How to setup Buy in Pre-market, and set Sell price & Stop Loss for during market hours. (setup a trade before going off to work.)

[mccay100]

It sounds straight forward, but cannot find a video on how to do this. Before leaving for work, I want to buy in Premarket, but I need to set up a Sell price & Stop Loss price that is good for During regular market, 9:30-4:00.

I have tried to Buy in Premarket with OCO Brackets for Buy in EXT (TIF), and try to setup my Sell price/Stop Loss price in DAY (TIF), but it won't work ("Order triggered by EXTENDED HOURS order cannot be DAY.")

I see great videos on Buy/Sell in Extended hours, but not one for what I need when I am not able to sit and stare at the screen because I'm not there.

Some help with this is appreciated!

 

[Joshua]

That's a tricky one, EXT orders are extremely limited. Try entering with a singular order. Then, once filled, you can probably just submit a plain OCO with a typical TIF for the rest of it, as opposed to a 1st Triggers OCO. It should accept the plain OCO as just any other typical unrelated order, unless I am missing something. I honestly can not remember how to setup an OCO in that stupid thing at the bottom, but you can set one up in active trader and edit it. Although, I must say, I wouldn't recommend the exposure between the entry and the opening bell while not even at the screen, definitely keep an eye on the economic calendar depending how early you're entering.

 

[mccay100]

Thank you for your suggestion, Joshua. I will work with it in the Active Trader window.