Buy Order for next day

Vinu · 1 Buy Order for next day Wed Mar 23, 2011 3:38 pm

Vinu

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Hello good people,
Can I put a buy order online once market closed.Pls clarify someone.

2011_NewComer · 2 Re: Buy Order for next day Wed Mar 23, 2011 3:56 pm

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Yes. you can.
Smile

Rajitha · 3 Re: Buy Order for next day Wed Mar 23, 2011 4:33 pm

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Vinu wrote:Hello good people,
Can I put a buy order online once market closed.Pls clarify someone.

Actually No you can't ( To my knowledge)! You have to do it the next day at pre Open. (9-9.30 am )

mono · 4 Re: Buy Order for next day Wed Mar 23, 2011 4:38 pm

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Rajitha wrote:

Vinu wrote:Hello good people,
Can I put a buy order online once market closed.Pls clarify someone.

Actually No you can't ( To my knowledge)! You have to do it the next day at pre Open. (9-9.30 am )

I thought you can cue orders to get triggered at a specific time.

2011_NewComer · 5 Re: Buy Order for next day Wed Mar 23, 2011 4:39 pm

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Using my online system, I can add buy/sell orders anytime. Till 9am next day, they are in that system (queued) and get added to the CSE system after 9am next day. I think all the online systems allow that.
(as per my knowledge. may be I am wrong)

StocksWatch · 6 Re: Buy Order for next day Wed Mar 23, 2011 5:08 pm

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Yes you can place que orders. This is a great benefit for people like me who are on part time. Otherwise we will have to wait till the 9.00AM each monring to place our orders.

Rajitha · 7 Re: Buy Order for next day Wed Mar 23, 2011 5:10 pm

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StocksWatch wrote:Yes you can place que orders. This is a great benefit for people like me who are on part time. Otherwise we will have to wait till the 9.00AM each monring to place our orders.

o.O good to know! LAst time I tried to do it it did not go trough !

Meta Trader · 8 Re: Buy Order for next day Wed Mar 23, 2011 5:13 pm

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yes u can
actually that is what most of the brokers do to their retail and non greedy customers . it will be in the cue " status will show as QUENEW " and automatically carry the trade to the next market day until it triggered or expired .

banarahu · 9 Re: Buy Order for next day Wed Mar 23, 2011 8:11 pm

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Normally I'm doing this before the market day for one day orders... It queue as a accepted oder but after 9.00 clock at the market day it will verify... Some times our orders will not at the accepted ratio (as an example more than the price band). Then it will reject before the market starts...
Day orders work for me but don't know exactly about GTC,GTD,FOK and IOC orders because usually these orders rejected for me... Smile

mark · 10 Re: Buy Order for next day Wed Mar 23, 2011 8:17 pm

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banarahu wrote:Normally I'm doing this before the market day for one day orders... It queue as a accepted oder but after 9.00 clock at the market day it will verify... Some times our orders will not at the accepted ratio (as an example more than the price band). Then it will reject before the market starts...
Day orders work for me but don't know exactly about GTC,GTD,FOK and IOC orders because usually these orders rejected for me...

GTC orders are good when there is much sell or buy orders in order book......
ex-SEMB Warrants............because of its high liquidity,you can put GTC buy or sell orders for remain 5 days..........so you will get the priority when a trade happens.,(more than the people who put orders in trading time(day orders))
(first come,first serve) Cool

you can put GTC orders when market is closed,but you can't cancel them.........

Last edited by mark on Wed Mar 23, 2011 10:47 pm; edited 1 time in total (Reason for editing : correction regards to later posts(i mistaken))

2011_NewComer · 11 Re: Buy Order for next day Wed Mar 23, 2011 8:42 pm

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mark wrote:
ah.but you have to put GTC orders at trading time...........

I think I put GTC orders (in our system it is maximum 5 days) after trading time. Today evening also I put some. Cool

Why do you say that 'you have to put GTC orders at trading time..'? Any reason for that or it doesn't allow you Question

banarahu · 12 Re: Buy Order for next day Wed Mar 23, 2011 8:52 pm

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mark wrote:

banarahu wrote:Normally I'm doing this before the market day for one day orders... It queue as a accepted oder but after 9.00 clock at the market day it will verify... Some times our orders will not at the accepted ratio (as an example more than the price band). Then it will reject before the market starts...
Day orders work for me but don't know exactly about GTC,GTD,FOK and IOC orders because usually these orders rejected for me...

GTC orders are good when there is much sell or buy orders in order book......
ex-SEMB Warrants............because of its high liquidity,you can put GTC buy or sell orders for remain 5 days..........so you will get the priority when a trade happens.,(more than the people who put orders in trading time(day orders))
(first come,first serve)

ah.but you have to put GTC orders at trading time...........

Thnx got it ...Yes I've tried GTC orders for SEMB W0015... That is the thing what happened for me...

ShareShares · 13 Re: Buy Order for next day Wed Mar 23, 2011 9:12 pm

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I often queue buy orders overnight as I am busy during morning hours. It is easy with CDAX pro if there is sufficient buying power. On the other hand I never keep sell orders, as soon I place a sell order share prices come down further, and then I fail to sell them at required level. When ever there is a buyer for reasonable level I help them buy few shares at that level. Buy orders placed and timed well helps collect some good shares at correct value. I never place sell orders as the share value of that stock goes down I often have to suffer loses for the remaining shares in my portfolio. Buy orders placed at the correct value of the share helps them collect at a reasonable price.

mark · 14 Re: Buy Order for next day Wed Mar 23, 2011 10:44 pm

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2011_NewComer wrote:

mark wrote:
ah.but you have to put GTC orders at trading time...........

I think I put GTC orders (in our system it is maximum 5 days) after trading time. Today evening also I put some.

Why do you say that 'you have to put GTC orders at trading time..'? Any reason for that or it doesn't allow you

sorry i mistaken...........you can put GTC orders,when market closed..........but you can't cancel those orders when market is closed...........i'll edit my post.......... Cool

UKboy · 15 Re: Buy Order for next day Thu Mar 24, 2011 3:53 am

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2011_NewComer wrote:Using my online system, I can add buy/sell orders anytime. Till 9am next day, they are in that system (queued) and get added to the CSE system after 9am next day. I think all the online systems allow that.
(as per my knowledge. may be I am wrong)

Yes you are correct. Normally I place my orders after the market close. Unless I see a bargain I dont buy shares after 9am on a working day.