hello all! im currently new here and in interesting in inves...
hello all! im currently new here and in interesting in investment to build up $ for future. With 0 knowledge i have been playing around with webull and moomoo papertrade. Can anyone share how to buy a limit order at a lower price or stuff like that? any advices what to look out for etc.
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Infinitely : Hi feltthebeat;
I like to know whats happening before the market opens. Premarket is essy to trade with a momo scanner like I use. To get a better limit order price look at the ask and the bid on level 1. Any price between ask and bid will get filled. I buy on the ask and sell on the bid. If its going down and you are buying the bid, thats cheaper so a good idea. Why buy the ask when you can buy the bid? Anything including and between the two will work; just like in the simulator. I used to say trading in the sim saved me 10mil but now it's 10billion and Im finally capable of keeping it green!!!!!!
felthebest OP Infinitely : thanks for ur advice!
Stoic Trader : Hello Felthebest ,
happy trading
Every traders has own strategy on each trades and if you new in trades and with very little understanding /knowledge about market avoid trading outside market hours I mean only focus on 9:30-4 pm ( NY exchanges) at that that more liquidity present and you can successfully execute trades , if you are professional or advanced traders you can trade pre& post market hours otherwise try to avoid trading at that times just my kind suggestion not a professional advice
felthebest OP Stoic Trader : Thanks man! And yup for now im just focusing on the 9.30 - 4 est trading timing
Stoic Trader felthebest OP : Good job also letting you know that I am also almost like you with not to much experience only couple of years random trading am happy to help you any matter about trading also gather sound’s understanding of chart/pattern of listed companies before taking any trade decisions. You may visit my profile you can find some educational information.
felthebest OP Stoic Trader : thanks! if theres any doubts i have, i will drop u a pm thanks for the help of offer appreciate it
Stoic Trader : I am also learning and try my best as my best understanding about how market works .thanks for feedback
night 