Staying Bust During Market Closures
Anyone out there? It’s been a quiet few days. American markets took the day off on Good Friday, as did a great many exchanges around the world on Easter Monday. With no action on the indices, what’s a trader to do?
When markets close, out goes the noise. There are no momentary mega-risers or flash crashing mega-fallers to distract you from your investing analyses. As we’ve observed, many hit the Invstr feed with hot topics, how long the rally will run. Others unplugged completely, crunched numbers in silence, and are returning to markets this week with conviction. Markets don’t have to be open to get ahead!
Investing is not a zero-sum game, there’s plenty dollar to go round. However, to make more than the average investor, you need an ‘edge’ that the average investor doesn’t have. You need to know something he or she doesn’t know. You need a stronger gut, more practice, more experience, or you need to work harder flat-out.
Most buyers and sellers are active between 9:30 a.m. and 4.00 p.m., official trading hours on the New York Stock Exchange. Others start at 8:00 a.m., catching pre-market, and they don’t go home until the bulk of after-market moves are said and done at 6.30 p.m. Commendable, but what if they followed the lead of our IFL winners?
What if they didn’t take leave on days like yesterday, studied companies at night, and traded them during the day? What if they took investing as seriously as athletes take their high-performance training? Soon, it won’t matter what your rivals do in the pre-market. They’re already ten years behind! Down to business!
Staying Bust During Market Closures
Anyone out there? American markets took the day off on Good Friday, as did many exchanges around the world on Easter Monday. With no action on the indices, what’s a trader to do?
Well, out goes the noise. There are no momentary mega-risers or flash crashing mega-fallers to distract you from your investing analyses. Some will hit the Invstr feed with hot topics and questions, how long the rally will run. Others will unplug completely, crunch numbers in silence, and return to markets with conviction next week. One thing’s for certain, now’s the time to extend an advantage over market rivals.
Investing is not a zero-sum game, there’s plenty dollar to go round. However, to make more than the average investor, you need an ‘edge’ that the average investor doesn’t have. You need to know something he or she doesn’t know. You need a stronger gut, more practice, experience, and you need to work harder flat-out.
Most buyers and sellers are active between 9:30 a.m. and 4.00 p.m., official trading hours on the New York Stock Exchange. Others start at 8:00 a.m., catching pre-market, and they don’t go home until the bulk of after-market moves are made at 6.30 p.m. Commendable, but what if they took it a step further.
What if they didn’t take leave on days like today, studied companies at night, and traded them during the day? What if they took investing as seriously as athletes take their training? It won’t matter what your rivals do in the pre-market if they’re already ten years behind you. Down to business!
