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When Is It The Best Time To Buy A Stock? For Beginners

hey what's put on team it's Ricky with

attack but solutions and a very common

question that we've been getting lately

is when is it the best time to take a

trader when is it the best time to buy a

stock like many of you guys know I'm in

Arizona so I go based off of Pacific

Standard Time especially due to daylight

savings one of the things that I first

want to show you is kind of like you

know I've been known to trade a lot

during pre market hours that's not

something that everyone has access to

and that does not mean that that is the

best time to trade and I'm going to give

you a couple different examples

throughout this video so I really hope

that I earn your thumbs up and if I do

feel free to subscribe to Fiesta done so

already I also do want to remind you and

encourage you that if you have any

questions whatsoever after watching this

video

not just pertaining to our topic but by

any means any trading related questions

I'm gonna put a first link down below

it's actually gonna give you free access

to our tech but solutions discord chat

and all you is that I'm gonna go on over

here to pulling this up and this is the

market calendar so one of the things I

think a lot of people overlook or might

confuse is that the market opens Eastern

Standard Time right at 9:30 Pacific

Standard Time the market opens at 6:30

so when the market opens people think

that you should be automatically

encouraged and empowered to trade and I

get that in the sense that there's a lot

of volatility so if you're going to be

asking the question what is it the best

time to trade I don't think that it's at

market event or I don't think it's the

last hour

known as power hour one of the things

that a lot of people overlook is that

people try to figure out or try to think

when does most of the activity happen or

where it when on average is they know

does the most volume occur within normal

trading hours and I would have to say

within the first 30 minutes to hour

right out of the market open right so

yes you can see that this is pre market

hours regular hours this is based off of

Eastern Standard Time and then this is

after market hours so a lot of you will

not have access to trade pre market

hours and a lot of you will not have

access to trade after market hours if

you have the TD Ameritrade think or some

platform like myself I can trade pre

market I can trade

the market but that does not mean that

that's the best time to trade it again

just hold on with me so during normal

market hours the market opens 9:30 a.m.

