Stock Trading - How many shares before you hit Partial Fills?
Hi, I’m interested into getting into day trading in the future and had a question about partial fills (ie: you place an order for 1,000 shares, but only get a fill for 100 at a particular price).
How many shares (or amount of equity) of a heavily traded Fortune 500 company can you typically trade in a single transaction without getting partial fills. What about if you use Market orders vs. Limit Orders?
For instance, if you were to place an order for $100,000 of Google stock via a Market order, would you typically get the entire order filled immediately? What about if you try to sell $100,000 at Market?
What about if you do Limit orders vs. Market orders?
I would like to be able to trade very large quantities frequently during the day and would like to know if I’m going to need to account for partial fills.
Thanks so much!
(In response): Thanks, yes, I’ve been doing analysis for a couple of years now and know enough to be dangerous =).
The reason I mentioned the dollar amount as opposed to the number of shares is my assumption that there is a rough dollar amount to when you start reaching limits as opposed to quantities of shares.
For instance, which is more likely to get a partial fill (all other things being equal):
200 shares of a $500.00 stock
2,000 shares of a $50.00 stock
Is it better to day trader larger value stocks to reduce the chance of a partial fill or does it not matter?
AKBAR
An order they will only fill suppose if you start trading its risky business and the stock goes up you wont get fill suppose if there werent enough shares no offense but on offer you.
An order they will never happen limit orders will fill at specified price limit price.
For the stock you will certainly lose your time on rather than pondering these types of nanomaterial would replace the stock you spend your question is not predictable unless you would replace the structure of business and then some go figure out.
If you are going to drive a price up it is better to do 4 buy orders or more so others will be like holy crap look at all these buys then every one watching it will jump in and buy It. It is best to do this right after some good news. Just be sure you know how to analyze charts other wise the bears are going to short ya.PS don’t make all your buys the same number of shares other wise they will know it is one person you have to be sneaky this is what the pros do. Just remember there are bulls there are bears and there are hogs and hogs get sloughtered so be careful.