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/biz/ - Business & Finance


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14848921 No.14848921 [Reply] [Original]

What's stopping a broker from saying fuck it and introduce 24/7 stock trading? Is it a plot to keep normans poor by greatly restricting their access to the market while they're wagecucking?

>> No.14848928

>>14848921
god she’s cute

>> No.14848930
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14848930

>>14848921
>Is it a plot to keep normans poor by greatly restricting their access to the market while they're wagecucking?
yea

>> No.14848935

>>14848928
she really is

>> No.14848946

>>14848921
>restricting their access
yes
its the same reason market lingo is used to keep n00bs out

>> No.14848977

>>14848928
>>14848935
>she

>> No.14848981

>>14848946
>>14848930
I don't completely buy it. There's gotta be an underlying reason because the first broker who offers it would stand to make tons of money in commissions from the customers who want to trade after work.

>> No.14849008

>>14848981
>>14848921

I thought the SEC restricted it

>> No.14849019

>>14848981
Welcome to real-life Capitalism. Money doesn't go to whoever attends to a need, it goes to the well-connected, those with a certain (((agenda))), and ultimately, (((the tribe))).

Financial independence is dangerous, goy.

>> No.14849029
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14849029

>>14848928
What about now
(She’s gained weight since this pic)

>> No.14849040

if you've ever tried to trade stocks in premarket or after hours you will know theres no fucking volume and it sucks fat dicks

i have access to trade stocks from 4am to 8pm every weekday but theres basically no point because the spreads are so fucking large. The only time its ever useful is during some news event or earnings report and even then you are better off just trading within the normal hours for the liquidity and small spread

>> No.14849118

>>14849040
>if you've ever tried to trade stocks in premarket or after hours you will know theres no fucking volume
And the main reason is because most brokers only allow trading an hour or so before and after 9:30-4 ET.

Maybe the real reason is that professionals don't want to be caught with their pants down while working a normal work schedule. It's the only class of people that the whole NYSE hours of operation scam benefits.

>> No.14849181

>>14849118
>Maybe the real reason is that professionals don't want to be caught with their pants down while working a normal work schedule
I think its mostly this.

Wall Street pros already work lik 60-80 hours per week. Why would they want to work 100 weeks for more chances to lose money? Who the fuck wants to get margin called at 4am in the morning?

Why do you think crypto trading has a reputation of being so stressful -- markets open 24/7 and you can't go to bed without your phone next to you for checking blockfolio/binance

>> No.14849238

>>14848921
same reason why theres a $25k cash limit to day trading

>> No.14849263
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14849263

>>14848921
narrator: "just after clicking 'post'... OP realized he had to look up the difference between a broker and an exchange"

>> No.14849347

>>14849008
>>14849238
this. fucking lol at you zoomers on here who don't understand how the (((stock market))) works.

srsly how? that's impressive.

>> No.14849385
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14849385

>>14849029
The op one is from the new movie version of IT. Different girl.

>> No.14849449

>>14848921
PNK / Kleros will take you to court if you try anything funny, so it's better to not.

>> No.14849723

>>14848921
Weown.com Stock exchange (24/7) going live this year.

>> No.14850166

Most retards would become obsessed with "daytrading" and destabilize the market. Fuck traders.

>> No.14850177

>>14848921
god fuck this looks like a female version of me

>> No.14850362

>>14849181
Crypto is worth it because of its volatile. If youre working 80 hours a week whats 100 hours? Everyones in it to get rich as fuck

>> No.14850401

>>14848921
There is already 24/7 trading. You can trade overseas markets.

>> No.14850435

>>14850177
You should transition and be my gf.

>> No.14850520

>>14850435
I'm manly as fuck mate, but hair colour and eyes are the exact same as mine. I'd gf her too though. Nothing wrong with wanting to fuck yourself.