So it officially starts at 6:00am. My trading desk era was 1998-2004. By 2005, I was trading from home, and had farmed out assets to hedge funds. "Cuban Ralph", the Pre-Market Master, would operate from 8:00am-9:30am, often done by 9:00am, and out of the office. He was very kind, and generous. I spent a year observing him (2003-2004): "Bro, it's going up" or "Bro, it's gonna tank". I could only see a vacuum of prices in L2, but he saw so much more. He really had a gift. So it's 6am now?
Interesting about the pre-market trader. I personally follow starting 6am ... I think official start is earlier. And it may be broker dependent re when you can trade eg fdly starts 7am
%% YES, even though my ETfs may not go up\down that much; but I pay more attention to moving averages than slope angle. I'm looking @TQQQ, now. On a one year chart, good average up slope. BUT the same one years data; on a 10 year chart /the last same one year chart looks almost straight up. But the numbers are the exact same + that'$ one reason i may glance @ a 10 year chart but not all the time /LOL
Yeah I remember when TQQQ was back in the 50s, great run. Today TZA best inverse chart. I crushed UVXY into today's close. The eod UVXY/VXX spike has been a rare repeatable play, makes me miss TVIX
%% Good moves TZA+ related ; i planned to stay out of SPXS,spxu today, even though good moves premarket futures, + cash + early today...............................................................