The first day of the pre-market trading hours is one that I can’t even begin to describe. The chaos of the trading floor and the speed of the action make you feel like you’re riding in a bullet train. The action is frenetic, the chatter and loud chatter and the chatter that goes on all around you. You can feel the market getting hotter as the hour progresses.
It is like time-looping in a more extreme sense, but it’s still a great way to get a feel for the markets.
I think Schwab’s pre-market trading hours are one of the best trading days I’ve ever experienced. They are the kind of day that you can’t stop thinking about because its like a day or two before the real market is open, and you cant stop thinking about it because you don’t want to miss a single deal or a single trade.
I have no doubt that pre-market trading hours are one of the best trading days Ive ever experienced. However, I also have no doubt that pre-market trading hours are one of the worst trading days Ive ever experienced. Because they are so busy you cant really just focus on trading and do nothing else.
It is my belief that trading days are one of the worst days to trade because they are really long. Like you are constantly waiting for a deal or a trade to happen because there is a minimum time limit in place. It is my opinion that trading days are one of the best days to trade because they are extremely short. The shortest day of the week is the Thursday, and the shortest trading day of the week is the Thursday, so the Thursday is often the best day to trade.
I think the real problem with trading is when you don’t know what you are doing, or you are trying to trade with a large amount of money that you don’t know how to invest. That is when you get in trouble.
Trading in the pre market is like day trading. It is simply buying and selling on the open market. There is no minimum time limit, and the trader is responsible for any mistakes they make. For example, if a trader has an idea about one of their trades that is clearly wrong, they can take it back to the open market and ask for a correction. However, by asking for a correction, they are taking the risk of making a wrong trade.
I love this quote from Schwab’s ad: “It’s not about the hours you work, it’s about the hours you sleep.” They are actually saying that the hours you work should be more important than how well you sleep, and the hours you sleep should be less important than the hours you work.
If you want to get a good idea of how a trading system works, then the best way to do it is to get your broker to give you a call. Most brokers will ask you some questions during this call and then ask you to send them some data. If they are not giving you data then they have their own system. The key is to get the data you need.
I have a good feeling about what is going to happen soon. For those of you who haven’t been paying close attention to my blog, I am going to be doing a post on how trading and your online brokerage account work and how to use it to your advantage. I am going to give you a quick run-down of what a pre-market should look like, and then I will show you how to get your broker’s attention.