The best time to place a bid on stock?

Question

During "Day" or "at market close?" I am completely new to trading. I want to do short term trading. Just give me an overview of trading for dummies.

Answer 1

People spend years learning how to trade & you want a short quick answer......... sorry.... there is no such thing.

If there was a "best time" to trade... wouldn't all the professionals be doing it.  I do have some rules for myself;

I never buy/sell before 10:00PM EDT

If a stock reaches its high 5 minutes before 4:00PM, I'll  buy.

I never trade during the hours of 11:30AM-1:30PM (lunch)

BUT.... these rules mean nothing without a ton of information I or anyone here can give you.

Here's some places to start;

http://www.alphatrends.net/  (best "sum up" of daily activity on the web).

http://www.tradingwithtk.com/  (good teacher, dangerous stocks).

http://streamer.thinkorswim.com:8000/sha...

(great market comentary during the day, 9:15AM - 4:00PM EDT).

[e-mail]

Answer 2

3:55 pm edt