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| dallyn |
 Posted: Sun Mar 11, 2007 4:40 pm Post subject: Confused about the order delay and buying stocks |
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Investing Sr. Associate
Joined: 11 Mar 2007
Posts: 57
This Month: 0
20679.51 e$
Net worth: 29,507.25
Portfolio Value: 5,736.74
Monthly Return: -0.54%
Trades this month: 0
Churn Rate: 0.00%Items
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Okay, I am officially confused. I understand you build a delay of 20 minutes into the buying and selling of stocks. This makes sense. I bought 60 shares of walmart (WMT) at about 8:25 this evening. I then bought 345 shares of AMD (AMD) not quite realizing the 60 shares of walmart had not been actually paid for yet. I realized the error, canceled the AMD order, and re-ordered AMD at 145 shares. this should have invested almost all of the 5K that I was given to start with.
I played around in the forums for a while, posted some messages, and noticed that my e$ at the top of the screen had gone up from posting messages. I realized it has been an hour and that amount should have gone down with the purchase of stock. I checked on my porfolio, and I havn't bought anything. I look in the order queue, and there are still two pending orders there.
Am I suppost to finalize the orders or otherwise make them happen? I thought by buying the stocks, it went into the order queue, and then 20 minutes later got purchased. Could you please help? |
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| Im Not Warren Buffett |
| Posted: Sun Mar 11, 2007 6:10 pm Post subject: |
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CFO
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| The markets need to be open for the sim to process them; and they aren't open on Sunday night. Your order will fill on Monday morning before 10 am. |
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| dallyn |
| Posted: Mon Mar 12, 2007 1:59 pm Post subject: |
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Investing Sr. Associate
Joined: 11 Mar 2007
Posts: 57
This Month: 0
20679.51 e$
Net worth: 29,507.25
Portfolio Value: 5,736.74
Monthly Return: -0.54%
Trades this month: 0
Churn Rate: 0.00%Items
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| Ahh... I understand now. thanks... |
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