I noticed something funny about bStocks.
The ticker can stay exactly the same, but the way I look at the position changes completely depending on the time of day.
During the regular stock session, I naturally compare the price with what I see on the traditional market.
Later, the question becomes different.
There may be no fresh print from the underlying exchange, but the bStock market is still moving.
So what exactly am I looking at?
Not necessarily “the stock moving again.”
Sometimes I'm looking at a market trying to price the latest available information with a different set of participants.
That made me stop treating the chart like a normal stock chart.
Now, when I see an unusual move outside regular hours, my first reaction isn't:
“Something happened to the company.”
It's:
“What information is actually new?”
If the answer is “nothing,” I become much more careful about attaching a story to the candle.
A price can move without a new fundamental event.
And a quiet chart doesn't mean the market has stopped thinking.
That's probably one of the strangest things about having a traditional asset represented in a market that doesn't sleep.
Same company.
Same ticker.
Completely different clock.
Do you pay attention to the time when you see a big bStock move?$
$NVDAB
#bstockscis @BinanceCIS
The ticker can stay exactly the same, but the way I look at the position changes completely depending on the time of day.
During the regular stock session, I naturally compare the price with what I see on the traditional market.
Later, the question becomes different.
There may be no fresh print from the underlying exchange, but the bStock market is still moving.
So what exactly am I looking at?
Not necessarily “the stock moving again.”
Sometimes I'm looking at a market trying to price the latest available information with a different set of participants.
That made me stop treating the chart like a normal stock chart.
Now, when I see an unusual move outside regular hours, my first reaction isn't:
“Something happened to the company.”
It's:
“What information is actually new?”
If the answer is “nothing,” I become much more careful about attaching a story to the candle.
A price can move without a new fundamental event.
And a quiet chart doesn't mean the market has stopped thinking.
That's probably one of the strangest things about having a traditional asset represented in a market that doesn't sleep.
Same company.
Same ticker.
Completely different clock.
Do you pay attention to the time when you see a big bStock move?$
$NVDAB
#bstockscis @BinanceCIS
