At Mercy Of The Sun
Waiting For Market Time
Traders use everything under the sun — and even the sun
itself — to time their trades.
by Jayant Sathe and Jayanthi Gopalakrishnan
Traders pay a great deal of attention
to the trading activity seen during
the first hour of the session in any
given market. Many traders, in fact,
feel more comfortable waiting for
the markets to settle before placing
their first trade for the day.
Typically, most traders wait for
half an hour before entering the
market. Because of this, several systems have been developed
that focus on beginning to trade after the market has been
open for at least half an hour.