"THERE ARE TIMES WHEN STAYING OUT OF THE MARKET IS MORE PROFITABLE THAN BEING IN THE MARKET."

If you day trade, it‘s best to keep out of the market in the first half-hour after opening and the last half-hour before closing. In the first half-hour of trading, stock prices would usually not have stabilized. For eg:, if global markets closed well overnight, chances are that amateur traders will buy into stocks at the opening of the domestic market.