Can I put a share order in ahead of time?

A: It is possible to ask your broker to buy or sell shares when certain limits are reached (although if the price you wish to buy or sell at is more than 10-15% away from the current trading price they may decline and ask you to resubmit your order at a later date).

Just tell your broker you wish to place a limit order - simple as that. As an example, if you wished to purchase Telecom shares at $4.50 and the current market price is $6.45 then your broker will probably decline your buy order. If you wish to purchase the shares at $6.10 then it would be accepted.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.