/biz/ - Business & Finance

>>17409778
>So what even is the point then of premarket? Why bother with it all if its low liquidity high spread stuff?
Sometimes you get a great price. Remember a few weeks ago when that Iranian general got droned? It was something like 7:30 PM and the first thing I did was jump on my Webull account and all in on SOXL. The market had dumped SOXL like 20 or 30 bucks if I recall (pic related). I bought and the next morning on open the entire market had already gone back up like nothing had even happened. Anybody only trading regular hours wouldn't have known anything had even happened but if you caught it, the drop was basically free money. It only takes a few of those to make it worthwhile.
>>17409789
>you arent understanding my question. so assume you are a seller and there are 2 buyers with the same bid, who gets it? timestamp from whoever created the order first?
Whoever put their order on the book first even if the placements were microseconds apart somebody was first and that's who gets the prize