How To Buy GameStop Stock (GME) Using TD Ameritrade In 2023

If you’re looking to invest in Gamestop (GME) stock through TD Ameritrade, you’ve come to the right place.

TD Ameritrade is a popular brokerage firm that allows investors to trade stocks, ETFs, bonds, options contracts, and other securities.

1. Log In To TD Ameritrade

To begin the process, you’ll need to log in to your TD Ameritrade account at tdameritrade.com.

Once you’re logged in, you can access the order screen by hovering over the Trade tab and selecting Stocks & ETFs.

Once you’re on the Buy & Sell page, select the Action menu and choose Buy.

Then, enter the number of shares you’d like to purchase and the GME stock symbol, which is “GME”.

2. Order Type

The next step is to select an order type.

There are several options to choose from, including:

• Market Order: This is the simplest order type, and it means you’ll buy GME shares at the current market price. However, keep in mind that market orders do not have a set price, which means you may end up paying more or less than you expected.
• Limit Order: A limit order allows you to set a specific price at which you’d like to buy GME shares. If the stock price drops to that price or below, your order will be executed. However, keep in mind that there is no guarantee that your order will be filled at your chosen price, especially if the stock is moving quickly.

3. Time In Force

Once you’ve selected an order type, you’ll need to set a price (except in the case of market orders) and choose a time in force.

The time in force determines how long your order will remain open.

You can choose from several options, including:

• Day Order: Your order will remain open until the end of the trading day.
• Good-Til-Canceled (GTC) Order: Your order will remain open until it is filled or until you cancel it.
• Good-Til-Date (GTD) Order: Your order will remain open until a specific date that you choose.

4. Review

After you’ve set your order type, price, and time in force, you’ll need to review your order to confirm that everything is correct.

Once you’re ready, select Place Order to complete your purchase.

It’s important to note that buying stocks always carries some level of risk, and the value of your investment can go up or down.

Before making any investment decisions, it’s important to do your research and consult with a financial advisor if needed.

Conclusion

In summary, buying GME Gamestop stock using TD Ameritrade is a straightforward process.

As always, it’s important to do your due diligence before investing in any stock, and to be aware of the risks involved.

This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.