Placing a Market order instructs TC to buy or sell a certain amount of a stock at the current Market price. This order type is often used when getting filled is the primary and price is a secondary concern. These steps demonstrate how to use the standard order ticket to place a Market order. This opens a standard Order Ticket at the left of the chart with the fields pre-filled based on the current market ask price.
Click the Qty button to choose the desired quantity for the order. Quantity can be set on any one of these four basis:.
The time-in-force field is used to choose the duration, either GTC good-til-cancelled or Day good for the current trading session only. This step is optional and only used if an order dependency is desired. Live market trading requires an account with TC Brokerage www. All securities are offered through TC Brokerage, Inc. View in admin portal Edit content on web Edit in desktop.
Click the Buy button at the top of the price pane to open the Buy order menu. Make Edits to the Order ticket The on-chart order ticket contains these fields which can be edited on the fly: Set Quantity Click the Qty button to choose the desired quantity for the order.
Quantity can be set on any one of these four basis: Number of shares--the actual number of shares desired Dollar Value--a dollar amount the program will select the closest number of shares to that dollar value Percent of Buying Power--some percent of the available buying power in the account Percent of Cash--some percent of the available cash in the account. The typing fields for Shares or Dollars allow user-defined values not shown on the tables.
Set the Duration The time-in-force field is used to choose the duration, either GTC good-til-cancelled or Day good for the current trading session only.
Select a Stop and Target to create a bracket order. The OTA ticket is pre-filled with the user-defined values for a bracket order. Confirm to place order.More...