I trade gaps, but use stops. I use the LBR framework (if the ES opens 4 points or more away from yesterdays close then I enter, objective is 4 points from the open). Sometimes I scale in, sometimes I get in at the open. I use a 3 point stop. Sometimes I get stopped out and then I re-enter at a 1.5 stop - more careful this time. Over the long haul this trade is one of my better ones .....
imo and ime there are few more profitable consistent plays than fading gaps in the dow. if you have a tight ruleset and take your stops, and are patient with your targets
I think you are wrong about this. Properly used ET is a great source of clients, it was by far my most productive marketing tool, and to any vendor who can stand in and take and give the punches I would strongly urge them to advertise here, they will get the best return on their dollar here. I don't think I found this because I'm some sort of marketing genious, but I think ET is probably the most productive place out there to get clients for someone with something to sell traders. Brandon
Just because a sucker is born every minute is no excuse for being a scumbag whore and exploiting them
I thought Spectra was pretty cool in his response to some people's comments. You guys and girls are ruthless. I checked out some of their videos and they are great. If they are too low in substance and quality for some of you, well, more power to you - but they certainly will speak to others. Personally, I often learn something from anyone. So what if they make some money from their services as well. You can't learn a trade without paying tuition - and for some people they just might a good teacher.
Who are you calling a scumbag whore? I'll admit to having been a whore in a past life, but I have never been a scumbag.
I thought I was calling Puretick scumbag whores but you've almost convinced me I was referring to you