Now you’ve learned a lot about what a conditional order is 👏
Let’s talk about actually making one 🚀
After you’ve considered a stock to invest in, or perhaps a favorite stock to buy more of, open up the stock on your Bloom app.
Then click “Buy” as usual 🏷️
Next enter the amount you’d like to purchase. Here’s where it gets special 😯
Instead of clicking “Continue” right away, look at the option next to Order Type 🔍
By default, you’ll see a 1 time order 👀
A popup that says “Select Purchase Strategy” will appear 🛍️
Here, you can choose between a standard 1 time order, recurring order or a ✨conditional order ✨
Once you click continue, the app will give you a quick diagram to explain what your conditional order will be! 🤩
You can set the limit price and adjust the desired purchase amount if you change your mind right before placing the order 🤑
Once you click continue/buy, congrats 🥳
You have just placed your first conditional order!