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

3 answers

• Nov 23, 2021 · 3 years ago
  The best premarket hours for trading cryptocurrencies on eTrade can vary depending on the specific cryptocurrency you are trading. Generally, the premarket hours on eTrade start at 4:00 AM Eastern Time and end at 9:30 AM Eastern Time. During these hours, there is typically lower trading volume and liquidity compared to regular market hours. It's important to note that premarket trading can be more volatile and have wider bid-ask spreads. It's recommended to do thorough research and analysis before engaging in premarket trading.
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• Nov 23, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on eTrade during premarket hours, it's important to consider the overall market sentiment and news that may impact the cryptocurrency you are trading. Pre-market hours can be more volatile, so it's crucial to stay updated with the latest news and developments. Additionally, it's advisable to use limit orders instead of market orders during premarket trading to have more control over the execution price. Remember to always do your own research and consult with a financial advisor if needed.
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• Nov 23, 2021 · 3 years ago
  Based on my experience at BYDFi, a digital currency exchange, the best premarket hours for trading cryptocurrencies on eTrade are usually between 8:00 AM and 9:30 AM Eastern Time. During this time, there is usually higher trading volume and liquidity compared to earlier premarket hours. However, it's important to note that market conditions can vary, and it's always recommended to monitor the market closely and adjust your trading strategy accordingly.
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