Help & How To ScottradeELITE Trading Stocks, ETFs & Options Order Entry Placing a Stock or ETF Order
From the main toolbar, click the Order Entry button. View Graphic 
The Order Entry window appears with the default settings of Order Type set to Market, Route to Auto, and Duration to Day.
Enter the Symbol and Quantity. The Last, Bid and Ask will appear.
Select Order Type from the drop-down menu, and type the Limit or Stop price if selected. Note that you can click on one of the quote buttons to quickly fill the limit price with that quoted price.
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Specify Day, GTD (good til Date) or GTC (Good til Cancelled) from the Duration list.
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Select AON (All or None) from the Qualifiers list, if needed.
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Select your account.
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Submit the order by clicking one of the buttons (Buy, Buy to Cover, Sell, Sell Short)
Note: The order is submitted as soon as the button is clicked. There is no confirmation message.
Once the order is submitted, the status of the order appears in the Trading Log. When the order is confirmed, order confirmed appears at the bottom of the Order Entry window. The order number shows in your trading log.
Note: If you place an order through a broker, click Reload Trading Data on the Trading menu to view the trade information in ScottradeELITE.
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Online market and limit stock trades are just $7 for stocks priced $1 and above.
Any specific securities, or types of securities, used as examples are for demonstration purposes only. No information on this Web site should be considered a recommendation or None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.
Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.
Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.
Margin trading involves interest charges and risks, including the potential to lose more than deposited, or the need to deposit additional collateral in a falling market. Margin Disclosure Statement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts.
Options involve risk and are not appropriate for all investors. Detailed information about the risks associated with options can be found in the Scottrade Options Application and Agreement, Brokerage Account Agreement, or by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation, or by requesting a copy from your local branch office. Supporting documentation for any claims will be supplied upon request.
Market volatility, volume, and system availability may impact account access and trade execution.
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