Sell stocks in Morning, Buy in Evening

#1
Hi all,
I am new to stock trading. But all my transaction i notice that, Stock price normally goes down in evening(may be due to square off) and is very high in morning.

If i buy the same stock after 2.00 PM i get 2-3 rs less per share(midcap and small cap) and sell in morning i do get 2-3 Rs more when sell little after market open.

I just wanted to know is this only my experience or Fact to follow, Experience ppl please advice
 

biyasc

Well-Known Member
#2
Hi all,
I am new to stock trading. But all my transaction i notice that, Stock price normally goes down in evening(may be due to square off) and is very high in morning.

If i buy the same stock after 2.00 PM i get 2-3 rs less per share(midcap and small cap) and sell in morning i do get 2-3 Rs more when sell little after market open.

I just wanted to know is this only my experience or Fact to follow, Experience ppl please advice
this is not a sound trading strategy (as i feel). to trade successfully you have to find an exact entry point , an exact exit point (stop loss & target), also you have to take control on your position size.
 

biyasc

Well-Known Member
#4
thanks for advice. will try to improve my strategy. i am just 2 weeks experience in stock trading. has to learn a lot
thats good man. btw where you from?
 
#5
I am basically from chennai, Currently working in Bangalore.
Right now i Invest based on some instinct and some analysis (by myself and some suggestion from sites)

The best part is my instinct suggest better than these sites. though i know, I am not going to follow instinct in long run.

I had invested in Bharathi Airtel(850) , IOB(143) which yield some profit, But after i invest at this price, i seen these shares goes little further, airtel goes up to 825 then started moving upward.

Then I invested in RPL(218), Infy(1623)--seems done one first big mistake, Dena Bank(93)
all Proven right to my observation, I was study until 1.00PM and the moment i buy, it reduce further less.

Still, MY Guess is Except Dena bank, all other stock will yield me some return in medium or long run, I doubt on dena bank.

Any suggestion to my current portfolio is also appreciated

Note: I don't buy bulk shares, just 10-25 shares based on share price.
 
Last edited:
#6
Dont go for daily trading initially if you are new to the market. In case if you are going then it will be very very risky. Go for fundamentally storng scrip and keep it for 3 to 6 months. Defintiely you will earn 20 to 30%.

S Srikanth
:mad:
 

Similar threads