So from the looks of everything I am doing fairly well on here. Maybe it's a natural thing for me and the stock market. However, I am still completely lost on things. I have figured out how to read and analyze the charts. I know how to perform a trade, I also think I figured out shorts. To make sure I have it's when you put in for a short when the cost of the stock is high and then cover when it has fallen low....correct? The only thing that I am confused on right now is if I want my stock to automatically sell when it hits a certain price how do I do that or can I. So if I own stock at $20 per share and want it to automaticallyl sell when it hits $30 per share is there a way to set that up? It's been awesome here and I am really enjoying it. HAPPY TRADING!!

You're right about SHORTing.. There is a STOP sell order you can do for selling automatically and that works for a buy also...GOOD LUCK

Stop Order

An order to buy or sell a security when its price surpasses a particular point, thus ensuring a greater probability of achieving a predetermined entry or exit price, limiting the investor's loss or locking in his or her profit. Once the price surpasses the predefined entry/exit point, the stop order becomes a market order.

Also referred to as a "stop" and/or "stop-loss order".

Investors commonly use a stop order before leaving for holidays or entering a situation where they are unable to monitor their portfolio for an extended period.

Stops are not a 100% guarantee of getting the desired entry/exit points. For instance, if a stock gaps down, the trader's stop order will be triggered (or filled) at a price significantly lower than expected.

Traders who use technical analysis will place stop orders below major moving averages, trendlines, swing highs, swing lows or other key support or resistance levels.

gl

I am feeling confused as well.  Do you have to have bought the stock first to use the "cover" trade command?

I agree with you that is a wonderful educational game!

you have to "short" the stock before you can "cover" it.  i.e. short when the stock is high and cover when it goes below the price you bought it at.

Thanks!