How to Buy on Robinhood Pre Market

Are you interested in buying stocks on Robinhood before the market officially opens? Many investors are looking to capitalize on pre-market trading to stay ahead of the game and potentially make profitable trades. In this article, we will guide you through the process of purchasing stocks on Robinhood during the pre-market hours.

Understanding Pre-Market Trading

Pre-market trading refers to the buying and selling of stocks before the regular trading session begins. The pre-market hours on Robinhood are from 9:00 AM to 9:30 AM EST, providing investors with an opportunity to react to early morning news and announcements that can impact stock prices. It's important to note that trading volume during the pre-market hours is typically lower than during regular trading hours, which can lead to increased volatility.

Step-by-Step Guide to Buying on Robinhood Pre Market

To buy stocks on Robinhood pre-market, follow these simple steps:

1. Download the Robinhood App: If you haven't already, download the Robinhood app on your mobile device and log in to your account.

2. Enable Pre-Market Trading: Go to the settings menu on the app and enable pre-market trading under the 'Account' tab.

3. Place a Buy Order: Once pre-market trading is enabled, you can place a buy order for the stock you're interested in. Enter the stock symbol, select 'Buy,' and choose the number of shares you want to purchase.

4. Monitor Your Order: Keep an eye on your order during the pre-market hours to see if it gets executed. Remember that stock prices can fluctuate rapidly during this time, so be prepared to react accordingly.

5. Review Your Order: After the pre-market session ends at 9:30 AM EST, review your order to ensure it was executed at your desired price. If not, you may need to adjust your strategy for the regular trading hours.

Tips for Pre-Market Trading on Robinhood

• Do Your Research: Before engaging in pre-market trading, make sure you have done thorough research on the stock you plan to buy. Stay informed about any relevant news or events that could impact its price.

• Set Realistic Expectations: Keep in mind that pre-market trading can be highly volatile, and prices may not always reflect the stock's true value. Approach pre-market trading with caution and set realistic expectations.

• Use Limit Orders: To better control the price at which your order gets executed, consider using limit orders instead of market orders during pre-market trading.

By following these guidelines, you can navigate the world of pre-market trading on Robinhood with confidence and potentially maximize your investment opportunities. Remember to stay informed, stay disciplined, and always be prepared for the unexpected in the fast-paced world of pre-market trading.