In Fidelity, when you trade, you have the option in the "time in force" pull down to choose "on the open". You might want to search Fidelity for the explanation for how this works.What's the risk? Wouldn't it just make the purchase when the market opens the next day or on Monday?
You should only buy ETFs during market (or extended market) hours. You need to turn on extended market trading, or select the extended market ticket. You can buy mutual funds whenever you're comfortable.
You can also set up a recurring investment and, if memory serves me, those happen on the day you choose at 10am ET. Because you can set a beginning and end period for the recurrence, I wonder if you can use this, effectively, for a one time trade if you're not comfortable with a trade happening at the open. I've never tried this.
Cheers.
Statistics: Posted by dcabler — Sat Nov 16, 2024 6:03 am