What Is an End of Day Order?

Trading power hour stocks may not have the volatility that the open has. However, no matter what time of day you trade, you need to play the setups. Support and resistance trading is still just as important with end of day trading as in the morning. Look for patterns as well as moving average crossovers. The…

An end of day order is any type of order for stocks or other assets made in a brokerage account that has a time limit set on it for the end of the given trading session for that day. This order is also known as a day order in contrast to good ’til canceled (GTC) orders. The…

Unless you’re swing trading stocks, you’ll close out your positions. Day trading means you’re getting in and out of trades quickly. As a result, if you took a position before trading slowed down, you will want to close it out before the end of the day. That means come 3 pm, traders want to get out of…

For some, end-of-day trading involves opening positions in the hour or so before the market closes to take advantage of other market participants shutting their positions or adjusting them ready for the impending downtime. Regardless of the fact the market is going to close, the strategy for trading is much the same. You should be…

When Larry Williams traded the S&P 500 futures in the 1987 championship, he used what he described as a “dumb setup.” It wasn’t the actual trading setup that made money, it was his use of a highly risky “Optimal F” money management strategy developed by risk manager Ralph Vince. We won’t get into the details…

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…