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

Syailendra Eka Saputra, Erita Erita

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.


Full Text:

PDF

References


Ahmad, M., & Shah, S. Z. A. (2020). Overconfidence heuristic-driven bias in investment decision-making and performance: mediating effects of risk perception and moderating effects of financial literacy. Journal of Economic and Administrative Sciences, 38(1), 60–90. https://doi.org/10.1108/jeas-07-2020-0116

Bhutto, S. A., Nazeer, N., Saad, M., & Talreja, K. (2025). Herding behavior, disposition effect, and investment decisions: A multi-mediation analysis of risk perception and dividend policy. Acta Psychologica, 255(December 2024). https://doi.org/10.1016/j.actpsy.2025.104964

Daud, I., Ramadhan, R., Tanjungpura, U., Hadari Nawawi, J. H., Laut, B., Pontianak, K., & Barat, K. (2023). Herding behavior, disposition effect & investment decision: Testing the role of risk perception. Ijafibs, 11(3), 588–597. www.ijafibs.pelnus.ac.id

Ferdinand, D. Y. Y. (2023). Overconfidence Heuristic-Driven Bias in Investment Decision-Making : Mediating Effects of Risk Perception and Moderating Effects of Asymmetry Information. IRJEMS International Research Journal of Economics and Management Studies, 2(2), 301–309. https://doi.org/10.56472/25835238/IRJEMS-V2I2P133

Khalil, N. B., Sara, R., Soraya, I., & Widad, B. (2023). Herding behaviour and investor’s sentiment: evidence from the Chinese Stock Market. International Journal of Behavioural Accounting and Finance, 7(1), 55–85. https://doi.org/https://doi.org/10.1504/IJBAF.2023.131657

Kinateder, H., Choudhury, T., Zaman, R., Scagnelli, S. D., & Sohel, N. (2021). Does boardroom gender diversity decrease credit risk in the financial sector? Worldwide evidence. Journal of International Financial Markets, Institutions and Money, 73, 101347. https://doi.org/10.1016/j.intfin.2021.101347

Ullah, R., Sarwar, I., Amir, S. M., Muzamil, M. R., & Inamullah, E. (2023). Risk Tolerance and Investment Decisions among Credit Beneficiaries. Journal of Economic Impact, 5(3), 211–216. https://doi.org/10.52223/econimpact.2023.5305


Refbacks

  • There are currently no refbacks.


Human: Journal of Community and Public Service  indexed in: