on etrade or ameritrade, etc...
when your buying a stock that is listed at $20.
Can you offer less?
like 19.80? or something like that?
2007-09-26 14:34:41 · 5 answers · asked by Philip Augustus 3 in Business & Finance ➔ Investing
Yes. You can place a buy limit at 19.80 .It will cost you more to place a limit order, so it depends on how many shares you want to own, to see if its worth the limit order. If you think the stock trades higher,for .20 cents, depending on how many shares and how long you plan to hold them, you must decide if its worth it not to just pay market price.
2007-09-26 15:52:31 · answer #1 · answered by ijokey2000 2 · 0⤊ 1⤋
Yes, you can place a limit order, and offer any amount you wish. I always use limit orders. Even when I'm willing to pay the current price. That prevents me from getting stuck with a higher price if there is a sudden jump up in price. The only time you should use a market order is if you want to buy that stock so much you don't care what price you pay. And that should be never.
Note: At Scottrade market and limit orders are both $7.00.
2007-10-04 13:56:51 · answer #2 · answered by Mystery 6 · 0⤊ 0⤋
Ofcourse - Its your call as to at what price you want to buy.
Place a Buy limit order of say 19.80 and it will get filled only if the price goes to 19.80 or lower.
Cheers
www.vjondalalstreet.com
2007-10-01 10:53:20 · answer #3 · answered by VJonDalalStreet 2 · 0⤊ 0⤋
You can set a limit order, so that if the asking price drops to $19.80, you buy the stock.
2007-09-26 15:19:58 · answer #4 · answered by boogerhead9 2 · 0⤊ 0⤋
Yes when it is at 19..Investing in stock market is really a good idea.. Before investing learn more basics about it.. If you are first time investor means just go to the broker office & get the guide from them.we cannot predict the future in stock market .Just take a look at the below link to get free information regarding stock market.
2007-09-26 16:06:27 · answer #5 · answered by kumar p 1 · 0⤊ 1⤋