Eastern Standard Time so when does most

of the activity on average happen within

the first 30 minutes to an hour right of

the market open and then the last hour

of market opened so how that looks like

for me right is from 6:30 which is when

the market opens here in Arizona all the

way up to about 7:00 to 7:30 there's a

lot of activity right and then the last

hour from 12 o'clock to 1 p.m. right

that's power hour and again the rolling

begins to on average pick up one of the

things that I want to remind you is just

because most about just because most of

the activity happens within that time

does not mean that that is the best time

to trade and I think that this is again

a very simple like concept that a lot of

people overlook let me present to you

I'm going to give you two examples a

real example when it comes down to

trading and that time has no actual

correlation to when you should actually

take a trade but the actual idea of when

the opportunity presents itself and then

I'm going to give you an example that is

not just solely designed for the stock

market that I think a lot of you can

actually relate to so let me go ahead

and pull up my platform for those that

are familiar with the TD Ameritrade

thing for some platform this is it you

can google it you could YouTube it this

is not the only platform that you can

use but this is the one that I use one

of the things I want to point out quick

little update on my profits is 1092

dollars on the day and again all I do is

just day trade so um you know what does

an ideal setup look like for me you know

if I were to think when is the best time

for me to take a trade I have a very

simple answer for that and it's when the

opportunity presents itself we all see

opportunity in different ways and just

because I see value in one way does not

mean that that is the only way to see

Vallon you'll see a lot of very

opinionated people on YouTube that say

that this is the only time that you

should take each other this is the only

setup that you should actually train at

the end of the day you're the final

decision-maker on where you choose to

buy and where you choose to sell so what

you have to at least be empowered to be

is

to be selected to understand what that

ideal setup looks like for you and for

me I'm going to give you an example of

what that looks like for me I trade a

lot of ETFs and a lot of ETS

so what I pay attention to our overall

futures and when I see /zl sell-off and

then it became super overbought super

overextend this was right around 6

o'clock to 6:15 this was during pre

market hours and one of the things that

I noticed is that I try to focus on

direction it's been selling off it

pushed up very aggressively and because

it pushed up very aggressively it became

super overbought look at the RSI and

super overextended look at the MACD so

once and if I begin to get confirmation

of a pullback I see the inverse etf so

when crude oil begins to pull back DWT

right the correlating inverse etf then

begins to push up and this is exactly

what happened right around 6:00 around

6:15 once /zl begin to make lower lows

and sell off then DWT begins to push up

I like to focus on those specific setups

that is what an ideal setup looks like

for me once something becomes and again

I couldn't trade during this time but

when something becomes so overextended

and I can trade and buy the dip on the

inverse etf at confirmation then I can

add more to my position size at the on

the inverse etf that is what an ideal

setup looks like to me there's a lot of

people that focus on ascending uptrend

patterns and what do i mean by that

where they first focus on something

that's showing signs of an uptrend and

they'll try as long as it continues to

rally and push up and it indicates an

upward pattern and the margin of profit

is worth it the token should continue to

buy the low sell the highest buy the low

sell high we all have different ways of

seeing value but I just wanted to

explain to you that like right now right

now /jl literally just did almost pretty

much a double bottom and it's you can

see that it builds a support around this

general area right and now it's

beginning to show signs of an uptrend

although it is a descending pattern what

am I waiting for right now I still have

not hit my daily goal my daily goal on

average a goal is something to work

towards not something that you have to

hit every day yes sir there's a perfect

example I have a red day right but today

I'm on track and I won

to not just take a trade right now

because I can but take your trade

because it makes sense and what does

that look like for me so I want right

I'm going to wait for crude oil to push

up become super overextended and then

when it becomes overextended because the

overall direction of crude oil is a

descending pattern

I then want it to sell off and the one

once I get indication of a sell off I'll

go into dwt buy the dip and then average

up as long as crude oil continues to

sell off and that is what the

opportunity that like that is then what

I'm waiting for

and then the question comes back to when

does that happen

whenever the opportunity presents itself

you have to first understand what you

are looking for if you do not understand

what you're looking for and what an

opportunity looks like right in your

eyes not based off of my opinion or not

based off of other people's suggestions

but in your experience then that is the

number one thing that you have to check

off your list once you have an ideal

setup in mind then all you have to do

and it's super difficult right because

everyone does not do this it's be

patient enough for that opportunity to

present itself so now I want to give you

a real world example let's say that you

are a real estate investor something

that a lot of more lot more people are

very well versed with right a lot more

people understand the real estate market

and what it means to be a real estate

investor so just because a house is

listed in the MLS right so when a house

is posted for self its listed in the MLS

right so like let's say you have this

software that will automatically alert

you when a house is listed within your

area does that mean that you are going

to buy that house as a real estate

investor so what does that mean to buy a

house to then sell it for a profit does

it make sense that you are going to buy

that house just because it's posted or

just because it just recently posted so

it has to be a good deal so then why are

you when the market just opens so

empowered and encouraged to take a trade

right away what does a savvy real estate

investor actually do they make sure that

they wait for the opportunity to present

itself they have a certain set

of criteria that every single house has

to meet in equity right margin of profit

and making sure that it's potentially in

a high demand area and that the overall

may be expensive when it comes down to

that specific house you know if it comes

down to needing a little bit of repairs

that it actually makes sense and is

feasible to his investment you know

portfolio at the end of the day he has

criteria that every house has to me for

it to be viewed as an ideal investment

so when it comes down to your trait

right when I'm investing especially I

mean for myself even if you are

investing there's a set list of criteria

that every single investment has to meet

same thing with day trade I know I'm

repeating this so many times but I

wanted to stick when is the best time

for you to take a trade is it when other

people are telling you to buy is that

when other people are telling you that

they just made a bunch of money on a

penny stock no it's when you can

identify a setup that actually makes

sense when there's a reason behind that

actual trade right so what I'm waiting

for right now on /zl makes sense to me

and I don't care if it doesn't make

sense to another person it makes sense

to me and guess what I'm the one that

worked hard for my money and I'm the one

that has the consistent track record so

at the end of the day I will only take

advantage of opportunities that make

sense to me and whether I make a profit

or I take a loss I will at least

understand what I did right or what I

did wrong and what I can do better next

time the market is always changing

especially in the current market

condition right now with it being so

inconsistent so all I ask you to do is

to understand that there is no exact

time that you need to take a trade but

it comes down to the core principles of

understanding what an opportunity looks

like to you and allowing it and being

patient enough to give something time

for it to actually present itself then

for there to be a reason behind that

trade and if you want to be a little bit

more selective right or a little bit

more structured then make sure that you

plan out your trade where you plan to

get in where you plan to sell where you

plan to cut losses if it doesn't go

according to plan

as we know a lot of our trades do not

but at the end of the day it comes down

to the opportunity not the time as an

opportunity to kind of present itself

every single day as a real estate

investor know then how is it any

different when it comes down to day

trading for all those that are under the

PD tool PDT rule that are just so

encouraged to always take a trade

because someone else is doing it or

because everyone else is talking about

it again if everyone else is talking

about it and everyone else is making

money off of it then why is only 5%

actually successful when it comes down

to day trading again be patient be

selective and have a reason for

everything that is that you do it's not

about following the crowd but making

sure that you have a full understanding

of what is that you're doing to have an

edge on the market focus within your

niche and just stay focused to that it

doesn't matter what time it just means

when the opportunity presents itself and

that's for up to you to decide so again

I'm gonna put that first link down below

if you guys have any questions about

what I talked about today if you want to

plan out your next trade again I'm gonna

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live every single day they see where I

buy they see where I sell and they see

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like garbage guys continue working hard

continue following dreams let your

passion be a judgment success be

selective be patient make someone smile

today and like always let's make sure

that we end the year on the green note

take it easy