Hi, I am new to trading and have been interested in trying for some time. I decided to buy some stock yesterday, and i was aware that markets were closed, then opening at 2.30pm (US). I placed a small order but noticed that by the time my order when through, after 4pm, the stock rose by $5. Instant orders do not appear to be instant.
Is this time lag normal? Anyways to mitigate this?
Also, in the app could someone please explain to me what these options are in layman’s terms please?
and one last question please. Can I set the app to automatically sell at a specific share price if the stock falls to a certain level?
thanks so much