Practice Placing a Stop Limit Order to Sell

Try it in a Practice Account

Please keep this window open. You will want to refer back to it as you perform this transaction. The following instructions lead you through the steps to perform in the main browser window.

In this example, you will place a stop limit order to sell 100 common shares of RBC (ticker RY). In order to practice this transaction, your Practice Account must already hold 100 shares of "RY".

Place a stop limit order to sell

1. Click My Portfolio Holdings under My Portfolio 
2. Choose Intraday view
3. Using the My Accounts drop-down menu, select the appropriate Practice Account and click Go
4. In the holdings table, locate your RBC shares and then click the Sell link (in the Actions column)
5. For Account #, confirm that you have selected the correct Practice Account from the drop-down menu
6. Sell is pre-populated as your Action
7. For # of Shares enter 100
8. Symbol and Market data will be pre-populated
9. For Price choose Stop Limit
10. Enter a Limit Price and a Stop Price (Note: Investors generally choose a Stop Price that is below the last Bid Price, and the Limit Price must be equal to or less than the Stop Price)
11. Select a Good Through period
12. Enter a contact phone number
13. Click Continue
14. Click Confirm on the Confirm Transaction page
15. Click Check my Orders under Place an Order or My Portfolio to monitor your trade status (Note: Because you placed a limit order it could take some time for your order to be filled, if it is filled at all)
16. Once the order is filled, click on Activity History under Place an Order or My Portfolio to see the transaction recorded in your account.