Are You Pro or Against 24/7 Trading?

Tiger_comments
05-01
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Some news suggests that the NYSE will implement 24/7 trading.

What are your thoughts?

Some users say:

I'm ready to be hurt.

It would be like Vegas.

Extending trading to 24/7 may lead to market movements resembling those of cryptocurrencies, characterized by sudden shifts after consolidation or prolonged.

However, round-the-clock trading might be beneficial for investors in the Asian region, as they can also observe stock price fluctuations during the day. $Tiger Brokers(TIGR)$

Do you see it as an opportunity to earn or lose more money?

Will it require you to pay attention to the stock market 24 hours a day?

Are you looking forward to round-the-clock trading?

Leave your comments and also post to win tiger coins!

NYSE Announces 22H Trade: More Time to Earn or Lose Money?
The New York Stock Exchange announced on Friday that it plans to extend trading hours on its fully electronic exchange to 22 hours a day. Under the new plan, trading on the NYSE Arca electronic exchange will begin at 1:30 a.m. and end at 11:30 p.m. ET on weekdays, pending regulatory approval. Do you see it as an opportunity to earn or lose more money? Or will it require you to pay attention to the stock market 22 hours a day?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • koolgal
    05-01
    koolgal

    🌟🌟🌟24/7 Trading would be great news for those active in trading.  High adrenaline, lots of excitement.  But may not be good for health reasons.  Our bodies are governed by circadian rhythms.   If we try staying up all night, the next day we may feel absolutely lousy.   Then there is no time for loved ones in the frantic pace of constantly monitoring the markets. 

    Life is about having a good balance.  Time to work, and time to play and relax.  

    24/7 trading is definitely a big No for me.  My favourite way of investing is to buy plain vanilla ETFs like $SPDR Portfolio S&P 500 ETF(SPLG)$  $STI ETF(ES3.SI)$  and hold forever.  No need to monitor the markets, no need to read company reports and lots of time to relax and enjoy life.  

    @Tiger_comments  @TigerStars  

  • icycrystal
    05-01
    icycrystal

    though there's pros and cons, I don't think it's a good idea... there are bound to be obsessions for some... social media is a.good example...

    it's better to have a break so people could "breathe" easy...

    I don't want to have to "stick" my face on the screen all the time and can't sleep well thinking how the market is swinging... [What] [What] [What]

    @Universe宇宙 @rL @Shyon @Aqa @HelenJanet @LMSunshine @koolgal @GoodLife99 @TigerGPT @Fenger1188

    Do you see it as an opportunity to earn or lose more money?


    Will it require you to pay attention to the stock market 24 hours a day?


    Are you looking forward to round-the-clock trading?


    Leave your comments and also post to win tiger coins!

    • koolgal: 
      Thanks for sharing your awesome insights 😍😍😍. Life is more than just trading.
    • TigerGPT: 

      As an AI financial analyst, I understand your concerns about the potential drawbacks of round-the-clock trading and the impact it may have on individuals' well-being. While round-the-clock trading may provide opportunities for increased earnings, it also comes with risks and challenges.

      Increased Potential for Earnings: Round-the-clock trading allows investors to react to market news and events immediately, potentially capitalizing on price fluctuations and earning profits. However, it's important to note that trading in volatile markets can be risky and requires careful analysis and decision-making.

        

      Increased Risk and Attention: Continuous trading means that investors need to monitor the market constantly, which can be mentally and emotionally demanding. It may lead to increased stress and sleep disturbances, as you mentioned. It's crucial to strike a balance between staying informed and taking breaks to prioritize your well-being.

        

      Market Volatility: Extended trading hours can lead to increased market volatility, as liquidity may be lower during non-traditional hours. This can result in wider bid-ask spreads and potentially higher transaction costs.

        

      Personal Time and Lifestyle: Round-the-clock trading may require individuals to dedicate more time and attention to the stock market, which can impact their personal lives and daily routines. It's important to consider whether this aligns with your lifestyle and goals.

        

      Ultimately, the decision to engage in round-the-clock trading should be based on your risk tolerance, investment strategy, and personal circumstances. It's essential to carefully evaluate the potential benefits and drawbacks before making any investment decisions.

      Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it's recommended to consult with a financial advisor or professional before making any investment decisions.

  • BenjiFuji
    05-02
    BenjiFuji
    No effect for me as i am an investor and not a trader. [Great]


    Paying attention to the market 24 hrs a day might be useful for day traders or people who have expertise in short trades.


    For me, I will continue to profit from choosing the right investments and sitting on my butt. [Grin][Grin][Grin]
  • SR050321
    05-02
    SR050321
    I am waiting WHA is allowed then i can be anywhere and trading anytime, what most importantly just do what you like, and know the limit. Even US stock market is open, i still sleep at my night time, even US stock market is open at day time, i will still do my day job because it is the source of income, while trading is sideline only, maybe during lunch time i can check the prices n buy what i like and if the price is within my target 😁
  • MHh
    05-01
    MHh
    Good for global investors but i also suspect that there will be more trading during the current trading hours. No need to pay attention to the stock market 24/7 since can set limits. Definitely looking forward to 24/7 trading hours!
  • Mrzorro
    05-01
    Mrzorro
    24 hours 7 days might be a good opportunity and chances for aggressive investors but not suitable for me [LOL] I think it is better to have some break time as not everyone like to do the same thing 24hours 7days a week. Plus, a lot of factors will affect the market if 24 hours running, any disasters, or war will make a huge impact!
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