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Can you place orders before the market opens? (newb question)
- Thread starter Vel
- Start date
I do it to make money. It's just more difficult to succeed at doing that with negative attitudes being thrown in your face by the people who should be most supportive to you. That's why I say it's better to just do it and not discuss it with those people.
And if they don't they make it pretty clear.
Here are some really basic newbie tips:
1. Search ET for the answers to all your questions. If you want to know about books, search under books. There are about 500 threads on books. No need to start a new thread.
2. As some one else mentioned, keep your questions concise. It's hard to believe, but sometimes we go off topic.
3. Buy books instead of paying lots of money for seminars and the like. It's usually the best value.
4. Obviously you need a methodology. But for every hour you spend figuring out what to do - and how to do it, spend another hour doing psych prep. Trading is a mental game, not a knowledge game. Except when it isn't.
5. Find out about the PDT rule(s). It's great to say that you are going to succeed, but generally speaking success happens to people who make themselves available to it. Undercapitalization kills most new business - guess what? Trading is a business.
Anyway, best of luck.
Here are some really basic newbie tips:
1. Search ET for the answers to all your questions. If you want to know about books, search under books. There are about 500 threads on books. No need to start a new thread.
2. As some one else mentioned, keep your questions concise. It's hard to believe, but sometimes we go off topic.
3. Buy books instead of paying lots of money for seminars and the like. It's usually the best value.
4. Obviously you need a methodology. But for every hour you spend figuring out what to do - and how to do it, spend another hour doing psych prep. Trading is a mental game, not a knowledge game. Except when it isn't.
5. Find out about the PDT rule(s). It's great to say that you are going to succeed, but generally speaking success happens to people who make themselves available to it. Undercapitalization kills most new business - guess what? Trading is a business.
Anyway, best of luck.
Quote from daniel_m:
vel, my single most important piece of advice is: sharpen up your burger flipping skills. having a pleasant sounding "would u like fries with that" also goes a long way.
Wow, I take it you've been burned pretty bad and suck at the trading thing considering you're advice. For someone that obviously must hate the system, you sure have a hi post count
Quote from Vel:
I'm new to the whole stock thing and am just messing around with software doing paper trading and learning as i go. I'm using software from realfasttrader.com. Anyway, what I'd like to know is, can I place an order, and have it filled before 10 am or can you only buy and sell starting at 10? Say I see a stock at $20 at 9:30..If I put my order in at 9:30 to buy it, will it accept the order then and there, or hold it till 10?
OPG - opening only orders would help if you calculate the prices correctly..
also INCA - Instinet allows listed and NASD pre/post market trading
surprised those whom you trade with or through did not answer this basic question for you?