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Why You Should NOT Trade the First 30 Minutes After the Market Opens

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Why You Should NOT Trade the First 30 Mins When the Market Opens Continue to learn with me at: http://tradersfly.com/ Check out my courses at : http://rise2learn.com Facebook Fan Page: http://www.facebook.com/tradersfly/ Get My Charts on Twitter: https://twitter.com/tradersfly/
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Text Comments (79)
Ts K (14 days ago)
would you recommend using 30 min chart for this? in conjunction to using 1 min chart? ... to know how to stay out of first 30 min after the market opens....
jaja smile (1 month ago)
The trick is , your times n sales , because when I see it's all green I'm in not L2
Thank you for sharing
ess mac (2 months ago)
It helps to wait and have some structure to trade against. Some traders make exceptional profit in the first half hour, but that takes discipline and experience. Fast execution speed and an unblinking ability to take profit or loss is essential, I think.
Andrew Trapman (7 months ago)
Nice Video ☺
Crissy (8 months ago)
I have made the biggest gains, in the thousands, during first 10min after opening bell.
L (8 months ago)
yes, you may get winners, big winners, but you will get losers just as big, if you want to live with such inconsistency, good luck
koolyo2foots (8 months ago)
It depends on the type of trader you are. So many times within the 1st 10 minutes I bought and sell a stock then I am finish for the day.
Tom Kazansky (9 months ago)
This is not really great advice.... looks at premarket patterns, overall patterns and make your own judgement call on when to enter or exit position. I tend to always post my best gains in the first 30 mins. However I tend to stay away from power hour, but it just depends on your method or trading.
lombardo141 (2 months ago)
Tom Kazansky This was made 3 years ago. Strategies change so we have to adapt.
TheIntrospects (9 months ago)
Just keep an eye on level 2 to see if there is a sell wall. If there are lots of asks, sell immediately.
Aziz Larabi (9 months ago)
I would say the first two hours
Douglas Lee (10 months ago)
0:38 because that’s where the money is
Antonella Pippia (1 year ago)
..it's happened to me! I lost $90 in less than an hour when I decided to buy a stock for day trading purposes. The funniest thing of all is that, the stock came back up, and if I had not sold it on the day, I would have by now have made more than $300. Panic selling....
RamkyR (11 months ago)
same here....I use to enter in the first minute of the market and exit with fear.....book loss. Now I am trading only after 30 minutes from market open. It takes more time to book the same loss. Account getting empty many times in the trading...don't know when it's going to add profits...
Antonella Pippia (1 year ago)
I did. I learned that I had an awful lot MORE to learn about how the stock market really works, and that we are (or at least I am) driven by fear of losing money. Thanks!
kingmike40 (1 year ago)
Ross at warrior trading trades the open and says that is the best time to make money for him.
Cutting Edge Cool (1 year ago)
Great video!
Chris The Barber (1 year ago)
8/10 biggest bounces come within first 45min it's the BEST time to sell not always but majority
Michael Jordan (1 year ago)
You're sharing real tips and strategies. it's the small things that makes a big difference. thanks sasha
Stockafella (1 year ago)
Thank you Sasha!!
niqueth (1 year ago)
Haha, people who get up early to trade are stupid. I like to get up when the sun is warm like 1 or 2 o'clock Texas time.
jahnnyquest (1 year ago)
outstanding youtubes!! So clear and helpful ... Sasha Evdakov.
Timtim Sanjaya (2 years ago)
Awesome video , thanks
Nitin Shinde (2 years ago)
thank u for making these r all videos
art aguirre (1 year ago)
Sasha Evdakov good
steve 0 (2 years ago)
I've never done this before. i was wondering, because it seems like you're goal is to buy low and sell when its high, how are you able too sell high when everyone wants to wait until they're low to buy?
Vinnie Sachdeva (1 year ago)
+Sasha Evdakov (TradersFly) thanks for the explanation!
Paresh Wadile (2 years ago)
Very important, basic but useful tips for market traders. Thanks!!
