Alerts are designed to notify you when certain market conditions occur. They can help you manage risk on open positions or alert you to opportunities as favorable market conditions appear, depending on the type of conditions you include in the alert.
Navigate to the Quotes tab and select Watch Lists, then click on the Alerts tab.
Creating Alerts
Choose one from your positions from the Positions view under Accounts by clicking the Alert link at the end of a Symbol row.
An Alert does not initiate orders. Use Advanced Orders if you want to send an order when your conditions are met.