Overnight trading will benefit different parts of the world and bring the world much closer together. However, this may be detrimental to health for enthusiastic traders , both physically and mentally🤯.
With the boom of online platforms, basically everyone and anyone can trade any time. Sounds like a plan. But how about market analysts? 🫨🫨 sounds stressful for them… basically im not a heavy trader but i like to look at charts.
With trading round the clock, there will be more data to look at and it will be interesting!
Though transiting to 24/6 trading model faces several hurdles like maintaining liquidity and mitigating settlement risks, I like this idea!
Change is a constant! Lets embrace it if it happens! 💪🏻💪🏻
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.
Comments