The Best Time of Day to Day Trade Stocks
If you’re a day trader there are certain times in the day that give you the highest probabality trade as demonstrated with the two charts below. The first is 30 after the market opens, if there is a reversal in trend it will most likely happen here.
The second is at 12pm EST, this is when traders go to lunch in NY so the market will slow down, trade sideways or trend down. The 3rd reversal point is at 1:30pm and you can see from the charts below they turn exactly at this time. These patterns are not written in stone but they happen very often.
what about after-after hours? when news sometimes comes out, and the pop is seen at the next open (which I guess is similar to at the open, but if you can get your trades in the night before, then you can just sit back and wait instead of frantically ttrying to get your trades in!)?