Open Question
Why does after-hours and pre-market trading exist? I absolutely hate it. It is
simply not fair that stop-limit orders do not work in after/pre market trading.
I lost a couple grand this morning because a stock got hit hard in pre-market
trading and my stop order was of course ignored. I know I'm ranting, but this
infuriates me. I live out west and can't get up at 4am every day to try to make
sure I don't lose a ton of money in pre market trading.
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Before you go to bed make sure there is no killer news out there for you
ticker...if there is, set the clock. But there is a heck of a lot panic selling
in pre and post market...so sometimes you will do better sleeping in and looking
at all the damage after amature hour is over.
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Stop-Limit orders are not honored in pre/after market trading. I always use
good-till-cancelled orders. they don't work in pre/after hours.
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dude just place your GTC order with a stop limit in the morning at 9:25 before
market opens, this way it will never get wacked in pre market trading. and you
dont have to get up at 4
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I live in CA. I set my alarm for 10 min before pre market opening. Isn't that
worth a couple grand to you. ed
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that's actually kind of a funny rant
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I agree with you fully
But to save yourself I would somehow get up at 4am
Sorry to hear you loss, that really sucks, I lost badly a few months ago and I
was sick in bed for 2 days and drank a bottle of Pepto...
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