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Did Your Questions About Trade Get Answered?

Hey guys, this is our 8th Q&A column. We hope this helps. This week, we selected 5 questions regarding trade. Let's go through it!


Q1: How to set stop loss on moomoo?
A: “Stop" order is a special “condition-triggered” order that requires a specified up/down price (trigger price) and the actual order price. Once the stock price reaches the trigger price, the system will automatically submit the specified order to the exchange (equivalent automatically submit a normal order).
Let's take the following stock "AAPL" as an example. We firstly should choose "Conditional Order".
Did Your Questions About Trade Get Answered?
Secondly, we choose "Stop" Type to place the order.
Did Your Questions About Trade Get Answered?
Q2: Can I short selling?
A: Short selling is not supported for stocks with a stock price of less than $5. And it is also not apply to personal assets less than $2500.


Q3: Can I use unsettled funds to buy stock?
A: After selling stocks, technically you are supposed to wait 2 business days for settlement. But the funds from the sold stocks can be traded in other stocks.


Q4:Can I trade OTC stocks on moomoo?
A: Currently moomoo supports some of the OTC stocks trading. You can see it by going to the Markets-Opportunity-Hot ADR.
Did Your Questions About Trade Get Answered?
Q5: What is the maximum withdrawal amount?
A: There is no withdrawal limits. You can initiate a withdrawal as long as the funds can be withdrawn in cash.
Did Your Questions About Trade Get Answered?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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