How to place your orders

We want to make sure that you get the optimal trading results and profits that you should be getting when you become a member. Part of that is understanding how to place your orders for both entering and exiting the trades.

Overall, it is very easy, so whether you’ve been an active trader or you’ve never really placed stock trades before, this is extremely easy to do.

By Saturday night each week, we will send out an email informing you that the list of stocks from each of the 4 portfolios for the next trading week are on the website. The list can be found at under the menu Strategies/Weekend Stock Trader or at this link.

 

It is important that you enter the trades on the first day of the next trading week.

 

Our simulated results are based on entering the stock on the 1st day of the next trading week at the open and exiting the stock on the first day of the following trading week at the open. For most weeks, besides holiday weeks, that will be Monday to Monday.

It does not matter what broker that you use.

It is best to enter your orders the night before the stock market opens, Sunday night.

For Buy Orders

Place your orders by entering a buy order for the number of shares you want to buy for the opening on Monday morning.

The important thing is for you to get in on Monday morning and exit on Monday morning the following week.

For Sell Orders

After the 1st week, you will be placing orders to BOTH buy the new stocks and exit the trades that you are in on the same day, Monday.

You exit the stocks the same way that you enter the new trades except that you place a sell order rather than a buy order.

You NEED to place both the buy orders and the sell orders at the same time. The reason why is that you need to free up the money from selling stock to buy the new stock.

Keep in mind that you need to have a margin account to place these orders. Even though you are not borrowing any money on margin. To get out of stock and use the money for new stock on the same day, a brokerage requires a margin type account.

If you have any questions on this, please write us so that we can clear up any questions and improve this information so that we all understand how to place our orders to get the great results tranquility delivers.

Thank you,

Steve & Cesar