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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Ben Antanaitis who wrote (3068)5/17/1998 6:49:00 AM
From: Teddy  Respond to of 34811
 
**Sort of OT** RE: "the overnight looting that takes place via Instanet"

Everyone that has an actual person for a broker (not just online trading) might want to ask if they are able to trade after hours: most brokers can do that for you.

My $23 per trade broker told me that they charge and additional 10 cents per share for before and after hours trades (that's $100 extra for the pleasure of dumping 1000 shares). He does not recomend doing this, that market is not liquid so the price can change really fast and sometimes the price is totally different when the real market opens (EX: earnings were bad but conference call was good).

I just thought i would mention it so people could find out "just in case" they need to do it someday. Ask your broker.

Remember: GTC limit orders and stop loss orders do not get filled in the after market. You have to place the order real time.