Do you know what time it is? It’s trading o’clock! In this blog post, we talk about after-hours trading Robinhood-how to trade stocks after hours. This way, if you miss the market close or want some late-night entertainment, this article will expose everything that happens in the stock market when most people are asleep.
Many people have been asking me about After Hours Trading Robinhood because they’ve heard that there’s no commission. That is true! I don’t want to indulge in the details, but when you’re trading after hours, you can change without having to worry about paying any fees. This means that you’re not wasting your time trying to calculate how much money you could make if only it were free. You also don’t need to be worried about getting in trouble with the law for something like this! It’s almost like being able to do whatever you want without worrying about what happens next. A great part is that it doesn’t cost anything, and it’s super easy too – click on one button and bam! You’ve got a full-fledged after-hours trading Robinhood account.
After Hours Trading Robinhood- Account Creation
Of course, because you’re going to be doing some after-hours trading, you need to know what time it is. After all, if you’re not paying attention, then how can you expect good results?
The surprising news is that even though the trading hours are not the same across all stocks, they usually occur between 4:00 pm EST and 9:30 pm EST. That’s five and a half hours of trading, so you have more than enough time to get in some good trades. Remember that the market closes at 4:00 pm EST every day except on Fridays, when it will close at 4:15 pm EST.
Like the regular stock market, you will want to make sure that you know what stocks and options are available for after-hours trading to start investing in the best one out there.
Here is a handy list of all of the stocks and options you can trade during this time: Stock AAPL, BABA, BIDU, CAT, DAL, FB, GOOGL GOO, GS, HD, HPQ IBM, INTC, LNKD NFLX, PFE PG …
Prices:
If you’re wondering what the prices mean, then here is a brief explanation of each type:
Underlying Stock:
This is just the stock that you’re trading. The price listed for this symbol is the current price of the stock at market close. This means that it’s far more likely to go down than up, but that could change if there are any big news stories about the company after hours or anything like that.
Options Strike Price:
This is how much one option contract will be worth when it’s all said and done. Since options are valued in dollars, not shares, it can get pretty confusing to figure out exactly how much your investment will be worth. If you win these bets, however, then this number determines how much you will make.
Ask Price:
This is how much it costs for someone to buy the option you are selling or shorting.
Bid Price:
This is the price that other people are buying options for. If you want to sell your choice, then how much you could get for it if another trader tried to purchase it.
Volume:
The total number of option contracts that have been traded so far today in blocks of 100
Steps To Follow For After Hours Trading:
To trade after hours stock, you just need to follow these steps:
1- Open your Robinhood App and sign in to your account
2 – Make sure that you’re logged into your regular investment account
3- On the left side of the screen, click “More.”
4- Click on “Get a Stock.”
5- Input the stock you want to purchase and click “Schedule an Order.”
6- Open your phone dialer and call this number: 1-800-766-5540
7 – Press 2 for English
8 – At the prompt, press 12 if you’re opening a regular account or three if you already have an after-hours trading account
9 – When prompted, enter in the information that they ask for
10 – You’ve just opened up your after-hours trading Robinhood account!
If you know how to invest in stocks and options but aren’t really interested in actually doing it yourself, then opening up an After Hours Trading Robinhood account is a really fantastic way to let someone else do all of the hard work for you.
Open up an after-hours trading account with Robinhood today!
You can also use this article for informational purposes if you want to access your after-hours trading account by calling or visiting their website. The steps are extremely simple, and they will make it very easy for you, so I like using them myself. I hope you’ve enjoyed reading this article and that it has been helpful to you. I wish you the best of luck with your investing!
What happens in the stock market when most people are asleep?
Electronic trading, or after-hours trading Robinhood, begins at 4 pm EST and ends at 8:30 am EST on weekdays.
After-hours trading brokers provide after-market access to exchanges like NYSE Arca, home to nearly 4,000 securities, including stock indexes and ETFs options.
Binary options brokers also allow for these trades. It’s critical to know that not all companies have after-hours markets available for transactions, so check with your brokerage firm before trying it out.
Stock market activity in the late afternoon takes place between 4 pm EST until 8 pm EST Monday through Friday. On weekends, however, electronic trading stops at 1 pm on Saturday and starts Sunday again at 9 am EST through to 4 pm EST.
After-hours stock trading is not risk-free even though it takes place on a different exchange, though this does allow investors to purchase or sell shares out of normal trading hours.
After-markets Robinhood:
If you are ready to trade outside regular market hours, this is called after-markets Robinhood. If you want to know about after-hours trading brokers, read on for more information. Stock prices can fluctuate significantly because there are fewer buyers and sellers than normal market conditions with higher volume. This means that movements in prices will likely be more volatile than during regular business hours. That’s why most investors who choose to access the markets outside normal business hours do so using limit orders rather than market orders.
Risks associated with After-market transactions:
Although after-market transactions may take place on different exchanges than where investors regularly trade, this is still considered day trading with Robinhood. At the end of each session, most brokers automatically revert all open positions to cash, so you don’t need to close your trades or manage open positions yourself.
After-hours stock trading can offer fast action and greater liquidity for traders willing to work outside normal business hours.
Before deciding that after-hours trading is right for your needs, you should ask yourself if you are prepared to withstand the risks associated with greater price fluctuations and a lack of liquidity? These factors can make after-hours trading a risky proposition for your investment strategy.
However, if you think the prices of the securities you want to trade might be more advantageous during off-peak hours, then possibly switching outside normal business hours will give you an advantage over traders who are restricted to 9 am EST – 4 pm EST.
Before choosing an online broker, consider whether or not they have after-market trading available and how easy it would be to place trades using limit orders instead of market orders. Market orders are executed at the current market price. Still, with a limit order, investors specify how much they are willing to pay or sell their shares before entering into any transaction. This can help you avoid making your trades during market hours when there is greater liquidity, but it may also limit your options for trade execution.
Another important thing to consider while investing in the after-market is the tax implications of doing so. Holding stocks outside of normal business hours can prevent investors from taking advantage of certain tax strategies that are only available during regular business hours. The Internal Revenue Service requires that all assets be marked to their market price at the end of every taxable year, meaning that you would have to pay taxes on any losses or gains incurred while trading in after-hours markets.
After-market stock trading volumes are usually much lower than during regular market hours because most investors typically do not have time to place trades outside their normal business hours.
The only exception to this rule is on days when big news announcements are expected between 4 pm EST and 8 pm EST, as investors may react to these market-moving events by placing new after-hours trades following the release of the information.
Boiled Down:
Many different types of after-market trading can occur depending on which securities you want to purchase or sell. Some brokers offer more options than others for after-hours trading. You must understand your investing needs before choosing an online broker because it will determine what kind of stocks you will trade during after-market Robinhood.
If you think trading outside normal market hours might benefit your investment strategy, consider contacting your broker to find out if they offer this service. If you want to learn more about Robinhood, check out their website at https://about.robinhood.com/
As always, I assume you have learned something new from this article and can use it in your day trading, investing or whatever other stock market-related thing you do with yourself. I wish you all happy trading!
Featured Image: Photo by Anna Nekrashevich from Pexels