I wouldn’t recommend any specific time frame. Most people trade in their sleep cycles, so if you happen to be the one waking up at 6:00 AM, you’ll be in the window on the opposite side for the first half of the day and the second half of the day.
You can use this to your advantage by scheduling your sleep cycle in advance and trading from a position, but if you start trading with other people as a group, the number of traders in their sleep cycle will increase. The best way to trade is from an open position (prepared in advance), while having open positions in the opposite direction.
Are any of the other platforms really necessary for trading?
Nope! Trading is not difficult on any platform. The only thing that is really difficult with any platform are traders’ opinions on what a good trade is. Some platforms have the ability to automatically make trades when your opinion is good, while others give you a list of pros that your opinion shouldn’t go over. It’s up to you how you want to go about doing your trading, but all platforms have the same trading algorithm.
What trading strategies are you using?
The trade I use is called the “Eureka” trade. It involves getting a short position in the market after just looking at the chart. Once you get a positive long position, you’ll get the profit from that position for the next 2-3 days. If you’re just looking at the price of a stock and don’t have time to analyze the long-term fundamentals of the company, then it’s fine. However, if you’re looking at the price and have time to dig deeper, I like to use this position to sell when the company trades lower and buy when they trade higher by using this trade to trade when the earnings release is imminent.
I also make a long position in the opposite direction after a short position. My long position is usually at the end of the day, after a long position.
What other investing strategies do you use?
I use a combination of the strategies above. Trading should not depend on any other tools you have.
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