A stock trader has mastered the different order types available for him through his stock trading broker
Once the stock market open, there will be a lot of stocks that are moving fast up and down it is your job to find a stock that looks good and make a plan for. In this stock trading plan you must include the price target for your stock and a stop loss in case the trade goes against you. Try to use all the available information you have on that stock in a three dimensional way. When entering a trade that has the technical pattern of double bottom it is normally a good thing to go to stop loss below the lows of the bottom.