Monday, March 15, 2010

Daylight savings time - Brutal for Hawaii Trading

9:55 AM and the pre-closing bell was going off on my computer.

Daylight savings time has struck again.   Hawaii doesn't change with daylight savings time, but the rest of the mainland does.   That pushes opening bell to 3:30 AM, which is brutal, way brutal. 

I have traded that in the past, sleep at 9PM, up at 2:30 or 3:00.

Work demands won't really allow this right now, so hopefully some swing trading will be effective, but that is questionable, since "they" will be whipsawing this top all over the place.  

Today suckered in some bears, and then whipsawed them out of positions with the end of day ramp. 

I sold the close on futures.

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Insightful and Useful Comment!