Stock Markets Exposed

A question regarding buying and selling stocks?

Through online investing is their a method where I can put an amount that I want to buy the stock, and an amount I want to sell it so that it can be done automatically without me watching the stock every day waiting for the right moment. If there is, what is the name of this term, who offers it and is this offered in real time. If I want to sell the stock at 10.00 if somewhere during the day it reaches that point will it automatically sell or does this system take the price at the end of the day? I'd appreciate your answers and any other advice regarding trading stocks

Public Comments

1. Of course. It is called a limit trade. First you would enter you limit order for the price at which you would like to buy the stock at. Make sure you change the duration to 'Good till Canceled' so it doesnt expire that day. Once the order is filled, you can enter a sell limit.
2. You need a stock broker that is the type of service they provide.
3. You will need a stock broker with an appropriate system for this - someone like e*trade.com have pretty sophisticated systems. Remember that although a stockbroker will offer this kind of automation they do not guarantee the system so a hands off approach can be a little risky.
4. Most all online mainstream brokers offer limit orders, stop orders, and trailing stop orders. You definitely need to know how to use stop-loss orders and trailing stops before you ever invest any money into individual stocks.
5. you can do limit orders so you don't have to sit and watch the stock, I use scottrade for investing, they only charge around $7.00 per trade a good website to learn about investing is top10traders.com they give you 100k of fake money to invest and you can buy and sell anything you like just to see if you are any good at it. great way to learn
6. get out before you loose your shirt,it is in a panic sell