How to Place a Stock Order: Executing Your First Trade
When you put an order in to your broker, you can choose how long the order stays open. By default, orders are day orders
, meaning that they are valid until the end of the trading day. Good-'til-canceled orders
remain open until you actually go in and cancel them.
and different conditions that investors encounter in after-hours trading, it's not advisable for you to fiddle with after-hours trading as a new investor until you really know what you're doing.
(To learn more about the after-hours market, check out these articles on TheStreet.com: An Extended-Hours Trading Primer, Booyah Breakdown: After Hours and Will I Get Burned in Extended-Hours Trading?.)
Happy investing!
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