HI I just found out that QT offers afterhours trading but i'm having a difficult time understanding just how to do it (and the limitations). To be honest their livehelp was less helpful then required : )
If you don't mind i'd like to throw some newbie questions out here and see where it goes.
1) QT states "Must be Limit at the Last price the security was traded at on its native exchange" . Does this mean if the ETF closed at $300 then the Limit of the afterhours trade must be $300? What happens if the stock goes to $400 afterhours - does the SELL happen at $300 and i lose out of the additional amount?
2) QT states " Although ECNs allow after-hours trading until 8 pm for U.S. markets, Questrade's cut-off time is 5:30 p.m EST." If i set the trade between 4-5:30pm and the ETF climbs to $400 after 5:30pm what happens - did i miss this opportunity?
Thanks in advance
