The biggest problem ive got is knowing when my order will be excuted in the line up. Theres no point buying after market, if everyone elses order is going to get in first. Might have to just buy on the close of trading, but this way i cant pull my order if the dow tanks.
Basically I want to buy after market with the option of cancelling my order before the following days trading if the dow tanks overnight.
I rang commsec and they said that the buyers offering the highest price will go first and if two buyers are offering the same price, then its the one who got in first. So if a stock closed at $1.00 and someone put a buy order in with a limit of $1.50 and everyone elses limit was %1.20, would his buy order go before anyone else?
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