2. However one has to trade the first hour with caution and with expert advice as trading the first hour can be dicey too as usually during initial 25 minutes or so bid-ask spread is wide and if strategy goes wrong one will be ending with a loss making trade and thus expert advice is a must as during this period the price frequently reverses.
Why one must trade in initial hour of Trading?
Posted By On 2/18/2009 08:09:00 PM Under day trading tips2. However one has to trade the first hour with caution and with expert advice as trading the first hour can be dicey too as usually during initial 25 minutes or so bid-ask spread is wide and if strategy goes wrong one will be ending with a loss making trade and thus expert advice is a must as during this period the price frequently reverses.