No. I cannot stress this enough: Using market orders to place your Night Trades could wind up losing you a lot of money.
First, we need to confirm that the trend identified by my technical analysis will continue. A market order doesn’t do that. If you place a market order after hours, it will automatically fill at the open, no matter the price – and there’s no telling what can happen in thin after-hours trading. If a stock gaps down 2% at the open, then the uptrend of the previous five days isn’t likely to continue.
What’s more, after such a strong uptrend, the stock could be ready to “give back the gains.” If so, it could drop 5% or 10% very quickly as it reverts to the mean. Using a simple market order will not allow you to protect your capital with the tight trailing stops we prescribe.
I’ll say it again: Do not use market orders to place your Night Trades.