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To turn on Extended Hours Webull, you need to enable it in your account settings. This feature allows you to trade on the Webull platform outside of regular market hours.
You can find the Extended Hours setting in the Webull app under the Account tab. Simply tap on it to access the feature.
Understanding Webull's Trading Hours
Webull's trading hours have been extended to give users more flexibility. Now, you can trade from 4:00am until 5:30pm eastern time.
Webull Canada users can trade during these extended hours, with more hours to come. This is a big deal, as it allows users to stay ahead of market shifts and capitalize on opportunities outside of traditional trading times.
Michael Constantino, CEO of Webull Canada, said that this expansion marks an important step forward in providing users with greater flexibility and access to innovative tools.
You can trade select securities 24 hours a day, 5 days a week, except for a brief pause between regular and extended hours. This is thanks to Webull's partnership with Blue Ocean Alternative Trading System (BOATS).
Webull utilizes BOATS to facilitate overnight trades and provide quote data. This allows you to trade outside of traditional stock exchange hours.
Major price swings, corporate actions, and internal risk control adjustments by Blue Ocean can affect available securities. Keep this in mind when trading during extended hours.
Webull's extended trading hours are subject to change without notice. Always check the Webull website for the most up-to-date information on trading hours.
Benefits of Trading During Extended Hours
Trading during extended hours offers the opportunity to execute trades outside traditional market hours, allowing you to take advantage of pre and post-market volatility.
With Webull's 24-hour trading, you can trade select securities 24 hours a day, 5 days a week, except for a brief pause between regular and extended hours. This means you can participate in emerging out-of-hours trading events in the US, such as significant market developments, macro events, or crucial company news.
Trading during extended hours can also help you stay ahead of the market, as you can react to news and events as they happen, rather than waiting for the next trading day. This can be particularly beneficial for traders who want to capitalize on market movements that occur outside regular hours.
Webull's 24-hour trading in Australia will be available from 10:00 to 17:58 AEST, Monday to Friday, allowing Australian traders and investors to execute orders during the Australian business day, outside of regular and extended US trading hours. This will ensure next-day settlement, regardless of the time of execution.
Around-the-clock trading is becoming the norm across markets, with Interactive Brokers extending trading hours for US Treasury bonds to 22 hours each day, up from the previous nine hours.
Trading Strategies
Trading Strategies can be a game-changer for your Webull experience.
Scalping is a strategy that involves making multiple small trades throughout the day, often with a focus on high-frequency trading. This can be done on Webull using the platform's advanced trading tools.
News-based trading strategies involve reacting to market-moving news events to make trades. Webull's news feed can be a valuable resource for this type of strategy.
Swing trading involves holding onto trades for a few days or weeks, allowing you to ride the market's momentum. Webull's charts and technical indicators can be useful for identifying potential swing trading opportunities.
Trend following is a strategy that involves identifying and following the direction of a market's trend. Webull's trend lines and moving averages can help you identify trends and make informed trading decisions.
The key to success with any trading strategy is to stay disciplined and focused.
Sources
- https://financefeeds.com/webull-canada-launches-extended-trading-hours/
- https://www.prnewswire.com/apac/news-releases/webull-thailand-launches-market-first-24-hour-us-stock-trading-for-local-investors-302213901.html
- https://trendspider.com/learning-center/webull/
- https://www.financemagnates.com/forex/webull-launches-24-hour-trading-in-australia/
- https://blog.pbalerts.com/webull-introduces-overnight-trading-here-is-how-it-works/
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