Do you know what is the best time of day to buy a stock in UAE stock market to get the lowest possible price and get a benefit within two days? Often I am checking the whole global stock market before I go to sleep at night and next day at early morning I check Nikki market before closing to sketch out a clear picture about what is going on the global market
Actually if you are an professional investor it does not matter, unless there is some news that comes out before the opening bell. However, if you want that extra edge, the best time of day to buy a stock is about 1:55 pm in the afternoon. I believe you will ask me why the best time to buy a stock is before market close.
I am not a day trader and I am not giving any advice but I have and got a wide experience in UAE market and know the yarns game. However, when I personally want to try to statistically maximize my price I try for 1:45 in the afternoon. I think this is best because this is the time when day traders clear their positions.
The stock market is open at 10:00 am and closes at 2:00 pm. Day traders are most active in the morning and the afternoon. When the market approaches close many clear their positions to go home or rebalanced their portfolios. They do not wait for 2 pm for various reasons. Mostly day traders do not want to have the risk of holding a position after the close because news or price changes over night cannot be controlled specially in Thursday!
They are in the game of just watching the trend and making money off of it during the day. In the same time there are several tricks need to watch out before following the crowd and buy any stock. These tricks should be pursued thoroughly and daily before entering into a share purchasing
Good luck
http://www.youtube.com/watch?v=LCnEhDiBvJ8
Actually if you are an professional investor it does not matter, unless there is some news that comes out before the opening bell. However, if you want that extra edge, the best time of day to buy a stock is about 1:55 pm in the afternoon. I believe you will ask me why the best time to buy a stock is before market close.
I am not a day trader and I am not giving any advice but I have and got a wide experience in UAE market and know the yarns game. However, when I personally want to try to statistically maximize my price I try for 1:45 in the afternoon. I think this is best because this is the time when day traders clear their positions.
The stock market is open at 10:00 am and closes at 2:00 pm. Day traders are most active in the morning and the afternoon. When the market approaches close many clear their positions to go home or rebalanced their portfolios. They do not wait for 2 pm for various reasons. Mostly day traders do not want to have the risk of holding a position after the close because news or price changes over night cannot be controlled specially in Thursday!
They are in the game of just watching the trend and making money off of it during the day. In the same time there are several tricks need to watch out before following the crowd and buy any stock. These tricks should be pursued thoroughly and daily before entering into a share purchasing
Good luck
http://www.youtube.com/watch?v=LCnEhDiBvJ8
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