I have been wondering about trade strategy and sim
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Posted On: 05/05/2017 10:09:18 PM
I have been wondering about trade strategy and simple good situational awareness as it pertains to daily trading habits.
Now, maybe this is a given, but nothing is a giving when you are just starting out, but I took ten tickers/stocks and looked to see what happened in the first hour of the day's trading.
9 out of 10 stocks traded their highest of the day in the first hour of the day! These tickers were right off the friday posts.
As I let that sink in, i am becoming aware of how important it is to be out "ahead of the trade, early".
I always feel like I am chasing.
Im gonna work on this.....
Now, maybe this is a given, but nothing is a giving when you are just starting out, but I took ten tickers/stocks and looked to see what happened in the first hour of the day's trading.
9 out of 10 stocks traded their highest of the day in the first hour of the day! These tickers were right off the friday posts.
As I let that sink in, i am becoming aware of how important it is to be out "ahead of the trade, early".
I always feel like I am chasing.
Im gonna work on this.....
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