I'm glad it was helpful 👍
@baileycoleman24624 жыл бұрын
thank you for explaining. after i saw this video i liked and subscribed because of how good you explained everything.
@EverydayInvesting4 жыл бұрын
Thanks Bailey! I'm glad to hear I could help 👍
@gvlasovnd86305 жыл бұрын
very helpful, thanks man :)
@EverydayInvesting5 жыл бұрын
No problem, I'm glad it was helpful 👍
@maxjoey1976 жыл бұрын
how about the selling stop and limited sell stop
@EverydayInvesting6 жыл бұрын
Here is a video I made explaining the sell order types on Robinhood: kzbin.info/www/bejne/fmqVZpx-qZ5_qrc
@RyanRicker4 жыл бұрын
Thank you! Just what I needed. Onto your next videos. 👍
@EverydayInvesting4 жыл бұрын
Thanks Ryan, I'm glad it helped! 👍
@rrickynsc28555 жыл бұрын
Thank you.. very good video.
@EverydayInvesting5 жыл бұрын
Thank you, I'm glad it was helpful 👍
@LiLisLounge5 жыл бұрын
How long after purchasing a market buy can the funds be withdrawn?
@EverydayInvesting5 жыл бұрын
If you want to sell any stocks or ETFs you own, you must wait 2 trading days after the day of the sale for the transaction to clear. So on that 3rd day you would be able to withdraw those funds back to your bank 👍
@LiLisLounge5 жыл бұрын
@@EverydayInvesting Thank you so much for the reply and for educating those of us who are less in the know!
@SelahAvery4 жыл бұрын
THANK YOU SO MUCH FOR EXPLAINING THAT 🎈🎈🎈
@EverydayInvesting4 жыл бұрын
You're welcome Selah, I'm glad I could help! 👍
@miguelortiz76585 жыл бұрын
Great info, well explained...
@EverydayInvesting5 жыл бұрын
Thanks Miguel, I appreciate it 👊
@themystery49774 жыл бұрын
Can you buy stocks and set a stop loss right away as a day trader (25k portfolio)?
@EverydayInvesting4 жыл бұрын
Yes, you can set a stop loss immediately after buying a stock 👍
@princehakim._64273 жыл бұрын
How do you change your limit buy purchase to market etc
@EverydayInvesting3 жыл бұрын
The only way is to cancel the existing order and place a new order 👍
@princehakim._64273 жыл бұрын
@@EverydayInvesting just did that and replaced order. Dogecoin
@moutalibb.58475 жыл бұрын
thank you
@EverydayInvesting5 жыл бұрын
No problem 👍
@milyvarios3 жыл бұрын
Hello, thank you for the video. My Robinhood App only shows “limit”or “market” under sell type. Do you know how I can see the other sell types? Thanks
@catskillyeti24054 жыл бұрын
Awesome thank you brother👍💪💪
@EverydayInvesting4 жыл бұрын
You got it Vinny 👊
@davidalvarado49384 жыл бұрын
So the limit, stop loss and stop limit only deals with single shares or can i buy multiple shares at one time with those options?
@Mars_wrrldd3 жыл бұрын
simplified; thanks
@Eplusme6 жыл бұрын
If buy a stock right "while the market closed" using the market order type, the stock price now is $1 but as soon as the market opens the price moved to $2. in this case what price I will be charged ? also there is checkbox for "This order should only execute during normal market hours" what is the difference if I check it or not? thanks a lot for ur great video
@EverydayInvesting6 жыл бұрын
If you use market order type it will buy at the price when the market opens. So if it opens at $2 it will buy it at $2. That checkbox basically means it will only execute the trade between normal trading hours which is 6:30am-1pm PDT. Robinhood also offers extended trading hours which is from 1-3pm PDT.
@andrew54075 жыл бұрын
@@EverydayInvesting Is this right ? I thought theres a 5% cap ?
