Hello...
How come that I have read in many places, that fridays is not a good day to place trades??
How come that I have read in many places, that fridays is not a good day to place trades??
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Quoting soso_betonDislikedHow about not trade mondays! For me monday is the worst if I look back...Ignored
DislikedThere are several important things about Fridays: * The market closes at 4:00 pm NYT until Sunday afternoon 5:00 pm NYT * You generally don't want to carry open positions into the weekend (unless you are prepared for the possible action - good or bad) coming into the new week. Most people don't have that "crystal ball" * You will have "carry cost" or "interest" possible * Friday afternoon's are "chop and slop" because most trader's are thinking about other things There are more, but I hope you get the idea... If you want to trade the London and...Ignored
DislikedHello... How come that I have read in many places, that fridays is not a good day to place trades??Ignored
Disliked{quote} i think every day gives oportunities, i do trade on fridays and its the same for me, but yea market closes before... careful with leaving your orders openedIgnored