What is “Breakthrough buy”?
What is “Breakthrough buy”?
Investors set a specific breakthrough buying price and the system will place an order automatically after the price is reached. “Breakthrough buy” order is usually set to buy stocks when investors believe the stock price will continue to rise after breaking through the pressure level.
“Breakthrough buy” smart order currently supports US stock pre-market and after-hours trading.
Instruction
When you believe that a stock will rise sharply in the future, and hope to buy it immediately when it breaks through a certain price. You may set the conditions through “Smart Order” - “Breakthrough buy” to buy a stock when it breaks the expected price.
Let's look at the steps:
STEP 1 Select stock
Enter the stock for “Breakthrough buy”, typically are the stocks with better fundamentals and prices that may rise sharply in the future.
STEP 2 Set a conditional point
Enter the trigger price, generally the price that can continue to rise after breaking through the pressure level.
Fill in the appropriate target price based on your analysis of a stock. When the stock price breaks through to a specified price, the buy order will be triggered.
STEP 3 Set the condition
Set the Price and Quantity
STEP 4 Select effective time and place order
For the valid date, same day/ 2 days/ 3 days/ 1 week/ 2 weeks/ 30 days/ 60 days/ 90 days are available, and can be extended by changing the order.
Click unlock to trade and submit order. The submitted order can be viewed under the smart order page, and the order can be modified as needed.
*You are not allowed to modify if the “Breakthrough buy” order has been triggered, but you may cancel the order and place another order again.
Order time
Anytime
Order valid date
Same day/ 2 days/ 3 days/ 1 week/ 2 weeks/ 30 days/ 60 days/ 90 days are available, and can be extended by changing the order.
