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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Steven Ivanyi who wrote (5371)11/12/1999 7:03:00 PM
From: cloudless  Read Replies (1) of 18137
 
>> Has anyone noticed the 10:30 turns. <<

I'm new to trading so I'm probably stating the obvious to you guys but is it pretty "standard" (as much as can be) that the lows of the day are around 11 - 1. I'm on west coast time and it seems like if I buy during the first hour of trading I always get burned - that I need to wait until early morning or noon EST. I originally just thought I was making bad decisions at 6:30AM PST <G> but then figured out that there seemed to be a consistency??

On another note is anyone else out there doing this on PST? It's hard to be prepared for the open when it happens at 6:30AM. Must be why I seem to be spending 12 hours a day in front of two PC's ..... Cloudless
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