What is EOD and BOD?

EOD and BOD are two important terms in the financial world. EOD stands for End of Day, while BOD stands for Beginning of Day. Both of these terms refer to specific times during the trading day.

EOD

EOD is the time at which the trading day ends. This time varies depending on the market, but it is typically 4:00 PM Eastern Time in the United States. At EOD, all orders that have not been executed are canceled.

EOD is an important time for traders because it is the time at which they can assess their performance for the day. They can see which trades were profitable and which trades were not. They can also use this information to make adjustments to their trading strategy.

BOD

BOD is the time at which the trading day begins. This time varies depending on the market, but it is typically 9:30 AM Eastern Time in the United States. At BOD, the market opens and traders can begin to place orders.

BOD is an important time for traders because it is the time at which they can begin to make trades. They can use this time to identify opportunities and to develop a trading plan.

Conclusion

EOD and BOD are two important terms that traders need to know. These terms refer to specific times during the trading day, and they can have a significant impact on a trader’s performance.

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