Raylbc27
1
Raylbc27 Apr 24, 20 2:40 PM

When you go to put in an order do you select Good for Day? Yes, if stock is at $10.00 and you think it's going lower you put a limit order at 9.50 GOD. If the stock doesn't hit 9.50 during the entire day the GOD order will cancel UNLESS you select good for 60 days. The order will sit for 60 or until the 9.50 target hit and fills your order..

Raylbc27
1
Raylbc27 Apr 24, 20 2:41 PM

If you select market then the order will fill RIGHT AWAY at the marketmaker price when you hit send..

Raylbc27
1
Raylbc27 Apr 24, 20 3:03 PM

Do you use stop orders very often when you sell? Nope always use limit and look at level 2 to see what the bid is to sell at

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