What does “price within range of the current market asked price” mean?

Trader in front of five trading screens

Customers will find this wording in their weekend newsletter trade recommendations. This includes Weekend Trader, Weekend Alert, and Weekend Player.

Due to the nature of these services, the trade recommendations are published when the market isn’t open. Subscribers receive the trades on Sunday nights and may place the orders on Sunday evening or Monday morning, both before the market opens.

By utilizing this wording, we are advising customers to use the latest available ask (offer) price for guidance in determining their personal limit order, as the ask price at the close of business on Friday could be different from the ask price on Monday morning. Unlike real-time alert services, we are advising that customers use their best judgment in placing a limit order, using the last ask price as guidance.

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