Swing Trading

Discussion in 'Trading' started by sfunds, Mar 28, 2004.

  1. sfunds



    I want to know what are effective trading Strategies for Swing Trading.
    Should we concentrate on Few Stocks.
    I have seen many traders suggesting to keep away from market First half hour.
    What abt last half hour.

  2. patoo


    From an index (S&P/Nasdaq/Dow) perspective, classic wisdom says the average day goes like this:

    9:30 to 10:00 am - trading range
    10:00 to Noon - higher volume part of the day - counter trends
    Noon to 1:00 pm - lowvolume..naptime
    1:00 pm to 4:00 pm - more of a trend, but lower volume
    lately the last hour has got the better trend
    Bonds close earlier and make a little hiccup in the afternoon.

    1)The times are approximate.

    2)Every day is unique. A good trend day, such as 3/25/04, does not look anything like the average day.

    3)It is up to you to determine if this 'Classic Wisdom' has any truth to it.

    So, staying away from any particular part depends on your own trading style. We all find our own niche and trade there.