📈 Use This Trading Strategy

This consistently produces results for me.

Overnight Trading Strategy

In the Alpha Chasers Community, we have been using an overnight trading strategy recently and have had great results.

I am going to walk through this strategy so you can implement it into your trading.

Step 1: Relative Strength

The first thing to look for is the stock in the sector you are trading that has the greatest relative strength. You can do this by comparing performance throughout the day and from 3:50 PM to close.

You also should look for the names that are closest to the underlying asset (such as Bitcoin) but outperforming the underlying asset.

You can enter these trades either at market close (for options) or 8PM (for shares). They are short term trades and the idea would be to likely exit the trade at 7AM.

Step 2: Watch Key Levels

There are three key levels to watch: 8PM, 4AM, and 7AM.

You can either run these trades from 8PM-7AM and close the position after that, but if you are above the levels at all 3 of these timeframes, it may be a good idea to hold onto your position because your probability of moving higher is greater.

When To Do These Trades

These trades have a greater probability of success when you close at the high of the day (both MOC and after hours).

For example, yesterday Bitcoin stocks like MSTR and MARA closed at highs, so they were great candidates for this overnight trading strategy.

Also, stocks that move higher after hours on earnings and hold those gains into 8PM are great candidates for this trading strategy.

I walk through this strategy in greater detail with examples in the short clip below: