What are the advantages and disadvantages of trading PYPL after hours?

1 answers

• Ellegaard BryantDec 02, 2020 · 5 years ago
  Trading PYPL after hours can be a double-edged sword. On one hand, it allows for more flexibility in terms of when you can trade. This can be beneficial for those with busy schedules during regular trading hours. Additionally, after hours trading can provide an opportunity to react to news and events that occur outside of regular trading hours, which can be advantageous in the fast-paced world of cryptocurrencies. However, there are also downsides to consider. After hours trading tends to have lower liquidity, which can result in wider bid-ask spreads and increased price volatility. It's also important to note that after hours trading carries additional risks, as news and events that occur outside of regular trading hours can have a significant impact on PYPL prices when the market opens. Therefore, it's crucial to carefully weigh the advantages and disadvantages before engaging in PYPL trading after hours.
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