Like Night and Day

Fx and commodities are used 24 hours x 365 days. Those should trade around the clock. Interest rates too as real money transactions happen in all currencies around the clock.

Individual stocks have limited information outside of earnings. Around the clock trading will just all for market manipulation outside of regular trading hours especially given that these stocks are regulated by the SEC and by reg fd.
 
Bad idea.

Limited trading hours makes for decent volume during a predictable time frame which makes things like stops actually useful.
24/7 means that at 1am on Xmas someone can run around trying to trigger stops.

Markets should be based around people taking a stake in the companies they're based on. Someone buying 100 shares of Steelcase at 2am to flip it at 3am doesn't seem like a thing that benefits anyone but gamblers and manipulators.

It you really just want to buy IBM but the market's closed, put in a limit order. I don't see the need to destroy the work/life balance of thousands of people.
 
engineering said:
Bad idea.

Limited trading hours makes for decent volume during a predictable time frame which makes things like stops actually useful.
24/7 means that at 1am on Xmas someone can run around trying to trigger stops.

Markets should be based around people taking a stake in the companies they're based on. Someone buying 100 shares of Steelcase at 2am to flip it at 3am doesn't seem like a thing that benefits anyone but gamblers and manipulators.

It you really just want to buy IBM but the market's closed, put in a limit order. I don't see the need to destroy the work/life balance of thousands of people.
More...
Wait what? How do you turn an argument on its head to make the same point? Are you telling me that a 10 to 11 am NY trader is concerned about taking a stake in the companies he trades? Hogwash!
You're only concerned with the work/life balance of those on East, Central or Mountain time. Heck, even Pacific time is a 6 am start which, to many, is a 4-5 am wake up time if they go to an office.
 
engineering said:
Bad idea.

Limited trading hours makes for decent volume during a predictable time frame which makes things like stops actually useful.
24/7 means that at 1am on Xmas someone can run around trying to trigger stops.

Markets should be based around people taking a stake in the companies they're based on. Someone buying 100 shares of Steelcase at 2am to flip it at 3am doesn't seem like a thing that benefits anyone but gamblers and manipulators.

It you really just want to buy IBM but the market's closed, put in a limit order. I don't see the need to destroy the work/life balance of thousands of people.
More...


Benefits gamblers and manipulators??????


Haaaaa.....they do this during regular sessions during market hours....

Manipulation is what wallstreet is all about...you think from market open to close there is no manipulation occurring?????


Flipping stocks happens all day, ever hear of dark pools or front running???


Haaaaaa, absolutely hilarious!!!
 
Gotta love the whole "we already have some of a bad thing so why not have more" argument. Really sophisticated.

I'm sure the people of the West Coast waking up early to track the market would love having to track the market 24/7 instead!
 
engineering said:
Gotta love the whole "we already have some of a bad thing so why not have more" argument. Really sophisticated.

I'm sure the people of the West Coast waking up early to track the market would love having to track the market 24/7 instead!
More...
Is that how you frame the argument?

I'd say a 24/7 frees you from your schedule constraint (then again, if you are an engineer, you may be wired to live that way). Place your orders, set your stops and the market can keep doing what it does on a continuous basis, with Asia and Europe trading US markets at their 9 to 4 times or whenever it suits us all.
 
engineering said:
Gotta love the whole "we already have some of a bad thing so why not have more" argument. Really sophisticated.

I'm sure the people of the West Coast waking up early to track the market would love having to track the market 24/7 instead!
More...

Let's be real here, do you really think tens of millions of people are tracking their stocks from 6am till 1 pm????

The answer is absolutely NOT.
Who cares what time zone you are in to track stocks. The 6.5 hour trading day is antiquated and needs to be ended very soon. Like I said your average Joe isn't checking their stocks every 7 minutes, so need to worry about your west coast buddies being a bit upset about 24 hr trading. It's coming.
 
engineering said:
Bad idea.

Limited trading hours makes for decent volume during a predictable time frame which makes things like stops actually useful.
24/7 means that at 1am on Xmas someone can run around trying to trigger stops.

Markets should be based around people taking a stake in the companies they're based on. Someone buying 100 shares of Steelcase at 2am to flip it at 3am doesn't seem like a thing that benefits anyone but gamblers and manipulators.

It you really just want to buy IBM but the market's closed, put in a limit order. I don't see the need to destroy the work/life balance of thousands of people.
More...
%%
DOES look like a bad idea, but its good light/daylight /good reading light now LOL\
Dark[nite] trading gets confused like green confused with orange, as noted here .{ I know many men are colorblind, not me, i can read a color chart from my home improvement days.}
Frankly i dont think trading-investing is gambling;
lotto [gambling ]is a stupid tax on people that cant do math.
Some nite owls may want it.
There a are business win streaks like the song says;
when you're hot/your hot; and when your not ,you're not.
Thanks a lot-Jerry Read song:caution::caution:
 
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