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Re: A deleted message

Monday, 08/25/2014 6:03:24 PM

Monday, August 25, 2014 6:03:24 PM

Post# of 42724
I don't think that is correct. I have a fidelity account and I could swear I've had limit orders to buy in for weeks on certain stocks to dip down and buy.

https://scs.fidelity.com/webxpress/help/topics/learn_order_types_conditions.shtml#whatisalimitorder

What price and time limitations can I place on limit orders?
For buy limit orders in which your limit price is below the last trade price or sell limit orders in which your limit price is above the last trade price, your limit price can be no more than 30% away from the last trade. Certain marketplaces may cancel limit orders which are more than 30% away from the last trade. For a stock, you enter the limit price in increments of .01 (one cent).
Except for short sales, you can place limit orders for the day on which they are entered (a day order), or for an open-ended period that ends when the order is executed or when you cancel (an open order or good 'til canceled (GTC) order). You can place limit orders for the day only for short sales.
If you place a limit order with a time-in-force of day and the limit you specify is not reached during the current session, the order is canceled.
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Will an open limit order expire?
Yes, all open GTC and GTX orders expire 120 calendar days after they are placed. If the 120th day falls on a weekend or holiday, such orders expire before the market opens on the first business day following the expiration day.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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