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TD Ameritrade Trader Group S.V.P. Steve Quirk on the growing number of investors trading from 2am to 5am.
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Get up at 2 in the morning to get a trading -- and make yourself more money for your portfolio.
We'll put on a pot of coffee because TD Ameritrade trade trader group's senior vice president Steve quirk says.
If you do so you are not alone 2012.
Trends started to.
Manifest themselves late 2011 and one of them involved you looking at a clock and seeing.
Wait a minute a lot of our clients are trading early in the morning what time and what were they doing.
Well between the hours of 2 AM and 5 AMR 2 AM and 6 -- which is when all the relevant news from Europe which we started the segment we have.
It's coming out.
There are quite a few clients that would like to make either adjustments to their portfolios are more or initiate trades and capitalize on what they perceive this news is gonna do to the market what kind of -- producing.
We've seen a 60% jump 660%.
In the last six months in futures trading between those hours have been significant.
So the retail investor is Smart enough now at this point to see way to men and women him all the juicy stuff coming out early so rise setting their lives are getting up -- two.
That is that really the Smart thing to do -- -- -- it did this news flow is awfully mercurial.
-- it's mercurial but if you're a person remember the people are gonna trade these instruments typically are do they have would have a higher risk tolerance than your average retail client.
So they're looking for volatility there an opportunity.
Volatility is an opportunity for them to capitalize so.
They're gonna be very comfortable trading.
What is the next trend DC can you -- it forward a little bit and say that eventually we'll see some calming down a -- situation in Europe as.
Things become a little more transparent and clear didn't what I would -- I would say the next trend that we're gonna see is what I'll call a little bit more of a normalization.
Meaning.
You will might get people going back to investing in the manner that they did let's say prior to the last three years which I think.
For a lot of retail clients would be something that they would welcome.
'cause I -- plays a -- -- little Robert thank you for.
