Recent content by allstarmoney

hi folks. have a quick question. if i place a market on open order for an nyse stock before the market opens, am i guaranteed the opening price or should i expect some variance from the opening price? thanks much in advance for your help.

hi there- i have a problem insofar as i don't need to watch the trading screens throughout the day (as i generally trade only every few weeks or so), but for some reason, i keep checking the balance screen every ten minutes or so throughout the trading day. i am not sure if this is out of...

when i place market on open buy orders through interactive brokers' smart routing, i don't seem to get the opening cross price, but a much higher price. has anyone else had this experience while using ib? should i use a different broker?

I am wondering what the best way to get filled at the open on monday morning is. i currently use limit-on-open orders on monday morning through ib's smart routing. but i was wondering if someone buys only at the open, is there a better broker out there? or does it not matter due to the...

all right cool. it sounds like what probably works best given my situation is to place a limit-on-open order and if it doesn't strike and cancels out, then place a straight up limit order thereafter. of course, now i have to figure out how to configure this trader workstation to allow "opg"...

thanks bitstream. presuming i'm buying and i set my limit-to-open order too low, does it cancel a minute or so after the open or does it take longer?

how does a limit order differ from a limit-on-open order? i think the limit-on-open order cancels out soon after the open, but is there a distinct advantage in placing one? does a straight up limit order not go into effect right at the open? thanks much.

thanks guys. what percentage of the time do you find that you usually get filled with a limit order premarket? also, with ib, does the order automatically convert to a limit order upon the market's open? thanks again.

thanks bitstream. if i place a limit order, is smart the best way to send the order? is it worth placing limit orders in pre-market monday morning to get a better fill? does it make a big difference if i place the limit order right away on saturday morning versus sunday night?

I am a current IB user and I get picks late Friday night from the system that gives me picks which I usually hold for a month or so. It seems as if my slippage on Mondays is going through the roof, maybe on account of other people following the same picks. Is it worth it to consider premarket...