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Re: Best Days To Trade?
MrPaul,
The number of days that were no change from the previous day is close to zero. So just subtract the numbers above from 100 to get the percentages of lower closes. The data below is for Jan. 1960 to Present. Results are close to 50-50, so not sure how to capitalize on that data. If anyone wants the TradeStation code to do this, let me know and I'll post it.
Percentage of Up Days:
Monday: 46.48%
Tuesday: 51.99%
Wednesday: 56.45%
Thursday: 52.33%
Friday: 54.66%
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Percentage of Down Days:
Monday: 48.98%
Tuesday: 49.45%
Wednesday: 44.57%
Thursday: 47.50%
Friday: 44.61%
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Percentage of NoChange Days:
Monday: 0.38%
Tuesday: 0.68%
Wednesday: 0.59%
Thursday: 0.76%
Friday: 0.64%
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