Ben Eby (2 years ago)
Another thing I learned (the hard way) is to not have stop-limit or limit orders out the night before - I used to do this when I thought I knew where the momentum was going over the next few days or weeks. - can't tell you how many times the volatility in that first half hour the next day didn't go my way and I lost money. - gotta wait and watch! - - Great vid and great advice!
sidharth chand (2 years ago)
What about buying stock the day it goes IPO? I was told to wait the Monday of to wait for it to level
Serie26 (1 year ago)
sidharth chand how exactly did you get screwed? FB is currently trading at several times its IPO price.
sidharth chand (2 years ago)
+Sasha Evdakov (TradersFly) I got screwed buying FB shares at IPO price, you should do a video on buying IPO's at opening day
Shion Earl-Krogseth (2 years ago)
Great advice. I also think slippage is a also a big risk when the market opened. I got hit with that this last week. It popped my stop and I lost then it retraced back up in a matter of 10 mins. Rule 1 be out the market when it opens!
Mary Grace Blanco (2 years ago)
I love your videos Sasha
Mary Grace Blanco (2 years ago)
I watch all your videos, Im learning to trade in the stock market. Im from the Philippines
Justin Sylvia (2 years ago)
As a relatively new trader I have been watching your videos and I have to say that you are putting some really good information out there. Thanks!!
trent jenkins (2 years ago)
great rule i used it this morning , saved me thousends
wrightspiano (2 years ago)
Yes, great advice. It's my rule too but I broke it this morning and paid dearly!
Josiah Bergen (2 years ago)
I agree with most of what you're saying. And i'm assuming you dont trade penny stocks, but if you want to see at the bell volatility then watch a hot pennystock lol But from my experience (pennystocks) they start to slow down a little or define a direction after 5 min or less. You can then catch a spike and sell into it for a 10-20% gain (unless it has a lot of volume in which case you can hold throughout the day and make more than 20%) Just my 2 cents worth.
Fahad m (2 years ago)
Just subscribed to your channel. I have been watching your videos since yesterday. Nice work man.
AndTeeter (2 years ago)
Is this advice aimed at day traders or swing traders in particular? I have heard the exact opposite from many day traders.
Eric Johnson (2 years ago)
excellent advice
SmallTime (2 years ago)
Im a directional Day Trader and this simple adjustment changed my trading career seriously! Wishing Hoping and Praying is Not a Trading Technique, Method or Indicator!
Prashant Bhalerao (2 years ago)
I like it
The Q (2 years ago)
When you sell a share or stock for profit, who buys it? Some idiot?
Diego Gonzalez (2 years ago)
+David Vermillion I was thinking about this a few weeks ago and I think I figured it out. There are 2 types of traders. Daytraders and traders that trade on longer term. That's the reason why you can always sell your stock. You can always sell it to some daytrader that wants to buy in for short term speculation. I always had a negative view of daytraders. I always viewed trading as investing in a company to grow and that daytraders are not doing that but just being greedy and abusing the market system. But after realizing this, I realize the importance of these greedy people. I also think your question is rephrased wrongly. You probably meant "So if I hold stock that is more or less at a top, who is the idiot buying this stock ?". It is important to change the question like that because now it looks like everyone buyin a stock is an idiot, also people buying it at the bottom.
SmallTime (2 years ago)
+David Vermillion.. So what does that make you when you buy a share?
Steve Singh (2 years ago)
+David Vermillion Market makers are tasked with taking your trade.. they profit from the bid ask spread and will usually hedge against stock trades using options.
Britain Reynolds (2 years ago)
Yes, there is always a buyer (usually!!). Each trade is executed nearly instantly on the bigger stocks, but if the volume is low, trades will take longer to execute. Notice stocks with volumes of under 100,000 often have flat prices for much longer periods of time then say Apple. Hope this helps
Istvan Homoki (2 years ago)
I just wanted to express how much I appreciate what you are doing for us. Thanks for all the videos! I watched some millionaire traders talk but I could not learn as much from them as I do from you. And also they are arrogant and you are a very nice person, an example.
max dumont (2 years ago)
What platform would you suggest for a Canadian beginner interested in day and swing trade ?
