Stuart 16 Posted June 30, 2018 So I have been limited to trading the hours of 2-4 pm EST in the first month of sim. I call them the "Sour Hours" based on the looks on Brian P's , and Andrew Aziz's faces when posed the question on strategies for these hours in the mentor-ship forum. lol I had a couple of green days this week, and on Friday I used a simple strategy of looking at the overall trend of the stock from the open, and going with that direction. It worked 2 of 3 trades that day, and I wondered if this thought process seemed valid. I traded stocks from Andrew's watch list in this way, and put a range stop on them so I could step away and not stare at it. I took profit too early, and could have been more patient with my winners, but I was good at being impatient with my losers. I don't know if anyone else in the BBT chat is in a similar situation with trading hours, but if you are, come join me as a "Sour Hour Trader"! Thanks to all of you at BBT!, Stuart K Share this post Link to post Share on other sites
Aiman 86 Posted June 30, 2018 4 hours ago, Stuart said: So I have been limited to trading the hours of 2-4 pm EST in the first month of sim. I call them the "Sour Hours" based on the looks on Brian P's , and Andrew Aziz's faces when posed the question on strategies for these hours in the mentor-ship forum. lol I had a couple of green days this week, and on Friday I used a simple strategy of looking at the overall trend of the stock from the open, and going with that direction. It worked 2 of 3 trades that day, and I wondered if this thought process seemed valid. I traded stocks from Andrew's watch list in this way, and put a range stop on them so I could step away and not stare at it. I took profit too early, and could have been more patient with my winners, but I was good at being impatient with my losers. I don't know if anyone else in the BBT chat is in a similar situation with trading hours, but if you are, come join me as a "Sour Hour Trader"! Thanks to all of you at BBT!, Stuart K Hi Stuart! I actually noticed the same thing, and I tried to trade that way a few times and it actually works nicely! I was just doing something a bit different, when stock is trending between 1:30 and 3:00 I was buying close to the 9 or 20 ema on 1 min chart or close to the 9 ema on 5 min chart and scale out, and buy again close to the moving averages, sometimes when I was not in mood I was waiting for the stock to go close to the moving average then go with the trend + spend time reading the chatroom) I'd say I'm a bit cautious about the last hour of the market since it's also volatile, I believe traders come to cover, or sell, or maybe buy more to hold overnight, so the trend usually breaks out after 3 xD I'm trying not to follow this strategy after 3:00 pm. It's good to know you're practicing this :DD Let us know how it's going with you! Share this post Link to post Share on other sites
Stuart 16 Posted July 1, 2018 Aiman, Thanks for the reply! Yes it's different than the mornings for sure! I will be training the mornings when I can get time off from work. I will be careful at the last hour! Thanks again, Stuart Share this post Link to post Share on other sites
Aiman 86 Posted July 1, 2018 6 hours ago, Stuart said: Aiman, Thanks for the reply! Yes it's different than the mornings for sure! I will be training the mornings when I can get time off from work. I will be careful at the last hour! Thanks again, Stuart Wish you best of luck!! 1 Share this post Link to post Share on other sites
Jason H. 53 Posted July 3, 2018 I have noticed that late day trends on active stocks tend to continue, albeit slowly. I think it's a valid late day strategy for sure! 1 Share this post Link to post Share on other sites
