CONSISTENT RETURNS FOR TRADERS THROUGH THE IMPLEMENTATION OF THE OVERNIGHT TRADING STRATEGY

Abstract

This study aims to analyze the implementation of the buy in the afternoon, sell in the morning (BSJP) strategy as a method or step to achieve consistent profits in trading activities. This research is the result of a capital market community service program held at the Padang Branch of the Indonesia Stock Exchange. This community service program involved 25 novice investors who registered for SID through the Indonesia Stock Exchange Gallery. The results of the presentation of the material led to the conclusion that the BSJP strategy requires analytical acumen from traders. In addition to the high accumulated volume resulting from large purchases of shares by investors or market makers, the shares have not yet experienced a significant increase, making it highly likely that a significant price increase will occur during the opening session. A trader can also immediately make a sell decision pre-opening by looking at the Indicative Equilibrium Price (IEP). Most traders will quickly make a sell decision based on the number of shares they have purchased. Furthermore, the IEP at pre-opening serves as a signal that will be a factor that encourages traders to make quick decisions.