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re: How to trade after hours on E*TRADE?

Posted on 6/17/20 at 6:11 pm to
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 6/17/20 at 6:11 pm to
quote:

y’all need to be extremely careful trading after hours/premarket. Volumes are usually very low and a single big trade can torpedo a stock price or set in motion a steep move against your position.

generally only pros and institutional investors regularly trade AH. It is fraught with danger for the retail guy with very little actual benefit


This is all very fair advice. I will say though, as a pretty novice investor myself, having the ability to trade in PM/AH is almost a necessity if you’re going to trade anything relatively volatile. A looot of action is eeearly morning (Webull allows trading as early as 4AM) or late AH runs. If you take anything overnight it can be pretty painful to watch your position crash with no ability to do anything about it during those times.
I’ve done pretty well sticking to limit orders because you remove the risk of a market buy, which again, would highly recommend against doing in those times. Not saying make your living there, but, learning about it and how to correctly utilize it is very important.
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