Best times of day to trade shares?

mrposhman

Baz wrote: »

He said buy when they are going up and sell when they are going down. The original posted didn't mention any particular markets or shares but yet his response was just that. i.e a rubbish response that was plainly unhelpful. And its not the first time he has posted his insight in similar threads.

The entire thread has been about trading patterns and not specific shares.

The post you keep referring to gave a blanket statement to be used on individual shares as well as indices and not as an indication that all shares will go the same way.

Looks like you have taken something out of context and are now trying to justify it despite the fact that numerous people have already commented on it.

You attempted to belittle someone, it didn't work. Now give it a rest.

Baz_2

mrposhman wrote: »

The entire thread has been about trading patterns and not specific shares.

The post you keep referring to gave a blanket statement to be used on individual shares as well as indices and not as an indication that all shares will go the same way.

Looks like you have taken something out of context and are now trying to justify it despite the fact that numerous people have already commented on it.

You attempted to belittle someone, it didn't work. Now give it a rest.

Ok then I'll ask you seems as you subscribe to his logic.

Using that logic is now the time to buy shares in Barclays? i.e today on the basis that you buy when they are going up and sell when they are going down.

What I don't understand is and what I have kept on asking, how far does a share have to go up before they are going up? is it 2% 5% or 10%? And for how long do they need to go up 2 consecutive days, a week a month? And then the same for going down? How far do they need to fall and for how long?

It's fine saying that but there still needs to be some sort of crystal ball involved because a 5% fall one day is a 5% rise the next and vice versa. It doesn't mean they are going up or down but you could take either option buy or sell.

So Barclays please, today? Good or bad time to buy, are they going up or down?

At any one time you have no idea if they are goign to continue to go up or down. Its nonsense. Unless he means buy during a bull market and sell during a bear market. In which case you still have to decide if it really is the start of a bull or the start of a bear market.

Still crystal balls. Still buy low sell high IMO.

Blah99

Baz wrote: »

What I don't understand is and what I have kept on asking, how far does a share have to go up before they are going up? is it 2% 5% or 10%? And for how long do they need to go up 2 consecutive days, a week a month? And then the same for going down? How far do they need to fall and for how long?

The answer (if there even is one) entirely depends on your trading time frame.

If you're spread betting on very short timescales you might decide that, along with appropriate technical indicators (MACD, ADX etc), two consecutive closes above the previous day's close is an uptrend. You might even decide that a sustained rise over 30mins signifies an uptrend, if you're day trading. Have a look at this chart section:



If your trading period is hours or days, this looks like an uptrend, right?

If you're looking for long term investments, you might decide that you need 10 days of consecutive closes at or above a previous low before you believe an uptrend and resistance has been established. Or you might set a buy target above the current price and buy when the price clears that target.

Have a look at this chart. The section above is taken from this chart, I've highlighted where. Here you can clearly see if your trading period is longer term the price is in a clear downtrend.



One chart, one price, two answers. I'll say this one last time, the problem is with your question.

sabretoothtigger

BT Group is a tragic case, you'd be better off looking for a good place to short so thats the main conclusion of that chart

The place you highlighted was a good place to examine, RSI shows sentiment rising but volume is dropping off


Plot it against the ftse and you might find the relative value was dropping even with a level price. If the ftse was due a fall also it was a decent bet in dec to short

mrposhman

Baz wrote: »

Ok then I'll ask you seems as you subscribe to his logic.

Using that logic is now the time to buy shares in Barclays? i.e today on the basis that you buy when they are going up and sell when they are going down.

What I don't understand is and what I have kept on asking, how far does a share have to go up before they are going up? is it 2% 5% or 10%? And for how long do they need to go up 2 consecutive days, a week a month? And then the same for going down? How far do they need to fall and for how long?

It's fine saying that but there still needs to be some sort of crystal ball involved because a 5% fall one day is a 5% rise the next and vice versa. It doesn't mean they are going up or down but you could take either option buy or sell.

So Barclays please, today? Good or bad time to buy, are they going up or down?

At any one time you have no idea if they are goign to continue to go up or down. Its nonsense. Unless he means buy during a bull market and sell during a bear market. In which case you still have to decide if it really is the start of a bull or the start of a bear market.

Still crystal balls. Still buy low sell high IMO.

As has been saqid by blah, it all depends on your timeframe.

As it stands, barclays do not need to raise further capital as far as we know. If they do not then they are still a good long term bet but maybe not such a good short term bet.

I now have quite a proportion of my cash (due to large gains since January) in Barclays and am considering moving some out, however last week I bought some into my ISA as I want to hold them long term as I still feel they are a good long term bet.

If you want to trade then the trend is your friend and you buy on the upturn, if you want to invest then you buy when you are happy with the price.

Just another point, how would you determine what is cheap and therefore ready for you to buy?

Everything is different for everyone.

The statement that you took offence to was a blanket statement across all investment products and therefore was still correct but everyone trades slightly differently.

Baz_2

Blah99 wrote: »

One chart, one price, two answers. I'll say this one last time, the problem is with your question.

My question was just a rewording of purch's original statement.

I think its fair to say that buy on the up and sell on the down is virtually impossible to do with any certainty at all. It sounds good but is just as spurious a strategy as trying to pick the top or bottom.

turbobob

No amount of analysis will allow you to predict the future. If you want certainty don't invest/trade. All you can ever do is increase your chances of making a profit (e.g. buying a share which is in a solid uptrend) and reduce your chances of taking a big loss (e.g. using stop losses).

Nosht

Pssst wrote: »

As a general rule,,can anyone say what is the best time of day to buy shares and then to sell?? Come to think of it,are there better and worse days of the week to trade?

Over the years I have found more activity early to mid afternoon.
Usually Friday's market finishes up.
June to September can be quiet.


Regards,


N.