|
|
| Discuss doubt ! at the Beginners Guide within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi all ! i am new to trading ... i just want to know if ... |
|
|||||||
| Notices |
| Beginners Guide New to trading and investing? Discuss the basic steps to becoming a trader or investor here! |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
1st October 2007, 09:46 AM
|
|||
|
|||
doubt !
Hi all ! i am new to trading ...
i just want to know if i place a buy order for a script above the market price ..will the trade get executed? eg: suppose ITC market price is 190 rs.. i place a buy order at 194 rs... will the trade get executed when i place the order???? .... please clarify this.. am very confused ! . 
|
|
#2
1st October 2007, 11:54 AM
|
|||
|
|||
|
Re: doubt !
As per my knowledge trade will be executed at prevailing market price. However, stock exchanges fix minimum and maximum price range for every scrip. I mean to say your abnromal higher buying price can be executed upto that range and thereafter it will be rejected.
|
|
#3
1st October 2007, 04:26 PM
|
|||
|
|||
|
Re: doubt !
experts.. any views on this?
|
|
#4
1st October 2007, 05:06 PM
|
|||
|
|||
|
Re: doubt !
Quote:
Your order in simple words would be something like this : If ITC trades at 194/- buy X quantity at 194/- (This figure can be anything at 194 or more) This type of orders are very common, when people who wish to buy on a Technical Break Out place orders at levels above the brakout levels.
|
|
#5
4th October 2007, 03:40 AM
|
|||
|
|||
|
Re: doubt !
To further to the question ,do all online brokers ..Eg IndiaBulls PIB ,ODIN ..have this facility to put a limit order above the market price ?Also do all the online brokers have After Market Orders ,are there any how dont have this facility ?I work odd hours hence need to put my orders at 6.00 or 7.00 Am .Please let me know .
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
