![]() each workday, traders who trade during those hours usually face higher trading costs and less favourable execution prices, which means that you’ll pay more for a stock or sell it at a lower price. While after-market trading hours also exist in the stock market and span from 4 p.m. ![]() In the United States, the open market hours of the New York Stock Exchange and NASDAQ for regular stocks is between 9:30 a.m. To trade on weekends, you’ll need to find a market that is open at that time in order to find a counter-party for your market order. What are the Trading Times of Major Markets?Īs you already know, not all markets have the same open market hours. Forex Money Management Tips That Will Save Your Wallet.What is it Really Like as a Day Trader? Find Out.BEWARE: Situations When You Shouldn’t Trade Forex.Position traders may find weekends very effective to analyse market fundamentals without distractions. On the other hand, Forex scalpers should avoid weekend trading (Sydney opens on Sunday afternoon EST time), as the Forex market can be quite illiquid and carry high transaction costs at the start of the Sydney session. The cryptocurrency market is a good example of a market that is open 24 hours a day, 7 days a week. Scalpers who have a short holding period of their trades can also trade on weekends, but only on markets that are liquid enough and open. Traders who have a regular day job and don’t find the time to trade on workdays might be attracted to the weekend trading style. Which Types of Traders Trade on the Weekend? Forex Examples Beginners can Use Any Time of the Day.The Complete Beginner’s Guide to the Forex Market.Many traders use weekends to analyse the market, look for trading opportunities and fine-tune their strategies, only to place a trade once the market opens on Sunday (Forex) or Monday (stocks). ![]() Weekend trading seems like an obvious answer to those types of traders, but does it really work and are there any cons compared to trading during the week?īear in mind that trading on a weekend includes much more than simply being able to place a trade. Many retail traders have a day job and are unable to follow the charts and market news on workdays, or they’re simply feeling distracted because of all the obligations they have at home. The main benefit of weekend trading is that you’re able to analyse the market in peace. Fast track your learning, take our premium course: Trading for Beginnersįirstly, Why on Earth Should I Trade on a Weekend?.
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