 What's up money geeks? Mr. V here. Welcome to another video guys. So in today's video I want to show you guys how you can edit Your orders on the we will platform So if you are in a position and you've put in either your stop loss or your take profit Can you edit that in real time? Can you move things around? So I'm going to show you guys how simple that is just for clarity though I'm actually recording this video after the market has closed I didn't get a chance to record it live when the market was open So I just gonna walk you guys through it, but hopefully down the road I should be able to record another video where I actually show you live But I have some orders here that we can actually use for this example But before we get started guys, if you're new to the channel I share my strategy on how I make $250 a day Trading the market with very minimum amount of money and just to get you started So if that's something that interests you go ahead and hit that subscribe button and the notification bell so you don't miss out on new content So if you can see right here, this is my screen Basically, I have a position right now if you can see this down here I have 2000 shares of SNMP That's a ticket symbol that I actually spent about $1,200 So let's get the details here before we actually jump in So I'm gonna show you guys the details of this particular trade So I bought it for about 2000 shares for 62 cents If you run it up, it might be 63 cents And it cost me $1,251.2 Again, just run it up, you can say it's $1,300 So that's how much it cost me And here, now that I'm actually trading this The market is closed, but what I did is I bought it before the market closed And then I'm in the money, $127.60 This is what I have done So far, I have two orders because the quantity of shares that I got is 2,000 So I have two orders of 1,000 each The first order that you see here is gonna sell 1,000 It's gonna sell 1,000 shares at 80 cents So you see that's my price It's a limit order, then 1,000 So if it hits 80 cents, you sell 1,000 And that way, at least I secure some profit And again, this right here is because the market is closed already, guys If the market were open, I wouldn't do this strategy I'll do a different strategy, which I'm gonna do a video A separate video on that one so you guys can actually see So I'm going to bet the market is gonna open at 3 a.m. central time That's my time And if I get up at that time or the market opens up And these stocks just push up to, say, 80 cents It's gonna sell 1,000 shares I'm not there watching it, but it's just gonna sell it for me That way I can secure some profit The only downside is if the market opens And it reverses from there And then I would lose all the profit that I have in this case But that's the risk you take Then the second order is gonna execute at a dollar Let me open up this one here so you guys can actually see So if I modify this, see here So I set it to sell at a dollar So if you hit a dollar from right now at about 68 cents If this thing is just gonna squeeze up to a dollar Sell the remaining 1,000 I'm not a greedy savage You guys know that and expect you not to be a greedy savage I could have put this to, say, two dollars But if it goes up to a dollar I'm already almost three or four hundred dollars With a basic investment of $1,200 So I'm not a greedy savage I wanna take my profit Even if I'm not there to see it Just secure that profit and get me out So the basic guide to the way it works Again, you can modify your order By just going here and clicking modify And changing this real-time, right? The other easy way that you can do is If you click on, see right here on the screen Where it shows the limit order that I have So sell at a thousand shares at 80 cents All you have to do is click on the order Just left click on the order Hold it, pull it down or up wherever you want it So if I move it down a little bit Now it's at 76 cents That's pretty easy So if this thing was moving and squeezing up fast All I had to do is just click here And drag it and drop it And that's it And that can secure some profit So if this candle that you see right here I could have just pulled this down And drop it wherever I want it So you just pull it down and say, hey, right here Sell this at that price And once you hit that price, it's gonna sell it So that's just pretty much the way it works Basically, editing your orders in Webull Is a very basic thing You should take advantage of it It doesn't mean that once you place an order That's it, that's not status quo You can always change it So in Webull, once you you can create Now what do you call a bracket order? So when I mean by bracket order Means if I want to buy a stock I can go in here I choose buy And I add on my limit It could be, you know If it's limit order, I don't use market order at all You put your quantity You put your limit price And then your time and force Mine is by default set to GTC Which is good till canceled So at that point, I don't have to worry about it So if I put the order in I go to sleep And that stock drop to the price that I wanted It would just trigger that order Execute it and now I'm in that position Then the other thing they have to be aware of too Is the fact that you have to stop Last order and take profit in Webull Which is life saving So let me show you guys how this works So when you place an order An easy way would be Let me just bring the screen up here So you guys can actually see very easy In this case, when you place your order The stop loss is right there You select that and you select your take profit It does the estimate for you So if you look here at the bottom Bottom of the stop loss It shows you the estimated amount of money That you can lose in that particular trade If the trade where it goes out It will stop you out at that point Then here it shows you the estimated amount That you would make if the stop went up To your take profit So this is kind of a strategy That you can use so that You're not glued to your screen You can walk away knowing that Okay, I risk 60 cents Or I risk 6 cents or 6 dollars or whatever So let's take for instance Let's say this stock was at this price And you put your stop loss at 61 cents And then you can put your take profit I say a dollar So if you buy 100 shares You can make 31 dollars if it goes to a dollar And your cost here is basically 68 cents So see it shows you here at the bottom So this is a life saver The only downside with stop loss and take profit Is that it doesn't work after hours Or pre-market Pretty much It works only during the market So in my case From 8.30 a.m. till about 3.30 p.m. That's when it works after that You cannot put an order that has Do a bracket order like this So if you try placing the order right now It won't work because the market is actually closed And again, it shows you right there On what the times are And this is all Eastern time So if your central time will be 3 a.m. To 7 p.m. Central time Which is awesome So again, one of the things I want to show you guys is That when I place my order I have time and force set by default So those two things I don't even have to worry about it So if you look here So let me close this Get rid of that and get rid of that So what I do is When I'm putting in my order I make sure that my extended hours Is set by default And my time and force is set by default And here's how you do it in Webull If you go down the settings Click on settings And then go down to trade Just look here It says Time and force Good till canceled So you can do it there Or go to cancel So I want to go to cancel And then extended hours Is either yes or no And that one yes So that way each time I'm putting in an order GTC is already No and it's checked for me And extended hours is already checked for me And that way I'm secure I don't have to worry about No doing multiple clicks It just reduces the number of clicks That you have to do Which increases your Your execution time Basically that's what I'm trying to say So I hope this was going to be helpful Again, the idea here Is that you have the capability Of being able to edit your orders As you see fit By simply In this case You can simply click on the order here And then do modify And modify or just click it And holding this red order signal here That you have on your chart You can just click on it Hold it Drag it up and down And just drop it wherever you want Whichever price that you like So that's it For this video guys I just want to show you guys that Right here I do have Today was a wonderful day So you guys can see here on the screen 840 dollars in profit Which is not terrible So I traded Unity I traded AGE And there right now as you guys can see 127 dollars up And then these are the two stocks That pulled me down today It was Simone and Tesla And BKYI 21 dollars and 31 dollars That's not too bad I'll take that Again I do cut my losses as soon as possible I'm not a greedy savage So let me know What do you guys think about The people platform How it's able to allow you to Edit your orders Do you use it In your trading strategy If yes Let me know in the comment section Again guys If you're new to the channel We I should try to show you guys My strategy on how I make 250 dollars a day With very minimum amount of money So if there's something that interests you Go ahead and hit that subscribe button And the notification bell So you don't miss out on new content And also If you are looking to get started with investing Weibo is currently running a promotion Where you get two free stocks Not one Two free stocks Just for opening your account And depositing 100 dollars Weibo is going to give you two free stocks So definitely check the links In the description below And as always guys Don't be a greedy savage Stay motivated You