With the current pandemic outbreak going overall across the world, being a day trader is not an easy job to handle. There are so many difficulties with the lockdown situation and everything feels like turned off for a while. It’s not only that trading floors offices are closed but we require more liquidity than before in the market. Earlier, it was more about the opening and closing auctions but now we need liquidity in motion around all the trading centers. With this, we would be able to compare live market quality across the various exchange models. A company based on oncology research like NASDAQ: SONN at https://www.webull.com/quote/nasdaq-sonn (Sonnet Biotherapeutics Holdings Inc.) can offer that liquidity to the traders.
Easy route for profit
Besides, in this current situation the deeper the liquidity pool is, the more it will attract the interest of investors with big orders. Because more liquidity accommodation at one location means that it will be easy to route trades and the time taken to complete order would be minimized, which is ultimately going to decrease the opportunity cost by decreasing the impact that order creates.
Market Stress affects trading
Another factor that plays an important role in day trading is volatility. Usually, it would not be correct to compare it over the spectrum of all stocks. Larger stocks tend to more diversity in the businesses, which leads to lower volatility. Hence, we need to do it among the same sized stocks. Even if we check the volatility in this way it is often found that some sectors are simply more volatile than the others and stressful situation in the market mostly affects the volatility of a single stock.
The choice is there, choose what’s right
Overall, what is good for a day trader in these days is a market that not only offers more liquidity but also lower volatility. It shows that there would be fewer trading costs and higher shares can be bought on the same return. Also, the capital costs for companies would be decreased.
Thus, it does not matter how difficult situations are right now for day trading, with the right market for investment it can be done. Day trading was never an easy job and not everyone can do it. But those people who want to make the difference can try to achieve the goal which is full of risks and become the person they always want to be. They simply need to remember that this is not some kind of part-time job anyone can contribute to because they will only end up losing in it and there are companies like NASDAQ: SONN(Sonnet Biotherapeutics Holdings Inc.) out there but the choice is of traders, so choose right. You can buy these stocks at stock market trading. Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.