It is safe to say that the extended hours trading is an art. Someone needs years of study and training to get a successful trading experience, and someone has it in their blood. If you want to gain the experience of extended hours trading, then you should know the following facts:
The key skill of extended hours trading is the ability to hear others.
The most important thing in the extended hours trading is the ability to hear your opponent or opponents. It does not matter if your opponent sits at a table opposite or thousands of kilometers away on the other side of the computer. If you own this skill, then know that you will definitely succeed in extended hours trading.
The gift of persuasion.
If you are able to convince, then everyone and everyone will listen to you. Then they will do what you want.
Strategy and extended hours trading.
The question – how do we act when trading? – meets the trading strategy. There are an infinite number of trading strategies. Here are some of them: averaging strategy, earnings on falling prices, distribution strategy and many others. The names of the strategies already speak for themselves, but for a deep understanding of each strategy it is required to study it. In extended hours trading, all of these strategies can also be applied.
Only an experienced person can show over the results in the extended hours trading. You already know what you should be skilled in.
It remains only to learn.