Published On May 13, 2023
In this video, we dive deep into Robinhood's announcement of offering 24-hour stock trading on their platform. Is this a revolutionary step in the world of investing, or is it a potential trap for inexperienced investors? Join me as I break down the ins and outs of this bold move, discussing its risks, benefits, and how it may impact the world of trading.
00:00 Intro
00:57 The normal trading day vs Extended Hours
02:46 24/5 Trading
03:41 Why offer 24 hour trading?
06:15 Risks of extended hours trading
07:49 Unlinked markets
08:25 Trading too much leads to lower performance
09:18 Concluding thoughts
Don't miss out on the crucial insights covered in this video, including:
-A detailed explanation of 24-hour trading and how it differs from traditional trading hours
-The reasons behind Robinhood's move and its impact on the investing landscape
-A look at the risks associated with extended hours and overnight trading
-The effects of increased trading activity on investor performance
If you're interested in personal finance, investing, and staying up-to-date with the latest trends in the world of money, make sure to subscribe to Preet's channel for more informative and engaging content! 🔔
🔗 Useful Links & Resources:
Securities and Exchange Commission (SEC) Extended Hours Trading Risks: https://www.investor.gov/introduction...
"Trading Can Be Hazardous To Your Wealth" Research Paper: https://onlinelibrary.wiley.com/doi/a...
Journal of Finance Article on Robinhood Traders: https://onlinelibrary.wiley.com/doi/a...
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