Scalping/ Day trading on Nasdaq100: best timing?

derbeurze · Dec 31, 2020

Hi guys! I wanted to ask your opinions about the best timing for scalping Nasdaq100... recently I was doing Early Trade (07:30 - 9:30 am) but I notice that there is more movement around 20:00, but then the prices are too high, So I'm trying to find a balance. Anyways! Any Tip will be great! Happy neeew year!

Fonz · Dec 31, 2020

Prices are to high at 20:00?

Could you provide more information regarding what you are trying to find?

derbeurze · Dec 31, 2020

Fonz said:
Prices are to high at 20:00?
Could you provide more information regarding what you are trying to find?

Hiya!!!

I mean that at 20:00 there is move movement, HYPE, volatility. but I wonder which timing is better to trade... 1h earlier? 2hs earlier... still a mystery

SunTrader · Dec 31, 2020

The best time to daytrade is ... when the volatility is greatest.

Looks like you are over in Antwerp? To be clear use exchange time, not your own, when asking a worldwide (but mostly U.S.) audience.

tradeking007yahoo · Dec 31, 2020

how many ticks or points is a scalp with you?

derbeurze · Dec 31, 2020

SunTrader said:
The best time to daytrade is ... when the volatility is greatest.

Looks like you are over in Antwerp? To be clear use exchange time, not your own, when asking a worldwide (but mostly U.S.) audience.

Hi Buddy! Yeah, Indeed, I use NYC Timezone. I was reading this WSJ's The 30 Minutes That Can Make or Break the Trading Day, and shows that there's more movement at night, but I'm trying to design some time-based strategy

BKR88 · Dec 31, 2020

derbeurze said:
Hi guys! I wanted to ask your opinions about the best timing for scalping Nasdaq100... recently I was doing Early Trade (07:30 - 9:30 am) but I notice that there is more movement around 20:00, but then the prices are too high, So I'm trying to find a balance. Anyways! Any Tip will be great! Happy neeew year!

9:30-12:00 ... Most volatility.
12:00-2:00 ... Usually calm.
2:00-4:00 ... Volatility picks up a bit but usually not as good as AM.

Best time to trade is going to depend upon your strategy.
Momentum traders would do better in the morning or after 2 PM. Reversion-to-mean would likely do better 12:00-2:00 or overnight session.

derbeurze · Dec 31, 2020

BKR88 said:
9:30-12:00 ... Most volatility.
12:00-2:00 ... Usually calm.
2:00-4:00 ... Volatility picks up a bit but usually not as good as AM.

Best time to trade is going to depend upon your strategy.
Momentum traders would do better in the morning or after 2 PM. Reversion-to-mean would likely do better 12:00-2:00 or overnight session.

Hi! Thank you for your POV!

Totally agree with you, early trading around 09:00 am has been satisfactory, but I was looking for ways to improve my general performance. BTW, which one would you say it's the best strategy? Momentum or Reversion-to-mean?

Fonz · Dec 31, 2020

Perhaps other futures could be what you are looking for: YM for example will be way less jumpy than the NQ.

BKR88 · Dec 31, 2020

derbeurze said:
which one would you say it's the best strategy? Momentum or Reversion-to-mean?

Momentum probably has the better profit potential but only if your strategy is designed to trail a position. Large moves won't be any benefit if your TP/SL is always the same.