How do I buy on td easy trade with a stop loss is set but also a price where I can sell for profit I am not sure what to do
3/16/2026 11:47am
To buy on TD Ameritrade with a stop loss and a target sell price, you can use a combination of a **stop-limit order** and a **market order**. Here's how you can set it up:
1. **Stop-Limit Order**: This is your protection order.
- **Stop Price**: Set this to the price level below which you don't want to risk losing money. For example, if you bought at $100 and want to protect against a significant drop, you might set this to $95.
- **Limit Price**: This is the price you want to sell at if the stock hits the stop price. For example, you might set this to $105, which is a reasonable profit target.
2. **Market Order**: This is your profit-taking order.
- **Market Order**: Set this to sell at the market price when the stock reaches your target price. For example, if you're targeting $110, you would place a market order to sell at the market price when the stock hits $110.
### Example Scenario
- **Buy**: You buy 100 shares at $100.
- **Stop-Limit**: Set a stop price at $95 and a limit price at $105.
- **Market**: Set a market order to sell at $110.
### What Happens:
- If the stock drops to $95, your stop-limit order will trigger, and you will sell at $105 (the limit price).
- If the stock rises to $110, your market order will execute, and you will sell at the market price.
This way, you have a safety net with the stop-limit order and a profit target with the market order.