Are You Pro or Against 24/7 Trading?
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!
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🌟🌟🌟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
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!
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]
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! 💪🏻💪🏻