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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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16710827 No.16710827 [Reply] [Original]

So i longed the SP500 with 200 leverage in a yolo student loan all in.
My broker (based in AU) closed 4 hours before USA close because of new years, meaning it closed before the huge fucking pump last hours.

Now i have put my tp at a price level lower then the US market went after my AU based broker closed.

>>take profit is at 3228
>>current price is 3236
>>the market is closed now, if it opens at the same level, it will gap up higher then my TP

The question is:
in what way will the open price on 2 Januari trigger the TP ( take profit)
1. price is higher then TP and market closes at the current level of that time
2. The stock will sell at the tp price, dispite the market being higher

(Using mt4 platform ( XM Markets) )

>> No.16710868
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16710868

>>16710827
I don't know if you noticed but this isn't really a business board

>> No.16710938

>>16710868
lmao, this is biz right?
BIZNESS
thanks for the green pussy lips at least

>> No.16711039
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>> No.16711049

youre better off asking in smg
nobody out here knows shit about any financial instrument

>> No.16711053
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16711053

> student loan
do zoomers still buy stocks lmao

>> No.16711063

>>16710827
anon i highly suggest you goto WSB its like /biz/ but for people who actually want to make money

>> No.16711065

>>16711053
I made 36000 EURO in one week, yes

>> No.16711071

>>16710827
why in the world would you buy stocks now? you will lose all of it, lmao https://21e8.com/

>> No.16711155
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>> No.16711161

>>16710827
>OP tries a get rich quick scheme with someone else's money
>loses everything
The SP500 index is the single most reliable financial instrument with almost guaranteed long-term growth and you still managed to fuck it up.

>> No.16711176

>>16711161
read the fucking op post. I am in massive profit.

>> No.16711217
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>> No.16711273
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>> No.16711301

>>16710868
fucking this. get the fuck out if its not related to chainlink.

>> No.16711312

>>16710827
>student loan all in
nice LARP. you don't get cash student loans in australia

>> No.16711330

>>16711176
>massive profit
>$6000

>> No.16711355

>>16710827
i'd say it will do one of two things:
1. your trade won't close since it's way above tp
2. it will close at a much higher price giving you the $6000

>> No.16712060

>>16711355
Thanks sir

>> No.16712511

If a limit order is below open price it will be executed at open price. If your order was "DAY" and not "GTC" it will be cancelled before CME Globex re-opens at 5 American CST. There is a pre-auction "POST Only" time before open were you can re-apply the limit order.

>> No.16712578

>>16710827

/smg/ here. Limit Orders execute at $X.xx or better.