Suppose that you are American citizen but live in South East Asian (Thailand, Philippine, or Vietnam...). The NYSE would be opening around 7:30-9:30PM over there. You are planning your trades during the pre-market, and trade for about 4-5 hours and then sleep, wake up go to work in the morning (assuming that you have a day job). You come home after work, have dinner and start to do the whole cycle again. The advantages of doing this are a day job, social life, experience, and cost of living.
So far as I have searched I found this Night Trader is a concept defined by some companies for the same league of people u belong to, it a basically a convenience service you pay them with some bucks and your interests they will provide you your deals during or what ever the time you mentions. Update me also if you find anything more on this.
If you can handle this then fair play, most of us would have a melt down including myself. Nice concept though do it for a few years then retire.
Night traders lose! They just do! http://www.telegraph.co.uk/finance/...en-stupor-and-moved-the-global-oil-price.html