@alexandersandino19884 жыл бұрын
In the end of the day isn't "limit order" the same as all? For example the stop loss... if I'm waiting for it to be above a certain price... can't I just set it at a higher price with limit order ? so it can buy ? The limit order can be for a maximum price or lower... (I don't want to buy it now at 5.45 but when if it hits 5.75, Can't I just set the limit price to buy at 5.75 in the first place ?) And same thing for stop limit order ? Can't I just place a limit order at a specific price ? (Low or high.) to buy/sell.
@BAYPASO6 жыл бұрын
Can you set a stock to sell at a high order and or to stop loss and a lower order at the same time
@EverydayInvesting6 жыл бұрын
Unfortunately, you cannot set more than one order type at a time. You must cancel one first to place another.
@BasicsForTheBODY4 жыл бұрын
Hi how can i edit my limit order from good for a day to good until cancelled?? Thanks for the video!
@EverydayInvesting4 жыл бұрын
I believe you have to cancel your original limit order first. And then place a new limit order with good till cancelled 👍
@ghanshyamzambare82525 жыл бұрын
NIce! Helped!
@EverydayInvesting5 жыл бұрын
Awesome, I'm glad it was helpful! 👍
@Jcoatsishappy3 жыл бұрын
Great content!
@GilCuriously5 жыл бұрын
Fantastic video! Do you have a similar video explaining options trading? If not, could you make one please?
@ModernDayTech6 жыл бұрын
I've been watching your portfolio value grow lol.
@EverydayInvesting6 жыл бұрын
The eye in the sky
@chickenpasta225 жыл бұрын
Very helpful. Ty
@EverydayInvesting5 жыл бұрын
Thanks, I'm glad I could help 👍
@solar6795 жыл бұрын
Great video
@EverydayInvesting5 жыл бұрын
Thank you, I'm glad it was helpful 👍
@kamoruajagbe-balogun57033 жыл бұрын
@Mayowa, are still using robinhood to place order ?
@yvnks-4 жыл бұрын
I did a market buy for Tesla yesterday but it’s still pending will I make the profit made today that Tesla made once the order is fulfilled?
@EverydayInvesting4 жыл бұрын
A market order will fill immediately when placed during trading hours. If a market order is placed after trading hours it will fill immediately at the start of the next trading day 👍
@tatianacoll80454 жыл бұрын
Thank you for this. You explained it perfectly and thoroughly, I appreciate it so much! So excited to finally get into the stock market after so many years of interest in it and research.
@lerinhar4 жыл бұрын
For market order, is there an option for "until cancelled" or do I only have the option of "good for day"? If there is an option for "until cancelled", how do I select it?
@EverydayInvesting4 жыл бұрын
Yes, when you place an order on Robinhood you'll have the option to make it either "Good-til-Canceled" or "Good-for-Day." This choice will appear during the final step of placing your order 👍
@lerinhar4 жыл бұрын
@@EverydayInvesting thank you for the reply but I tried doing so and message I get is swipe up for "good for day". For some reason Robinhood is just not giving me that option under marker order. I was told I would need to select the gear option when I'm about to buy a stock to change to "until cancelled" but there is no gear option for me 🤦🏾♂️.
@EverydayInvesting4 жыл бұрын
@lerinhar I think I just figured out the reason. It seems that the "good-til-cancelled" option is only available for limit orders, stop orders, and stop limit orders. When I checked any of those order types, it gave me the option in the final step to either choose "good-for-day" or "good-til-cancelled." But when I tested for a market order it only gave the option of "good-for-day." 👍
@lerinhar4 жыл бұрын
@@EverydayInvesting ok thank you so much for the clarification!
@garymullins79576 жыл бұрын
Can you have a limit order and a stop loss order placed on the same share at the same time?
@EverydayInvesting6 жыл бұрын
No you can only have one order type at a time on the same share of stock. So you would have to cancel one of the orders in order to create another one.
@cristalvegapineda18096 жыл бұрын
I don't have a brokerage account. Like e-trade. Do I need to make one before I use Robinhood?
