Buy The Close, Sell the Open vs Buy the Open, Sell the Close

Commentary, News

These charts below show the performance of the S&P if you bought the close and sold the next day’s open and if you bought the open and sold the close of that day from 1993. And you wonder why day traders blow themselves up? It’s just incredible how well the market does overnight vs during the day.

Learn more at Bespoke Investment Group

As always, please use protective buy and sell stops when trading futures and options.

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Any decision to purchase or sell as a result of the opinions expressed in the forum will be the full responsibility of the person(s) authorizing such transaction(s). BE ADVISED TO ALWAYS USE PROTECTIVE STOP LOSSES AND ALLOW FOR SLIPPAGE TO MANAGE YOUR TRADE(S) AS AN INVESTOR COULD LOSE ALL OR MORE THAN THEIR INITIAL INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

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