There are many factors that affect the rise and fall of stock prices in the stock market, so it is also difficult to predict changes in stock prices. Some stocks have been in a sideways trend, while others have hit the limit up at the opening.
Can I buy stocks that hit the daily limit up at the opening?
Stocks that hit the daily limit up at the opening can be classified into several situations:
1. There is sudden positive news. The banker used this news to raise the limit up. This kind of limit up is usually short-lived.
2. The banker has collected enough chips and suddenly pulled up using any news or information. The intention is to quickly move the stock price out of the dealer's chip cost zone.
3. It is in the initial stage of a rapid upward trend, and there may also be a limit up at the opening.
So, if it's the first situation, it's best not to buy. You can buy the following two situations, but many people will buy them due to this situation, which leads to a lack of market value and a lack of sales. What should we do in this situation?
How to buy stocks that have reached the limit up at the opening?
When trading stocks at the same price, time takes priority. Therefore, to buy stocks that hit the limit up at the opening, it is necessary to ensure that the pending orders are placed at the forefront. To ensure that the pending orders are placed at the forefront, the following points need to be noted:
1. Hanging orders are usually "overnight orders", which means that on the day of the end of the transaction, the next day's buy orders are immediately hung up after the brokerage settlement is completed.
2. There are currently over 100 securities firms, and each firm has different settlement times every day (specific settlement times can only be inquired by calling the securities firm service hotline), so your securities firm needs to be the first to complete settlement among all securities firms.
3. Even if your securities firm completes the settlement first on the same day, there are many institutions or main players also placing orders, and they usually use dedicated internet lines with extremely fast internet speeds, which ordinary retail investors cannot achieve.
So, it is almost impossible for ordinary investors to buy stocks that hit the daily limit up at the beginning of the trading day. We need to look and analyze more in our daily lives in order to choose higher quality stocks.