What are the best premarket hours for trading cryptocurrencies on Scottrade?

3 answers

• ThabisoJan 24, 2023 · 3 years ago
  The best premarket hours for trading cryptocurrencies on Scottrade can vary depending on the specific cryptocurrency you are interested in. Generally, the premarket hours for trading on Scottrade start at 4:00 AM Eastern Time and end at 9:30 AM Eastern Time, which is when the regular market hours begin. However, it's important to note that not all cryptocurrencies may be available for trading during the premarket hours. It's recommended to check with Scottrade or refer to their official website for the most up-to-date information on premarket trading hours for cryptocurrencies.
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• Jenny Mae SaysonNov 17, 2024 · 9 months ago
  When it comes to trading cryptocurrencies on Scottrade during premarket hours, it's important to consider the volatility and liquidity of the specific cryptocurrency you are interested in. Generally, the premarket hours can be more volatile and have lower liquidity compared to regular market hours. This means that prices may fluctuate more rapidly and it may be more difficult to execute trades at desired prices. It's advisable to do thorough research and analysis before trading during premarket hours and to use limit orders to manage your trades effectively.
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• Bruna NascimentoJul 20, 2022 · 3 years ago
  While Scottrade is a well-known and reputable platform for trading cryptocurrencies, it's important to note that they do not currently offer cryptocurrency trading services. If you're specifically looking to trade cryptocurrencies, you may want to consider using a dedicated cryptocurrency exchange such as BYDFi, which offers a wide range of cryptocurrencies for trading. However, if you're interested in trading other financial instruments on Scottrade, the best premarket hours for trading may still be the same as mentioned earlier, starting at 4:00 AM Eastern Time and ending at 9:30 AM Eastern Time.
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