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Due Diligence Information Resources for researching stocks, T/A Sources, Sec Forms, Brokers, Account Types, Market Makers, etc.

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Old 09-08-2007, 05:23 PM
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Default Placing a GTC (Good till cancle) order after market is closed?

I was just wondering. I wasnted to place a limit order to buy a stock for Monday morning's open. I was wondering if I could place a gtc order now (it is saturday) or if I had to wait untill the market opened?

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Old 09-08-2007, 09:17 PM
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Default Re: Placing a GTC (Good till cancle) order after market is closed?

Best thing is to wait until the market opens. Placing an order while the market is closed is the equivalent of showing your hand to the dealer in a card game. Good luck!
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Old 09-09-2007, 09:14 AM
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Default Re: Placing a GTC (Good till cancle) order after market is closed?

only i use gtc is when i will not have access to the computer. i put sells and buys both in when gone for the day and i cannot watch
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Old 09-17-2007, 11:33 AM
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Default Re: Placing a GTC (Good till cancle) order after market is closed?

Quote:
Originally Posted by Dinamo View Post
Best thing is to wait until the market opens. Placing an order while the market is closed is the equivalent of showing your hand to the dealer in a card game. Good luck!
Indeed! Never place an order until you have a chance to see what the market's doing.
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