Personal Finance & Money Asked on April 14, 2021
I am a Fidelity customer. Does the first Warning mean I cannot do pre-market trading? If that is true, who can?
EDIT:
The order is actually executed when the price target is met. I am confused.
No. The warning says you are placing a pre-market order that is eligible for trading until two minutes before the market opens.
They are warning you because pre-market trading carries additional risks, like reduced liquidity and increased volatility, and they want to be sure you are aware of what you are doing.
Correct answer by Phil Frost on April 14, 2021
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