Steve Singh (2 years ago)
+max dumont Hi.. Canadian markets have low liquidity and volumes.. not very exiting or profitable for day\swing trades. Better off getting think or swim for Canadians and paper trade to test your skills ( https://www.td.com/ca/products-services/investing/td-direct-investing/trading-platforms/us-trading-platforms/getting-started.jsp).... TOS has all the bells and whistles and you are most likely to find a lot of vids on how to use it... btw this is a USD account only..
MrNathan791 (2 years ago)
I've notice this too. Thanks for sharing your knowledge on this .
MrSensitiveNipples (2 years ago)
If I'm a swing trader, how much money should I spend on the stocks I'm purchasing if I generally only hold on to them for about 2-3 days?
Mahdi Kazemi (3 years ago)
Your video sessions are very informative, I personally agree to most of the ideas you present. I think lots of people will benefit if you make a video on "Tax on the capital gained in the stock market" looking forward to see it coming out, it will be an essential skill to know to many new traders. Thank you!
Rfazeful (3 years ago)
thanx needed this wisdom
Jose Garcia (3 years ago)
Great, thanks for giving back!
travis bickle (3 years ago)
Very true, I totally agree for beginners the first 30 min is all over the place, especially when you look at 5 min candles. I have however found it very advantageous to enter positions in stocks with certain fundamentals short at the bell when the pre-market indicates they will open with a -7% or so -gap from the previous days trading. Quite often you can pick up a 2% profit by getting in and then out in the first 30 minutes. but you have to make sure the negative momentum is there first
travis bickle (3 years ago)
thank you for these vids too by the way- I have found them to be very useful!
vinvin121 (3 years ago)
My stock market mentor, would agree with your sentiment,in this yet another great video. Patience can often be a winner. What does interest me tho is why you are looking off to the right of the camera and not directly at it. You seem to be  fluent to not be using a teleprompter. 
vinvin121 (3 years ago)
Thank you for taking the time to reach out and reply. Indeed investing is not trading I guess, so timing is different. LOL looking into the camera is the CONNECTION with your audience, imagine that lense as your lover! and the whole presentation becomes more engaging and intimate. Keep up the great vids. 
Jon Feltman (3 years ago)
what in the world are you talking about? many, many of my best trades and positions were put on in the very first MINUTE of trading, especially where options are concerned... are we supposed to wait for the first 12% of a 50% one day short squeeze in a small biotech to pass us by?
Crissy (8 months ago)
Jon Feltman in and out, couple thousand. I agree with you and I'm fairly new to trading but first half hour is where I make all my moves and money.
Smart Investor (2 years ago)
+Sasha Evdakov (TradersFly) I think you are talking about new trader. Experience day trader loves first hour, and they keep eyes on news as they don't hold the position for too long.
vinvin121 (3 years ago)
I guess this comes down to being a trader or investor. I class myself as an investor. A trader needs to keep his eye much more on the ball in play. Unless your playing with large amounts of capital, I would have thought the gains for day traders to be small. Certainly for the inattentive the risks are high, in comparison. There are certainly more day traders who have lost their shirts than investors, who look for the longer play.
Jose Garcia (3 years ago)
+vinvin121 right! All the best to you!
vinvin121 (3 years ago)
Indeed Jose I rest my case, I also appreciate the work that Sasha puts in on the video. Plus my millionaire stock trading mentor. Also advises against investing in the early part of the trading as the spread and volatility can knock you out. 
ToGetToTerrapin (3 years ago)
professionals trade in both premarket, the first 30min, and in AH during earnings season... some of the best swings are in the first 30min boss... preface this video with a newb warning, that would be my suggestion.
Matthew James Arguile (1 year ago)
Did you not listen at the :24 mark where he says he advises NEW traders to wait the first 30 minutes?
Kacy's Kastle (2 years ago)
+vinvin121 agreed
vinvin121 (3 years ago)
DUH!! Traders or investors. So your a trader? N still watching youtube videos? yah right. 
Paul Wood (3 years ago)
Another awesome video, tanks man
Watch eye (3 years ago)
Very true, first half hour is unpredictable.
Been there done that.  Good advice waiting 30 to 60 minutes to let the stock establish its opening range.  Then you can adjust your trading strategy based upon the trend.
Specnon45 (3 years ago)
Very useful! Thanks!

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