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BEST TIME FRAMES FOR DAY TRADING

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  BEST TIME FRAMES FOR DAY TRADING   INDIAN STOCK MARKET Having a successful trading career not only depends on the trading system or style that you use but also depends on other intangibles, such as day trading time zones. Understanding the market dynamics during different times of the day will take your trading to the next level.Think about your trading history and notice if you see a pattern in the different day trading time zones in relation to winning and losing trade percentages. What a day trader must understand is that even if a chart has a great setup, the time at which the trade is placed may be in a day trading time zone which typically starts a counter trend move. For example, many traders who day trade breakouts will be far more successful during the first two hours of the day than any other time frame during the day. Typically breakout attempts will fail and reverse which will only serve to frustrate the trader and cause you to doubt your approach to trading