Wednesday, July 23, 2008

Buy Stock Using a Snap Ticket

Placing a stock order on TD Ameritrade is quick and simple. Follow these steps, and you are on your way to stock trades.

Navigate to TD Ameritrade's website and log in on the right side of the homepage using your userID and password.

A small frame will appear on the bottom of your screen. This is called a snap ticket. Navigate to the far left column of your snap ticket and click the "buy" button.

Navigate to the column on the immediate right of the first column. Fill in the Qty space in whole numbers using your 10-key pad or numbers at the top of your keyboard.

Type the three or four letter symbol for the stock you wish to buy in the Symbol window.

In the "Order Type" window use the drop down menu to choose the type of order you wish to place.

Navigate one column to the right and enter the price you are offering for your stock in two decimal money standard.

Underneath the "Price" window you will find the "Expiration" window. Use your mouse to choose the expiration type of your order with the drop down options.

For most standard stock purchases the defaults in the far right column are sufficient. These will allow your order to be routed automatically to without any specific instructions to the trading floor.

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