Wednesday, May 18, 2011

Important observation*************

It is during mid day, that stock are in the extremes mostly. If it is a selling day, the stocks are at usually at the bottom at around 10.30-11.30 pacific time. If it is the buying day, stocks are at the peak at this time.

this observation is very important for day trading. I think I should wait till the mid day either to make sell  or short or buy and hold decision.

This observation is after looking at charts every day from several months.  To get maximum profit out of deals, do not trade till the mid day. 

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