Do you guys wait to put in your orders or do it ahead of time?

Shockwave said: "Im really running out of questions here and my n00b status is raising :) I know what I want to purchase tommorow(my first purchase) 3 stocks mainly. I was wondering should I wait till the opening? Or put in my limits tonight and send the order in. Im not at a job where i can go online all the time but i can go on on my breaks (9/11:30/2) Pretty much anytime but those are the main times."

TheCreator said: "[QUOTE=Shockwave]Im really running out of questions here and my n00b status is raising :) I know what I want to purchase tommorow(my first purchase) 3 stocks mainly. I was wondering should I wait till the opening? Or put in my limits tonight and send the order in. Im not at a job where i can go online all the time but i can go on on my breaks (9/11:30/2) Pretty much anytime but those are the main times.[/QUOTE] Just depends on the stock... only problem with putting in your order and forgetting about it, is price might jump up before you get filled and won't get your shares. It's best to be able to watch the stock when you are ordering of course."

Shockwave said: "[QUOTE=TheCreator]Just depends on the stock... only problem with putting in your order and forgetting about it, is price might jump up before you get filled and won't get your shares. It's best to be able to watch the stock when you are ordering of course.[/QUOTE] Thanks! What if I see it going up and i have boughten shares already at my limit, I just go in and cancell my order and create a new limit price?"

TheCreator said: "yes, if the price has gone over your limit and you want shares now you need to raise your limit. or you can try and wait til the price goes back down to your limit. if it's on a run often times it will not drop back down though. just need to learn to judge when it's a good time to get in or not."

ccsykes said: "Like I mentioned in a reply to your last thread. Your going to loose money with that mind set. Don't let the excitement overcome you. If you know what stocks you like and you know how to read charts and determine resistance and support. You wouldn't be asking when or how should you place an order. Not trying to sound like an ass .... just trying to save you from the mistakes I made. Chad"

Pureloveandxtc said: "if i want a stock, i will put in a limit purchase. working 10 hour days i miss the trading hours. i have stop limits and purchase limits everynight. sometimes they do not get filled and sometimes i have over paid."