I’m wanting to use an online service such as e-trade or scottrade for day trading. I’m wondering what the time difference is between entering the decision to sell and when the stock actually gets sold.
Sam, people like you make me laugh.
Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random
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I use tdameritrade and it usually gets sold the day youchoose to sell it as long as the market is opened. if you choose to sell when the market is closed then the next day the market is open is when it will sale
It depends on the type of order you have placed. Suppose you have GM shares (before bankruptcy, of course!). You want to sell those shares. You can sell them either at the prevailing price, or at some particular price in your mind. Suppose, you place the order to sell those share at 75 cents, you will have to wait till the share price reaches 75 cents. And if you place the order to sell them at market price, your shares will be sold at whatever lowest price at which the buyers are ready to buy them.
market orders are immediate, with three day settlement.
I trade with gnutrade and e-trade , but found gnutrade quick in settling settlements and also the product you choose gets sold immediately. I do not trade in individual stocks with them cause they do not have that facility but they are still good.