Pre-markets

AW10

Well-Known Member
#5
Most of the borker have feature to place After Market hour order on thier site. Refer to your broker and check the timing when their system accepts the order.
Generally u shd be place these After mkt to Pre Mkt order from 4.00 pm to 9.00 am.

In my experience, stay away from placing such order for daytrade, cause price behaviour at mkt opening is crazy and you might end up getting filled at the worst price of that day.
You are much better off by using limit price in your order.
 

NOMINDTR

Well-Known Member
#6
Pre market orders or orders that could be place while the market is not open. It is suppose to have the facility to place the order any time. May be one hour before as told by AW, could be dictated by the convenience of broking office.

Market order not allowed (obviously); only limit order, that too has some restrictions that vary with brokers

I see no special need for a pre-market order though you may have a valid reason.
 

rvm123

Active Member
#7
in pre-market, in case a share is to be bought at circuit breaker level (say 5% or 10%, etc), an order can be placed, so that in case, if the price is hit u will be the first to get the shares and similarly, u can place order for sale also at circuit breaker level
 

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