 Love it. What's going on money geeks? It's V here. Welcome to another video guys So in today's video, I want to quick show you guys how to enter what I call a bracket order On the webo platform because I know a lot of you guys have been asking that question as to how do you? secure profit and Edit the order Why you are in the trade? So I want to show that to you guys today But before we get started guys if you're new to the channel we talk about how to earn money How to save money how to invest and build wealth? So if that's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on new content. So Basically, if you are using the webo platform for trading like I do If you go on the trade you can see here you have your dashboard So this is my dashboard and your dashboard snagging look like is because this is my setup I think I have a video here on the channel that shows my exact setup Or I might do another video just to show you guys, but this is my personal setup So just to enter a simple order. There's multiple ways that you can go about doing that What would be you can use on the on the left side here, which is to me. It's an order entry form So you can basically Choose let's say by and then you choose the type or the other type It was a limit order you pick the limit order or market I don't ever really use market order unless I really want to sell real quick and get out of a position And I use the market order Then or if you say sell and you can pick that and they have the option of also shorting So that's the three options as far as What you can actually do. So let's say bye Once you have that you enter your quantity and you enter your price and then your time and force and also your You decide if you want to do an extended hour or just You know for the day extended hours will determine that you can you trade after the market closes in my case 3 p.m. Central So once you have that union place and that place that's it's just a simple order But to continue you would have to put You know your stop loss and you take profit So once you have that set up you can determine so and this is a good thing about we both I really like as I input my number here in terms of dollar amount It shows me how much I'm gonna I'm gonna lose in this trade or how much I'm gonna make so I can adjust that number Accordingly, but here's another way that you can actually enter an order on the we will platform So we didn't within this chart right here I just right click and then so wherever I right click that is where I can actually get in so if I say New order I can I can just click that and see the price where I clicked That's what gets filled over here. And so then I can input my information as needed So I'm gonna show you guys with a simple example here and show you how the bracket order actually works and how Once I'm in this is how I move the order around to secure profit And right now I'm actually looking at and I all this setup is not really good see that it got rejected Right on the V web here. And so I ideally this is not a good setup to trade But for the purposes of this example, I might have to use this just to show you guys Exactly what I'm talking about. Let me see. I'm just gonna go down here and see there's any other stock that I think has a good setup Not that I can see right here. So anyways, we're gonna use this so if we use and I oh I'm just gonna buy maybe one or two shares just to show you guys the example So if I use and I oh and I see that all this thing is approaching V-wap But ideally you want it to like really break V-wap and show some consolidation That is when you're doing a good trade, but in this case again, like I said, this is just for for this example So I would pick where I want to get into the trade. So oh man, see that's why I said This is not a good setup because it's not breaking V-wap and holding so Let's see. I might have to look for a different example because I hate to make one example that would get us in Trouble, I mean, I might lose a few dollars. No, yeah a few dollars here. That's fine. I'll try it Boy, he's keep going down. It's not good. Let's see. We can find something else. Let's see this Which stock is this okay, let's see square so square is like popping right now So we can buy one share of square just for the purposes of this video again I'm gonna put a tight stop loss just in case. So if I click right here at the bottom here at I'll say one ninety eight It's right one ninety eight fifty four because I train on one ninety eight Seventy eighty six. So if I if I choose that order there, I Input my criteria right move this on the site. So I want to the shares choosing case and then the price is one ninety eight fifty four and then see Xnet hours is yes Go to cancel that put my stop loss and take profit. So stop loss. I want to do I can say one ninety eight So if I say one ninety eight see it tells me that if I do this trade I would lose a dollar and yet I can say take profit. I'll say Just I'll not write one ninety eight. I'll say two hundred But if it goes to two hundred and I make two dollars and ninety ninety four and ninety two cents Sorry, so now at this point if I'm ready to place a trade and I can hit place the trade and now I'm waiting to see if these things pull back and then get me in the trade But in most cases if it's not working and I can actually move it closer to it So this is how I can easily move it if I just click on the buy order here and pull it up See it can get me closer to where I want to go some reason it's really slow to this So let's try this one more time. I just want to get into the trade and really show you guys So you can click hold it and drag it up to where you you want it to go Again, like I said, the thing is really slow today So at that point I have my order there and we're gonna get in but hey What if I don't want my stop loss to be right there? So again, that is something that you can fix. So right now we are in the trade So you can see I have a stop loss and I have a Stop loss and I have a take profit. So Basically, I'm just gonna be observing and see just look at where this is moving So again, I can move this closer to where I want it. So right now if anything would it go I would lose 92 cents in this trade if it went south but I stand to making about $2 in terms of profit if this thing was to go north Again, that's just the take profit part. But how do you secure secure profit once you are in the trade? Once this thing move up here, I really love to show you guys. I just hope that it is it moves up in our favor Okay, so if it moves up in our favor, basically all you have to do is in this case You can either come here Where it says stop loss so what you can do is click here and then do Modify order and then you can put in the price to update it. That's one way of doing it But if you don't want to be clicking and opening this form and entering the information again You can just click on on the Amount here on this stop loss that you have here Just click and hold and then pull it to where at whichever location you want it to go So in my case, let's say if I click here and hold it I can move it up and put it right there. So I reduce how much how much loss I'm going to take Or again now that I'm in the money I can say I can click it hold it and move it over and put it right there So for the most part, this is the best part that you want to be in a trade once If the trade is in the point where I can secure profit. I don't have to worry about Getting in the red. So now this thing goes south. She's gonna kick me out of that trade So this would be a really good example for you guys to see Right now if we hit that stop, I am gonna be out. There we go That was perfectly executed see it took me out and that was so if there's any profit I had I secure my profit If this thing starts to run back, I am not gonna be caught in in the process So again, just a quick recap here guys. This is very easy again on the Weibo platform I'm using the web app here. I'm gonna I can do a video on the desktop app so You can choose to use the other entry form here in my case. I have a Duck to the right here input your criteria stop loss and take profit Or you can just right click at the price where you want and choose new order It would then fill out the criteria is here and then once you're in the trade You can determine which direction you want to go. So this is yeah, this is where I was really perfectly executed So let me know in the comment section. Do you use this? Bracket orders on the Weibo platform and again guys if you are day trading This is a very very important tool for you to use because it takes all the emotion out of the trade So that way if you turn your back turn your head to answer a phone call You don't turn around and and see the thing goes south It will kick you out and then that way you can also secure profit so that if it goes out At least you have some money in there So in some cases when I'm trading fast if it's moving really fast I don't I don't have time to go in a putting that I'll just buy And then use hotkeys on my desktop and just sell which is awesome So and that's another way that you can actually get it But this was just a video to show you guys again how to use bracket orders to secure profit on the Weibo platform So let me know in the comment section if you have any questions again If you're new you're looking to get started definitely check out the Weibo platform They're doing their promotion where if you sign up now deposit $100 you get three free stacks one two three value somewhere between eight dollars and $1,600 so definitely give them a shot And see if it works out for you and as always guys Stay safe stay motivated