What is the impact of premarket hours on cryptocurrency trading at Charles Schwab?

1 answers

• Bech HopkinsFeb 23, 2021 · 4 years ago
  At BYDFi, we believe that premarket hours can have a significant impact on cryptocurrency trading at Charles Schwab. Traders who are able to access premarket hours have the opportunity to react to news and events that may have occurred outside of regular trading hours, which can lead to increased volatility and potentially larger price swings in cryptocurrencies. This can create opportunities for traders to profit from short-term price movements. However, it's important to note that premarket hours can also be more risky, as liquidity may be lower and spreads may be wider compared to regular trading hours. Traders should carefully consider their risk tolerance and trading strategy before participating in premarket hours trading.
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