Effective exchange time: what is a premarket

Effective exchange time: what is a premarketYou can participate in trading on the stock exchange only during its opening hours. For those who do not have enough time, there is an exchange over time: premarket, that is, the time before the start of the main session, and postmarket  the time after the close of trading.Although the volume of trading in the pre-session is significantly lower  at this time most of the big players are sleeping  there is a great chance for profit.The premarket thinks in other categories: before the official start of trading, the system accepts preliminary limit orders and allows you to track the status of applications. By the way, reports, panic news and other dangerous news are almost never published during the main trading hours  only before or after.The premarket for US stocks is available from 8:00 to 9:30 (ET) and is very interesting for traders who prefer to trade based not on dry data, but on hot news, gossip, and insider leaks. The goal is to determine the prices at the opening of the main session. Trading robots and HFT systems do not affect the price at this time, transactions are made only between live participants.Usually, the available price range for a premarket order is limited to max/min in the order book, however, there is a real chance to make a deal before the opening of the exchange. Otherwise, the order will go to the main trading session with the specified limit preserved. These limited conditions can be used to capitalize on the price gap.Sometimes exchanges close premarket/postmarket access for new users who don't understand the risk well, although this time is usually available without any conditions. Not all assets can be traded  restrictions vary slightly in different countries. As a rule, they trade in shares of large companies, because it is difficult to find a buyer for poorly liquid assets in this sleepy time.Are you a premarket trader? Share your experience!Profits to yall!#ForexChief #hft #forexnews #StopLoss #stocks #market #profit #Traders #exchange