This is why i cant trade the open to save my life. My best trades tend to be after 12:00. If you trade momentum, like I do, you need a trend. cm
me as well. usually abot 1:30/ HOWEVER,THE OPEN CAN GET THE QUICK GAINS IF YOU KNOW WHAT YOU ARE DOING.
I stay out of the market as much as I can. I try not to take risks, if I can. I go in for the kill, like a hawk on a small animal when the time is right. Its not pretty, but its better to be a hunter than being hunted. I love goading SPX maket makers taking away their ill gotten gains, its a pleasure. Please read my post " How to pull the rug on SPX market makers".
absolutely not. i make many trades when there is no clear trend means reversion trades work best when there is no clear trend. so called "trendless market" can offer great risk/reward and high probability trades. you need setups to take advantage of that
Depends on your definition of trend. By the way, tick and volume bars work great for capturing overnight activity so that you don't go blind into the open (if you trade 24 hr markets, that is). opm8
I heard Jack Hershey is always in the market and always on the right side. Please review SCT if you want to make 3x ATR with no losses.