i wish to buy stocks in after hours trading what is the best way to do that ?
2007-02-23 10:22:33 · 4 answers · asked by ? 1 in Business & Finance ➔ Investing
I wouldn't suggest after hours trading for two reasons.
1. The spread between the bid and ask is huhe, sometimes it can be several dollars difference.
2. Volume is very light and at times can be difficult to get filled at a market price, let alone a limit order.
Be careful! Best of luck to you.
2007-02-23 12:53:13 · answer #1 · answered by Thomas Z 2 · 1⤊ 0⤋
Years ago, before TD Waterhouse merged with Ameritrade, they bought a stock for me (I had a market order in with them) after hours, from their own inventory, and for $1.50 per share above the real closing and next day opening price. I'll never use them again. And never allow "afterhours" trading unless it is a limit order.
2007-02-23 18:38:25 · answer #2 · answered by gosh137 6 · 0⤊ 0⤋
some brokers will not allow after or before hours trading and yes its risky I jumped on the xm bandwagon in pre market bought 10 shares at 16.69 and immediately put a stop order on it and it hit that stop a few minutes later. Only lost $20 but still....
2007-02-23 21:09:22 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Open a brokerage account.
2007-02-23 19:33:02 · answer #4 · answered by Anonymous · 0⤊ 3⤋