Yes on days when the system is set to exit on the open, one
thing I've talked about before is that you can see how the open
goes, if it looks like it's gonna be a trend day, consider not
selling the open and hold with a tight stop.
When markets gap up you generally have a good idea pretty
quickly if that gap is gonna hold or not. One can apply a 15
min gap rule, if the lows during the first 15 min are not taken
out, many times the gap holds. So instead of just selling the
open the market gaps up nicely consider not selling the open
immediately and see how the tap is, if it looks good you can get a
MUCH better price such as today how the market gap and continued to
go higher.
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Yes on days when the
The second trade was leveraged but the first one was ...
Posted by matt on 6th of Jul 2018 at 01:24 pm
Yes on days when the system is set to exit on the open, one thing I've talked about before is that you can see how the open goes, if it looks like it's gonna be a trend day, consider not selling the open and hold with a tight stop.
When markets gap up you generally have a good idea pretty quickly if that gap is gonna hold or not. One can apply a 15 min gap rule, if the lows during the first 15 min are not taken out, many times the gap holds. So instead of just selling the open the market gaps up nicely consider not selling the open immediately and see how the tap is, if it looks good you can get a MUCH better price such as today how the market gap and continued to go higher.