Cryptocurrency Q&A
What is a PM trading?
What is a PM trading?
TaekwondoMasterStrength
Wed Jul 24 2024
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7 answers
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Could you please elaborate on what is meant by "PM trading" in the context of cryptocurrency and finance? I'm curious to understand what specific activities or transactions it encompasses and how it differs from other trading strategies or time frames. Additionally, how do traders utilize PM trading to their advantage, and are there any risks associated with this approach?
7 answers
Ilaria
Fri Jul 26 2024
Trading in the financial markets extends beyond the standard opening and closing hours of exchanges. This practice is known as pre-market and after-hours trading, which offer investors additional opportunities to execute trades.
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EmeraldPulse
Thu Jul 25 2024
Pre-market trading typically commences early in the morning, preceding the official opening of markets. For example, in the Eastern Time Zone (ET), pre-market trading usually begins at 8 a.m. and continues until 9:30 a.m. on weekdays.
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CryptoChieftain
Thu Jul 25 2024
Among the cryptocurrency exchanges that cater to these extended trading hours is BTCC, a UK-based platform offering a comprehensive suite of services to traders.
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Silvia
Thu Jul 25 2024
This pre-market session allows traders to react to news or events that may impact the market, positioning themselves for the day's trading session. It also provides liquidity for investors who wish to enter or exit positions before the market officially opens.
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WhisperWind
Thu Jul 25 2024
BTCC's services encompass spot trading, where investors can buy and sell cryptocurrencies at the current market price. Additionally, the exchange offers futures trading, allowing traders to speculate on the future prices of digital assets.
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