Nvda

[QuarterMillionMan]

Can someone tell me how to buy NVDA let's say I want to wait until it drops to $799? What is that called? All I remember is setting the expiry to something like "good till cancelled."

[disneysteve]

Can someone tell me how to buy NVDA let's say I want to wait until it drops to $799? What is that called? All I remember is setting the expiry to something like "good till cancelled."

You want a limit order where you specify a price.

[QuarterMillionMan]

Ok thanks. One more question for the boards pertaining to limit orders. Let's say on Sunday I set my limit order to the same $799 price. On Monday morning at the market opening it drops to $750, will my limit order execute at $750 or my limit order of $799?

[disneysteve]

Ok thanks. One more question for the boards pertaining to limit orders. Let's say on Sunday I set my limit order to the same $799 price. On Monday morning at the market opening it drops to $750, will my limit order execute at $750 or my limit order of $799?

It will execute as soon as possible once the price drops to (or below) your limit price. If it is drops immediately upon market opening, you could get a price below $799 but if it takes a few minutes to drop, you could pay $799. It all depends on how quickly the price falls and how quickly the order is processed.

[QuarterMillionMan]

It's clear as mud now, but thanks (lol).

[QuarterMillionMan]

Another question today at 4 pm it closed at $875, but in the after-hours same day but after hours it is currently at $851. If trades cannot be done during after hours why even have an after hours price?

[disneysteve]

I’ve never quite understood what the after hours market is but it is a thing and there are apparently ways to participate.

[kork13]

In general, most retail brokerages don't offer after-hours trading. Institutional investors are sometimes able to make trades ~4hrs before/after the markets open/close, but that's not typically open to normal folks like us. Think of it like direct trading ... institution 1 reaches out to institution 2 & asks if they'll agree to a given trade (in a 1-on-1 purchase/sale agreement). These trades are registered with the markets, but aren't accessible to the public.

FWIW, pretty much anytime I make a purchase/sale of stocks or ETFs, I almost always use limit orders. Mostly, because it provides some limited protection against sudden spikes/drops in the share price. A standard market order will execute at whatever price is currently available. But a limit order will only ever execute at/below (purchase) or at/above (sale) your limit price. Also, they allow me to set a price I'm comfortable with, then it's a set-and-forget order. In fact, just this morning I got notification of 2 separate sale orders executing because they climbed above my established limit price for the sale. I created the limit orders 2+ weeks ago, and totally ignored that they existed until I saw the notification.

It means nothing practical for anyone, but my habit: when I'm looking to buy or sell a stock/ETF but don't care about the timeline, I'll typically set the limit price about 10-15% above (sale)/below (buy) the current price. Vanguard keeps the order valid for 60 days, so if the share price crosses my limit price, great! If not, nbd, I'll just re-create the order and keep waiting. It's probably silly, but that practice allows me to call it a little win, that I'm getting a better deal out of it than it was when I put the order in.

[QuarterMillionMan]

I bought 2 shares of NVDA today @ $860 each, just to get some skin in the game. Will get more later.

[Randomsaver]

You can only set Extended Hour transaction Limits during extended market hours.

Extended hours are for limits set during extended hours and will transact only during extended hours; this can be set to GTC as well (Good Till Cancelled). During extended hours, you are allowed to create market hour transactions that will transact during market hours.


Market hours are for transactions set during market hours and will transact only during market hours; this can be set to GTC as well. During market hours, you have no access to create extended hour transactions as they only become available during extended hours (hence, the first statement in the post).

[QuarterMillionMan]

Today in after hours NVDA is at $931. My 2 shares that I bought yesterday made a $140 unrealized gain in 1 day.

[QuarterMillionMan]

Bought 1 more share of NVDA today at about $886, so I own 3 shares thusfar. Will DCA and keep buying 1 or 2 at a time. BTW, my TSLA is losing but only about neggie $150 overall. But remember I took a $900 profit off TSLA a few weeks ago (realized gains).

[FrostedMoose]

The massive runup in NVDA is done. Easy money has been made. I sold all of my shares at $730, but I made 5X my investment. Not interested in it anymore. Good company but I found some new companies that can pull another 5X. NVDA can't.

[QuarterMillionMan]

I'm thinking of buying more of NVDA with it being down to $857 today.

[FrostedMoose]

NVDA has a market cap of $2.2 trillion. It's not doubling again. Easy money was made.