How to buy shares in pre-market time frame

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Dreamer1214, Jun 8, 2015.

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  1. Dreamer1214

    Dreamer1214 Member

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    Hi experts,
    Just wondering what is the secret to get your bid successful during the pre- market open rates, sometimes some stocks rise as much as 20-30% during the opening, even though i bid many times I was never successful by the time the markets open the price of the stock is already 20-30% high.

    any guidance

    Thanks
     
    Dreamer1214, Jun 8, 2015
    #1
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    I think the solution is to place a "market" order, i.e. one where there is no price limit. However, this is not allowed in several brokerages. Kotak Securities, for instance, permits an "After Market Order" only with a price limit. The other solution is that you anticipate what the price is likely to be and put that as the limit.
     
    Meenakshi Razdan, Jun 8, 2015
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  3. Dreamer1214

    Dreamer1214 Member

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    Ok Thank you.
    I am using icicidirect, will try that market oder
     
    Dreamer1214, Jun 8, 2015
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