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kiwilifer

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About kiwilifer

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  1. Hi. Just thought I would try this again as I haven't had a response on a previous post. Similar posters have asked the question but not really answered. Scenario: Price at pre-market is gapping up with price at £10 just before pre-market closes. Buy order placed at Market price, to execute on market open. Buy order gets filled on market open for £10.01. Price gaps up immediately as it does when bullish (to say £15) providing a profit on sale. This is from the IG paper trading account. I understand the different types of orders etc, but it is just to confirm that the only reason this order is filled is because it is paper trading, as surely it would not get filled if the market price rises immediately on market open. Many thanks, any response would be appreciated.
  2. Hi. Just thought I would try this again as I haven't had a response on a previous post. Similar posters have asked the question but not really answered. Scenario: Price at pre-market is gapping up with price at £10 just before pre-market closes. Buy order placed at Market price, to execute on market open. Buy order gets filled on market open for £10.01. Price gaps up immediately as it does when bullish (to say £15) providing a profit on sale. This is from the IG paper trading account. I understand the different types of orders etc, but it is just to confirm that the only reason this order is filled is because it is paper trading, as surely it would not get filled if the market price rises immediately on market open. Many thanks, any response would be appreciated.
  3. So just to clarify my query by hypothetical example:- CFD Buy stop limit order placed for 1000 contracts at £5, to execute on market open. Limit of £6, stop of £4.70. Previous day close £4.80. Premarket price ranging around £8. My assumption is that at market open this order would not be filled and the price would be somewhere around the pre-matket price (assuming no surprises of course, for arguments sake), if trading in a live environment. So in the demo account this order is filled immediately on market open with price gapping to around £9, providing a defined profit. Surely this would not happen if trading live and the order would not be filled..... Thanks for reading, any feed back would be gratefully received.
  4. Hello. My CFD limit buy order got filled on market open (paper trading) at a lower price than the pre-market price. I'm assuming that it is because I am paper trading and if trading in a real environment, the price would not get filled as the pre-market price was above this. I would be grateful if anyone can enlighten me on this please. Thank you.
  5. Hello. My CFD limit buy order got filled on market open (paper trading) at a lower price than the pre-market price. I'm assuming that it is because I am paper trading and if trading in a real environment, the price would not get filled as the pre-market price was above this. I would be grateful if anyone can enlighten me on this please. Thank you.
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