Life Planning, MoneyMunch

Which is best time for Trade?

Less is definitely more

the best times to day trader are usually the first two hours and after the open. Some traders also like to trade the last half-hour before the close.

Momentum is greatest at these times, with real buying and selling pressure creating the best trends.

Many real-time traders also follow the “3 strikes and you’re out” rule.

By limiting your trading to only three trades a day – MAX – you reduce your stress level enormously. You’ll be sharper and less likely to make.

You also insure yourself against a “suicide day”, when you take serial losses, each time trying to recover from the previous loss…

Reading this away from the market, you might feel you would never fall into that trap.

However, it’s surprising how many traders have come unstuck in a real-time avalanche as the losses begin to snowball.

The motto?

Tomorrow’s another day.

Take it easy. Don’t trade a 40- hour week. Accumulate your profit over time.

And you’ll make more by doing less.

Previous ArticleNext Article
The Moneymunch editorial staff is a team of experienced financial writers and analysts with over a decade of experience in the financial markets. They have previously contributed to popular financial blogs and newspapers, and are passionate about providing accurate and up-to-date information to help both investors and traders make informed decisions. Trust the Moneymunch editorial staff to provide reliable and effective financial advice that can help you achieve your financial goals.

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *