How To Buy Stock On Ameritrade Review

Leo took a deep breath and clicked Review Order. A summary popped up, calculating the total cost plus the $0 commission fee. It looked correct. With a final, decisive click, he hit Place Order.

Next came the Action. He clicked the dropdown and selected Buy. For Quantity, he started small—fifty shares. He didn't want to chase the price, so instead of choosing a Market order, which would execute instantly at any price, he selected Limit. He set his price at $24.50, exactly where his research suggested the support line sat. how to buy stock on ameritrade

He glanced at the Expiration. Day only. If the stock didn't hit his price by the closing bell, the order would vanish. That was fine by him. Leo took a deep breath and clicked Review Order