@EverydayInvesting6 жыл бұрын
No you don't need to. Robinhood is it's own brokerage account so you can use it on its own.
@Tiktokshopsecrets5 жыл бұрын
thanks
@EverydayInvesting5 жыл бұрын
No problem man 👍
@AnthonyRodriguez-ds3mh6 жыл бұрын
Great video thanks question for you - on the limit order for both sell and buy does it allow to chose a number of shares you want to say sell, like a market order does? i.e. I have 50 shares in company ABC market price is $10 and I put a sell limit order at $12 does it give me the option to specify only sell 25 shares or will it sell all 50 shares at $12? and does it do it for when you put a limit buy order?
@AnthonyRodriguez-ds3mh6 жыл бұрын
ok I answered my own question I just didn't want to mess anything up on my account but I tried it anyway and yes it does allow you to specify the amount of shares you want.
@simonamos94684 жыл бұрын
hi bro are the buy options the same on the web version
@EverydayInvesting4 жыл бұрын
Hey Simon. Yes, these same order types are available on both their mobile app and their desktop web version 👍
@dezire6964 жыл бұрын
how doi change from market order to dollar so i can buy a fraction of a shares versus a whole share
@xquakexx3 жыл бұрын
I.e... a stock is riding at 2. How do I get to trigger a sell once it reaches 7 and not a dollar lower?! r*hood keeps saying it will execute immediately making me think it will sell indefinitely
@philS2k026 жыл бұрын
once an order limit is place, i know it wont go down to this number i place but how do i cancel it? isnt it not GTC or will it go away after a certain number of days?
@EverydayInvesting6 жыл бұрын
It is either good-til-cancelled or till the end of day depending on how you set it. To cancel the order you just have to click back on the stock and scroll down to where it shows your pending orders. If you click on it you will have the option to cancel it.
@philS2k026 жыл бұрын
turns out it was a glitch with the app. its fixed now. Thank you though!
@vinnievin4365 жыл бұрын
thanks!
@EverydayInvesting5 жыл бұрын
No problem! 👍
@blank3365 жыл бұрын
The limit order (selling/buying) of stocks are different than the limit order (selling/buying) of cryptocurrencies. Care to explain the limit orders for cryptos?
@ozzyfromspace5 жыл бұрын
All I heard was, “lets automate this.” There’s so much potential for a few machine learning algorithms here. Thanks for the video man, I definitely learned a lot more about Robinhood! Best, -\Float.
@EverydayInvesting5 жыл бұрын
Thanks man, I'm glad it was helpful!
@TheRatMan_6 жыл бұрын
Do you have a video of what is Buying Power?
@EverydayInvesting6 жыл бұрын
I do not. But basically buying power is simply how much money you currently have available to invest. For example after you sell a stock it will take 2 days for the sell to clear before the proceeds from the sell are ready to be reinvested. Once the 2 days has passed the funds then go back to your buying power. Now if you do the free upgrade to Robinhood Instant, money from sells will be instantly credited back to your buying power. I'll do a video on Robinhood Instant soon.
@TheRatMan_6 жыл бұрын
Investing Apps TV thank you for telling me because I wanted to test the stock market game. I subscribe now!
@alexandersandino19884 жыл бұрын
In the end of the day. Can't I just use limit order to do everything ? I've never really understood the point of the others...
@EverydayInvesting4 жыл бұрын
Yes, you definitely can. The limit order is best if you're looking to trade stocks in the short term. For long term buy and hold investors, the market order may be preferred, as the difference of a few dollars wouldn't make much of a difference over the long term 👍
@Shaniloka3694 жыл бұрын
How come I don't see the limits option on my app?
@missdescadedescade39153 жыл бұрын
Thank you sooooo much. I’m new to buying stocks and crypto and you’ve just helped me so much with a mistake I just made that cost me thousands of dollars😫. But you live and you learn
@preciousa97244 жыл бұрын
Do you have a video on how to purchase 100 shares of your call option instead of selling it? If none, please advise how to do it?
@jmars8074 жыл бұрын
Wow! Awesome!
