Bunch of day traders...your trade decisions should be made when the market is closed, not when it is open.
Hello wxytrader, I am not sure I understand you. Did you mean to say "your trade decisions should be made when the market is open, not when it is close"?
LOL we day traders trade based on what is happening during the ..... day. Not yester ........... day. Geez you would think the name gives it away.
Trade DECISIONS should be made when market is closed...all you do when market is open is execute. So you should have your days free lol
Yeah I get that...I was suggesting what you should be doing so you can have your days free. I bet if you traded the same trade once per week versus opening and closing 7-10 times it would make little or no difference in pnl except for you'd save in fees.
I don't know which way the market is going to go when the market is closed. News hasn't hit, ect. I have to make my DECISIONS during the day.
Price is pre-determined by the chart not by the news. News will align with the pre-determination of the chart.