Hours you can trade

Miked25
Miked25 Posts: 5 ✭
in Beginners Questions
Hello, my name is Mike Douglas. I work 9-6 Monday-Friday Central Standard Time. I would like to start trading in March once I do more studying and research. I would like to trade part time. Are there opportunities to trade after 6PM central time and on the weekends?
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  • Okane
    Okane Posts: 1,282 admin
    Hey. The markets are closed on the weekends. Any broker offering trading on the weekends is offering simulated market and I would be very cautious touching something that is computer generated and can be manipulated. So, the market is open Monday to Friday 24/7. If you open a chart, for example in MetaTrader 4, you will see how the charts actually stop somewhere around 22-23 GMT on Friday's and open around 23-00 GMT night on Sunday (well it's pretty much Monday after 00).

    You can trade 18 CT which I suppose is around 13 GMT, I usually trade 13 GMT till 18 GMT and there is good volatility.

    However, I fear you still don't know much about charting and trading and you shouldn't be trading live until you learn. Unless you just want to gamble.
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  • Miked25
    Miked25 Posts: 5 ✭
    Thanks for responding. I have a degree in Business Administration, Majored in Finance, but I am clueless to this. I will take your advice and I will put in the study. Thank you.
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  • bsbZen
    bsbZen Posts: 84 ✭
    Miked25 said:

    Hello, my name is Mike Douglas. I work 9-6 Monday-Friday Central Standard Time. I would like to start trading in March once I do more studying and research. I would like to trade part time. Are there opportunities to trade after 6PM central time and on the weekends?

    Hello Mike,

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  • illod
    illod Posts: 49 ✭
    I don't get how can you trade during the weekend when the market is not working. That means that most likely wrong quotes will appear on the broker's part...
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