Hey Traders here is a quick video that explains how to use End of Day Trading in your trading strategy. Learning to trade without emotions getting involved during the trade is important for developing discipline. I think that learning to trade when the market is closed is one of the best ways to achieve this. Also using japanese candlesticks with support and resistance, trends can very important. In order to find the best entry on the chart I think it is best to wait until the market has closed. That way you can see clearly the market psychology for the day. Taking the loss too soon or taking profit too soon are all mistakes that I think can be avoided by also using End of Day trading.
do you have a YouTube channel so I can download and watch
TradeTheIndex
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tradethecharts
TradeTheIndex
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Depending on what location you're in you can find out when the next trading day starts. A good rule is that the United States stock market closes at 4 PM so usually within 30 minutes of the close that's normally the quiet time for the global markets.
osunwoke2
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Nice vid. I have, painfully and belatedly arrived at the same strategy. One question: how do you trade after the market is closed. Most markets on my broker dont have out of hours sessions