What is the 11am rule in trading?
Could you possibly clarify what is meant by the "11am rule" in the context of trading? I've heard it mentioned in some financial circles but haven't quite grasped its significance. Is it a specific strategy or a timing-related principle? Could you elaborate on how it might be applied to improve trading outcomes? Additionally, is there any scientific basis behind this rule, or is it more of a market folklore? I'm eager to learn more about it and how it fits into the broader world of trading practices.