With Edge Mobile, the following types of loss orders are available:
- Stop orders
- Stop limit orders
- Trailing stop orders
- Trailing stop limit orders
Learn more about the different order types available at Questrade.
Limit offsets
When using a limit order as part of a bracket, Edge Mobile gives you the ability to use custom limit offsets instead of a set price per share.
- $ Offset difference allows you to set the limit offset in dollars and cents.
- % Offset difference allows you to set the limit offset in percentage terms.
Both of these offsets are based on the final execution price of your primary order.
For example: If the primary buy order above executes at $125, and you have a take profit limit order with a 10% offset, this will trigger at $137.50 ($125 * 10% = $12.50).
After you add your desired bracket orders, you can easily preview your entire order before tapping the save button. Your profit and/or loss orders will be visible right below the security’s quote at the top.
Please confirm that everything looks good to go, then tap the green Save button to return to the main order entry screen.