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elitetradesman
 

Registered: May 2010
Posts: 93

 

10-29-12 06:24 PM

How do I set stop orders for U.S. stocks to be triggerred in the pre-market and after-hours market?

Thanks.

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oldtime
 

Registered: Jun 2011
Posts: 7357

 

10-29-12 06:51 PM


Quote from elitetradesman:

How do I set stop orders for U.S. stocks to be triggerred in the pre-market and after-hours market?

Thanks.

like I said, there's a little box you check to specify if the order is only good RTH

Hopefully, someone from ib (they are very good about walking you through simple things) will reply and tell you exactly how to do it.

But I am (when it comes to computers) about as dumb as it gets, and even I can figure out how to do it.

You're going to get burned big time if you let your stops be triggered after hours

There's a lot of people out there still betting on black swans

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elitetradesman
 

Registered: May 2010
Posts: 93

 

10-29-12 06:53 PM


Quote from oldtime:

like I said, there's a little box you check to specify if the order is only good RTH

Hopefully, someone from ib (they are very good about walking you through simple things) will reply and tell you exactly how to do it.

But I am (when it comes to computers) about as dumb as it gets, and even I can figure out how to do it.

You're going to get burned big time if you let your stops be triggered after hours

There's a lot of people out there still betting on black swans



I tried that, but stops for stocks weren't triggerred in after-hours.

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lindq
 

Registered: Mar 2002
Posts: 2475

 

10-29-12 07:02 PM


Quote from elitetradesman:

How do I set stop orders for U.S. stocks to be triggerred in the pre-market and after-hours market?

Thanks.



Why would you want to? Price movement and spreads in equities can be HUGE during those time periods, and can easily trigger a stop, putting you into a market sell order at the worst possible time.

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elitetradesman
 

Registered: May 2010
Posts: 93

 

10-29-12 07:08 PM


Quote from lindq:

Why would you want to? Price movement and spreads in equities can be HUGE during those time periods, and can easily trigger a stop, putting you into a market sell order at the worst possible time.



I realize that, but I'll need stops in very unique situations.

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oldtime
 

Registered: Jun 2011
Posts: 7357

 

10-29-12 07:15 PM


Quote from elitetradesman:

I realize that, but I'll need stops in very unique situations.

yes, but what you don't realize is, when you get in that unique situation the price will still be horrible

bad enough you lost money guessing wrong

but why give them anymore on a bad spread?

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