Trying to set a bracket stop for an NYSE stock but MW doesn't let me set stop by dollars or cents -- only by ticks or % of account.

[BenjFranklin]

How can I set a stop by dollars or cents? Thanks

 

[luissantillana33]

I just did this with $SPY so i am not having that issue. Can you post a picture of what is happening to you?

 

[BenjFranklin]

Hello Luis. Please see the attached image (not sure why it's posting here so small; sorry). The red circle shows only Percent or Ticks for Offset Type. There is no option to set my stop with dollars or cents. The blue circle shows the Stop Offset that I would like to be $10. I'm sure I'm doing something wrong; just not sure what. Thanks.

 

[luissantillana33]

each tick is .01, so i have a .20 stop with a 0.35 take profit per the chart & numbers on it. idk what yours shows via the chart, but this is how i have mine & it works fine. The ticker i used was $SPY btw

 

[BenjFranklin]

Thank you Luis! Now I get it. I don't think the user's guide says one tick equals one cent, and thanks to you, I understand how it works.

 

[luissantillana33]

Thank you Luis! Now I get it. I don't think the user's guide says one tick equals one cent, and thanks to you, I understand how it works.

ok no worries, glad to help!