adrianallen99
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I was reviewing my previous trades last night, (Day trading, spreadbetting, fixed odds stuff) and noticed that the time of day seems to have a big impact on my success.
Ive noticed that I tend to make the correct trades 80-90% of the time during from late morning/noon to the close of the FTSE. My biggest failures seem to be at open and early morning i.e. 8-10am where I am around 40% successful.
Because I tend to win more than I lose and make more money than I lose, Ive never paid much attention to it, but looking at it, my early morning trades have seriously impacted my profits.
Has anyone else noticed they are more succesful at different times of the day?
Do you just avoid trading these times or do you alter you strategy?
Ive noticed that I tend to make the correct trades 80-90% of the time during from late morning/noon to the close of the FTSE. My biggest failures seem to be at open and early morning i.e. 8-10am where I am around 40% successful.
Because I tend to win more than I lose and make more money than I lose, Ive never paid much attention to it, but looking at it, my early morning trades have seriously impacted my profits.
Has anyone else noticed they are more succesful at different times of the day?
Do you just avoid trading these times or do you alter you strategy?
