Robinhood Gold does allow you to trade after hours. Robinhood Gold is a premium subscription service offered by the Robinhood brokerage platform. It provides several additional features to users, including extended-hours trading.
Extended-hours trading, also known as after-hours trading, allows investors to buy and sell stocks outside of the regular trading hours set by the stock market. The regular trading hours for most U.S. stock exchanges are from 9:30 a.m. to 4:00 p.m. Eastern Standard Time (EST). However, with Robinhood Gold, users can access extended-hours trading to place trades before the market opens and after it closes.
The premarket trading session on Robinhood Gold starts at 9:00 a.m. EST and lasts until 9:30 a.m. EST. During this time, investors can place trades and react to news or events that may have occurred overnight or before the market officially opens. This can be particularly useful for individuals who want to take advantage of early market movements or news releases.
On the other hand, the aftermarket-hours trading session on Robinhood Gold begins at 4:00 p.m. EST, immediately after the regular market closes, and lasts until 6:00 p.m. EST. This extended trading period allows investors to react to late-breaking news or events that occur after the closing bell. It can also be helpful for individuals who may not have the opportunity to trade during regular market hours due to work or other commitments.
It’s important to note that extended-hours trading does come with some risks and limitations. During after-hours trading, there tends to be lower liquidity and higher volatility compared to regular trading hours. This means that prices of stocks may fluctuate more significantly and it may be more difficult to execute trades at desired prices.
Additionally, not all stocks are available for trading during extended-hours sessions. Some stocks may have limited liquidity or may be completely unavailable for trading outside of regular market hours. It’s always a good idea to check the availability of specific stocks before placing trades during extended-hours sessions.
In my personal experience, I have found extended-hours trading to be a valuable tool for reacting to news events or taking advantage of market movements that occur outside of regular trading hours. It has allowed me to stay informed and make investment decisions in a more flexible manner. However, it’s essential to approach after-hours trading with caution, as the risks and limitations mentioned earlier should be taken into consideration.
To summarize, Robinhood Gold does offer after-hours trading for its subscribers. The premarket trading session runs from 9:00 a.m. to 9:30 a.m. EST, and the aftermarket-hours trading session is available from 4:00 p.m. to 6:00 p.m. EST. This extended trading capability can be beneficial for investors who want to react to news or events outside of regular market hours. However, it’s important to be aware of the potential risks and limitations associated with after-hours trading.