Recent content by ep510

Can you explain why 3:40 is a good time to buy? Is it simply that many daytraders have closed their positions for the day, driving down prices? Or is this just something that you have observed?

I'm interested in hearing the pros, cons, and various strategies involved with open trading vs. closing trading. It seems to me that most people focus on trading upon the market open. How many people actually ENTER positions at the close? It seems to me that there may be opportunities at the...

Are you sure that the big firms and hedge funds don't use TA? It's possible that they do, and (obviously) don't want to tell anybody.

So standard charts are more often used for shorter term trading?

Are the standard TA analyses performed on standard charts? Or can they be done on log charts as well?

What percentage of the market are in each category (fundamental vs. technical)? Also, I got this from investopedia: "Technical traders, on the other hand, believe there is no reason to analyze a company's fundamentals because these are all accounted for in the stock's price. Technicians...

I currently have a pretty good offer (deadline next week, $20k for the summer) from Microsoft as a software engineer for the summer (I worked there last summer too), but I'm also really interested in trading. I'm an Electrical Engineering and Computer Science major at UC Berkeley. I also have...