@EverydayInvesting4 жыл бұрын
Thanks, I'm glad it was helpful! 👍
@questionmore47134 жыл бұрын
Hello sir can you do scalping stock trade on robin hood app?
@EverydayInvesting4 жыл бұрын
You are limited to no more than 3 day trades in any 5 trading day period, unless you maintain an account balance of at least 25k. This is standard for all investment brokerage accounts. But you can make unlimited swing trades.
@TheLestat5063 жыл бұрын
Dose anybody know what happening w Robinhood phasing out securities? And what dose that mean
@Big_Krone3 жыл бұрын
I set the limit price too high on a stock on accident. I set it for $.90 when the stock was worth $.09. It charged me at a rate of $.90 which is way above the price the stock is going for. Will I get the rest of my money refunded?
@Big_Krone3 жыл бұрын
I set the price with a limit buy
@mannysavage883 жыл бұрын
The limit option is trash, I watched the price drop and it didn't execute my order! I cancelled the limit order and just ordered it myself, I almost missed an opportunity messing around with limit ordering
@miltonromero55336 жыл бұрын
Good video
@EverydayInvesting6 жыл бұрын
Appreciate it!
@rustymilk59496 жыл бұрын
Hey man i set limit orders a couple of times on doge coins , it passed my limit price like 5 times but never excused my order. Why didn’t it buy even when it’s passing my limit i set it to Example: i set to 0.003559. It landed on that like 5 times but is constantly going up and down how come it won’t buy it at that price?
@EverydayInvesting6 жыл бұрын
Hmmm, I would think there may have been limit orders that were placed by other users before yours that had priority to get filled first. That's usually the reason a limit order may not get filled immediately when a price is reached. But if it still doesn't execute after a while I would try cancelling and placing a new limit order, in case this was a glitch.
@TheGabesnell5 жыл бұрын
from what i understand of rombinhood limit orders only buy at the exact value, so its hard to do with volatile orders. loss orders will buy/sell at the nearest possible price once triggered
@bhcbhc5 жыл бұрын
Reason to Stop loss, you want the price to drop even further, but regrets if it actually rises; you rather cut the losses and just take the deal.
@JDVaron4 жыл бұрын
Hey my order status is still queued and good for day. If I cancel that order. Does that order money go back to my buying power right away?? Thanks
@EverydayInvesting4 жыл бұрын
Hey Juan. Yes, that is correct. As long as you have an order open that money will be temporarily held from your buying power. But as soon as you cancel an open order the hold on those funds will be immediately removed and they will instantly appear back in your buying power 👍
@amirunited29034 жыл бұрын
stop limit 5:45
@amirunited29034 жыл бұрын
Stop loss 4:07
@jayhilton54295 жыл бұрын
It doesnt give me the 4 options. It only let me make a market or limit
@jayhilton54295 жыл бұрын
Instead of saying "order types" on the top right, it says "limit order"
@EverydayInvesting5 жыл бұрын
Hmmm, I am not sure why yours doesn't have the order types option. I just checked mine and I still have the "order types" on the top right with the 4 options. I would make sure your app is up to date and maybe reinstall it if necessary. If it still doesn't show I would contact their customer support so they can help you.
@JunebugPresents5 жыл бұрын
You did a great job explaining. Unfortunately, it is still overcomplicated. That's Robinhood's fault. Couldn't they just use basic old Market-Limit-Stop? You know, Buy Limit, Stop Loss and Take Profit?
@EverydayInvesting6 жыл бұрын
Thanks for watching! If you have any questions about the Robinhood buying order types feel free to let me know in the comments below.
@thomasgolden90404 жыл бұрын
I bought my first stock and it was a limit order I didn’t know anything about the types is this a mistake? Should I sell it and rebuy it as market order?
@EbenezerNimh2 жыл бұрын
Thank you
@EverydayInvesting2 жыл бұрын
No problem 👍
@shehzadchowdhury83275 жыл бұрын
How to we change order types when we buy or sell options?