As a newbie I've not given allot of thought to extended hours trading until last Thursday when my short position took out my profit target about a half hour before open.
I had taken a short position in SFUN on Tuesday at $10.49 and on Thursday it dropped below my buy limit of $9.25. By open it reversed and I ended up buying to cover at $9.54. Cost me roughly 3% of my profit target.
My question is what does Interactive Brokers charge for extended hours trades if you check the little box in TWS that says allow extended hours trades. I did a search for it on this forum and I also have tried to find out without success through IB's help pages. (Probably due to my own incompetence.) Does anyone know what IB charges for extended trading hours trades? I just don't want to find out by executing one.
I had taken a short position in SFUN on Tuesday at $10.49 and on Thursday it dropped below my buy limit of $9.25. By open it reversed and I ended up buying to cover at $9.54. Cost me roughly 3% of my profit target.
My question is what does Interactive Brokers charge for extended hours trades if you check the little box in TWS that says allow extended hours trades. I did a search for it on this forum and I also have tried to find out without success through IB's help pages. (Probably due to my own incompetence.) Does anyone know what IB charges for extended trading hours trades? I just don't want to find out by executing one.