I am new to investing. I noticed that I can setup rules to auto-sell stocks (I don't know the term for this rule). I cannot auto-sell a mutual fund based on some criteria. So take a simple example. I own stock in AAPL & MSFT. I can setup rules to sell the stock if they drop by 2.00 a share. TD Ameritrade does not allow me to do the same task for my pretend mutual fund consisting of just these same two stocks.
I understand the mutual fund is divided among many stocks (and possibly other markets). I also understand that managing many stocks in a mutual fund is more difficult than one or two. In the simple case, does it make sense to invest in a mutual fund when seem to have more control over the stocks?