Even the richest, most successful money managers and brokers on Wall Street are clinging to a big myth.
They're falling for it right this minute, in fact...
And it's costing them big time.
Across the varied stock exchange floors and within the confines of the many-walled cubicle farms on Wall Street, traders are laboring under the delusion that they can only make money between the time markets open, at 9:30 a.m., and their closures, at 4 p.m.
Those particular "start and finish" hours have been Wall Street's standard since 1985. And trading midday has been the national norm since 1871.
Indeed, these are the markets' busiest hours. There's no contesting that fact.
In Q3 2017, for example, the average number of shares traded in U.S. markets was 7.8 billion, according to The Investment Technology Group on Dec. 19.
That's 7.8 billion shares traded on average within a 63-day span of time.
And the vast majority of these trades were made between 9:30 a.m. and 4 p.m.
But what these investors might not realize is this: Executing trades within these hours isn't necessary. And it's not even the fastest way to make money. They're just following the herd.
In reality, there are incredible profits to be made from setting up trades at night - after the closing bell.
Still, the "suit herd" doesn't seem to care.
But we do.
More specifically, Money Morning Quantitative Specialist Chris Johnson does.
In fact, Chris reaped 507% gains in a matter of days by executing a special type of night trade he developed himself. Check it out...
Meet the Night Trader
Chris is an ex-CEO and former Wall Street insider who, as he puts it, spent his mornings and afternoons chained to his computer, wasting his life away as an endless loop of ticker symbols scrolled across the bottom of his TV.
He was a member of the Wall Street herd.
His colleagues - with their million-dollar yachts and Burberry suits - were members, too.
But Chris wanted out of the tedium, set free to make money on his own time, at his own choosing.
So, one night, he devised a new strategy that includes a type of trade that only recently was embedded into most major trading accounts...
And it has the power to generate a 50%, 75%, or 125% gain by the time he checks his account the very next day.
Have a look at his strategy's track record...
At 9 p.m. on Oct. 1, Chris executed a series of night trades...
- The next day, his entire account (including his newest plays) was up 35%.
- The day after that... he was up another 77%.
Then, at 11 p.m. on Nov. 20, he added a few more trades...
- By mid-morning the next day, he was already up 71%.
- The following afternoon... another 94%.
At 8 p.m. on Nov. 26, he did yet another round of trades.
- The next day, he was up 230% on just a single stock!
That's 507% winning gains over just five days...
And Chris is on course to earn 3,390% overall winning profits this year.
In 2018, he expects to show his readers even more.
Starting now.
"Markets are prime for the picking," Chris says. "Stocks of all sizes, in all sectors, are erupting like never before. Every day, my system is identifying an average of 20 to 25 stocks that are now moving at turbo speed. Each one is a prime candidate for a night trade."
And if the markets ever take a turn for the worse, or if Chris sees an opportunity to chase down stocks that are going straight down the gutter...
He's going to show you how to profit from those, too.
Nothing is off limits for Chris - which makes his trading research service the first of its kind.
Chris is ready to start showing readers multiple trade opportunities a month, and you don't want to be left behind.
Follow Money Morning on Twitter @moneymorning, Facebook, and LinkedIn.
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