Hi! I’m a new guy to trading and I’ve been slowly acquiring some safe stocks; however, I’m not a multi-millionaire (college student) and I was wondering if there’s an action type that would allow me to set a lower limit for a stock that I own and which would execute if my stock reached that low. For example, let’s say I own stock X and I bought it at $165 and it’s now $180. I’m worried that the stock will fall below $165 in the future. Is there an action that I can place on the stock that is GTC and which will execute if the stock reaches the minimum limit of $165? Thanks for the help!!
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