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Comment by quantgenius | Hacker News Reader

In the US the stock market officially opens at 9:30 and closes at 16:00 NY time every day. The day return is the return from the first trade (the official opening price but it would take too long to explain the the difference) at or after 9:30 to the last trade at or before 16:00 (the official closing price) and the night return is the return from the closing price to the opening price the next trading day.

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premarket 7am NY to 9:29am NY

regular market ends 3:59:59pm NY

post market starts 4:00pm NY, ends 8:00pm NY

correct?

8pm to 7am there’s no way to trade something like SPY and to be honest as a retail investor, can i even buy pre/post market on like, fidelity?

You can trade SPX (which is what SPY is based on) via IBKR after hours. SPX is only options though. They may have extended that to SPY as well now though, since SPY now has daily expiring options.

There's also S&P (ES), NASDAQ (NQ) and other futures. They trade 23/6, closing at 5pm EST on Friday and reopen on Sunday at 6pm EST. Otherwise, they're trading 23 hours a day, except between 5pm and 6pm EST Mon-Fri

Who/what is able to trade equities specifically (like SPY the ETF, or any of its underlying components like AAPL, META, etc.) pre-market and/or post-market?

Anyone that uses IBKR as their broker can trade what I mentioned above pre/post market (and some cases overnight). IBKR is a retail broker. I use them, for example. Most brokers in the US let you trade common stock before and after market hours, even ones like webull. That said, not every broker has the same pre/post market trading hours, but the better ones let you trade almost all day and night depending on the underlying equity.

https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2Ft...

https://ir.cboe.com/news-and-events/2021/06-15-2021/cboe-ext...

https://www.reddit.com/r/options/comments/xr3gqb/where_can_i...

Do you consider yourself a trader/active trader? Or just a retail investor who likes to pick stocks other than just buy+hold mutual funds?

I day trade futures a few times a week. Rest goes into my Roth IRA or brokerage account as long term stock holdings.

It's honestly too much work for me to do anything else and the market is too volatile right now

> I day trade futures a few times a week.

How profitable are you doing that?

Enough to dedicate an 60-90mins of my day to scalping one or two trades and then go about my day as usual. I have a consistent strategy I backtested and follow. I don't see a trade that meets my criteria, then I close my broker. Most people that day trade don't do that and that's why they lose money.

I've been trading for a while and don't suggest to others to trade futures[0]. It's essentially highly leveraged stock, but less risk than options.

[0] https://www.investopedia.com/terms/w/widow-maker.asp

Any investor can. If the option is not available to you, contact your brokerage to ask about it. Many (most?) brokerages require signing a waiver confirming that you understand the additional risk posed by trading in low-volume pre- and post-market yours.

Is it typically behind extra fees?

Other than the fees that normally come with trading an ETF, no. Commissions vary by brokers though. No fees are related to the time you trade though

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