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placing stock order during overnight hours

Personal Finance & Money Asked by Jonathan Karas on August 5, 2021

Say I want to have a sell order for stock executed when the premarket hours begin (usually 7 AM, I believe), but I can’t be at my computer at 7 AM. Is there a way to schedule the order the night before (either during or after extended hours) and have it automatically executed at 7 AM?

Thanks.

2 Answers

Sure, you can submit orders 24/7. Just make sure to submit it after the market is closed in the evening (or it would be executed right away).
You can choose a limit or market order; but a market order is dangerous, as trading on the new day might start at a very different price.

Answered by Aganju on August 5, 2021

Some brokers require that you request permission for pre and after market hours trading. Assuming that you have it, you can place any type of limit order that your broker offers, any time that you like. Your order will only be "automatically executed at 7 AM" market price has reached your limit price.

Answered by Bob Baerker on August 5, 2021

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