End-of-day trading stocks have the most volume and the best setups the hour before close. The stock market slows after the first hour and a half of trading.
Traders take a lunch and leave the trading to computers. The volume goes way down at that time. You need to understand what volume means in stocks to understand its importance truly.
Specific hours provide the best trading opportunities. As traders, the goal is to make a profit.
Have you ever tried to trade in the middle of the day? Stocks trade sideways, and volume is really low. It’s like watching paint dry as day traders. That is painful to be a part of.
There are many day trading tips you can follow, but many times, the time of the day isn’t a part of those. If you day trade for a living, you get a nice break in the middle of the day.
Imagine if you got to take a good break working an office job. You’d be out of there napping or running errands. You wouldn’t stay working if you didn’t have to. Trading is just like that. Take a break, and don’t force trades.
Trade the open. Then trade power hour. Power hour stocks aren’t hard to find, and end of day trading has good setups for whatever trading style you excel in.