RE:RE:RE:RE:Pre-Market Trading this morning (.70 USD - .88 CDN)If you monitor a stock with a decent short position on it you can typically find spikes in the after hours with the shorts covering back on their positions. If they do it outside of regular hours it goes unnoticed and it avoids being picked up by the charting s/w used by day-traders. Day-traders are left running off the reg hours data while the short position could very well be buying back shares for much better prices during periods where day-traders are not paying attention.
that's all, it used to be something I would monitor for back when I day-traded and I would use it to swing out positions at better highs then buy them back during the day.. again for an afterhours sell which I would post just prior to close.
Not day-trading anymore, just running a Dollar Cost Average Strategy these days on everything
Kalsabor wrote:
been trading for a year, can you enlight me on the benefits of "after hour typical spikes" you can send private message Tanx