Fitzstock Charts

Pre-Market

Posted by on January 11, 2013

Pre-Market

 

http://www.investopedia.com/terms/p/premarket.asp#axzz2HfLZDoz7

 

 

tickers

 

  There are many successful ways of trading, but  mine does not involve trading pre-market.  There is usually not sufficient volume and not enough people trading to get a true gauge of where the stock should be priced.   During this time period(8-9:30 am) many stocks can also be manipulated with such a small amount of players trading on low volume.  However, sometimes you can  use this as an opportunity to hedge a position or book profits, but is not an essential element of my methodology.    Patience and discipline are the  keys to success, and trading the first 10 minutes after the markets opens can be dangerous.  Wait for confirmed price strength after the opening bar, and you will increase your odds of succeeding.

 

4 Responses to Pre-Market

  1. Irina

    This is very helpful. Thanks as always.

  2. Kimberly

    Can’t wait until you start your service. I’ve already learned some things!

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