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  1. #1
    Rookie Member junior1786's Avatar

    optimal trading conditions- is there such a thing? !!!

    Hi guys,
    I would like to know it there is such thing like "optimal conditions for trading"?
    I mean certain hours or days of the week/month that considered to be safer or better for trading?- I read here that some prefer to trade in the early morning when the major stock exchanges is still closed, some prefer not to trade on mondays and so on.

    What do you think?

    Thanks,
    Dima.

  2. #2
    Veteran Member Ammeo's Avatar
    Quote Originally Posted by junior1786 View Post
    Hi guys,
    I would like to know it there is such thing like "optimal conditions for trading"?
    I mean certain hours or days of the week/month that considered to be safer or better for trading?- I read here that some prefer to trade in the early morning when the major stock exchanges is still closed, some prefer not to trade on mondays and so on.

    What do you think?

    Thanks,
    Dima.
    The Asian hours are for the ones that like to trade the slow market as the Asian session is much slower than the European or US timezone. As for certain days i am not sure there are such days that are better to trade. I have just heard that the months from September to January are better to trade in some other forum but dont know the reason behind it.

  3. #3
    Specialist Member LesterK's Avatar
    It depends. The best conditions are when markets open. But take it from me - it's best to fit your trading hours with your daily scheduale. The better and more concentrated you feel when trading, the more money you will win.

  4. #4
    Rookie Member junior1786's Avatar
    Thank you guys!
    Ammeo- What are the asian hours?
    LesterK- my daily scheduale is prety flexible, so i can adjust my trading hours for whenever i'm free, and do some trading.
    I asked, because i have noticed huge swings that accour roughly around the same time every day, i would like to keep track on this some more to see if im right on this one.
    Also, i see that on some days the market is more stable than on others, but i think it's have to do more with economic news than with anithing else.

  5. #5
    Legendry Member Michael Hodges's Avatar
    You're going to want to trade when the corresponding markets are open, I believe you are tradin a lot of currencies ad are US based so for you I would say that between 8am and 4/5 pm are fairly safe but later in the day there will be less volume, the key time in terms of day trades I think will be earlier in the day. week to week, month to month and season to season there are other times of high/low volume to be aware of as well.

  6. #6
    Master Member SeasaltMcFish's Avatar
    I think merely it depends on your strategy. Normally you will develop a strategy that fits to your trading opportunities. It's one big advantage in developing your own strategy.

    I like trading between 10:25-15:00 CET (trading EUR/USD), but take hours/days off when heavy news is expected.

  7. #7
    Veteran Member Dan21's Avatar
    You should try to follow the news and predict what could influence the market movements. There are certain news that make big waves and if you catch up to a wave like this, you can make quite good profits.

  8. #8
    Veteran Member Optionguy's Avatar
    Market opening and closing hours could be best if you like volatility. If you don't like it, but prefer small ranges where market hardly ever moves anywhere you may choose time right after New York close when there is very little action. European sessions are usually volatile, but that does not mean optimal I guess.

  9. #9
    Veteran Member Dan21's Avatar
    Quote Originally Posted by junior1786 View Post
    Thank you guys!
    Ammeo- What are the asian hours?
    LesterK- my daily scheduale is prety flexible, so i can adjust my trading hours for whenever i'm free, and do some trading.
    I asked, because i have noticed huge swings that accour roughly around the same time every day, i would like to keep track on this some more to see if im right on this one.
    Also, i see that on some days the market is more stable than on others, but i think it's have to do more with economic news than with anithing else.
    Asian hours are between US market close and European market Open. This is the time when only Asia markets are open. There are some periods of time where the markets are more volatile. For example at 13:30 GMT there are many US news announcements that drive huge price swings. Mostly the Early American session is the most volatile time best to trade, but most dangerous too.

  10. #10
    Active Member rockettrader's Avatar
    If you ask me, the best conditions depend on the instrument that you’re trading with and the news that you’re following. Also it depends on your state of mind. Even if the so called best hours are in the evening, if you’re coming home from work tired and with little concentration, those will not be good hours for your trades.

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