Do you trade index futures at the open?

Discussion in 'Index Futures' started by Thunderdog, Jun 7, 2006.

Do you trade index futures within the first few minutes of the open?

  1. Yes

    18 vote(s)
    56.3%

  2. No

    14 vote(s)
    43.8%
  1. volente_00

    volente_00

    I disagree Steve, amateurs open the market, pros close it. This is the reason that the majority of gaps close on opens.
     
    #11     Jun 8, 2006
    Share
  2. murray t turtle

    murray t turtle

    =============
    Like the first 30 minutes more than last 30 minutes[reg hours];
    but thats not saying much, because whipsaws are more likely in first 30 minutes.

    Do trade first 30 minutes sometimes and dont have a rule against it;
    whats going on last 20-5o days make a difference to me:cool:
     
    #12     Jun 8, 2006
    Share
  3. 5Pillars

    5Pillars

    Traded the open and I was done by 09:37 est for the ES and the EC. Opens give good price "reaction" points to bracket trade from and take advantage of the imbalances that can be magnified at the open.
     
    #13     Jun 8, 2006
    Share
  4. ratewhore

    ratewhore

    IB is a Mickey mouse platform and if you are trading with that size it is a bad idea. IB's feed lags and the execution is terrible. You need a platform designed for futures only. i would reccomend TT or TransAct for day trading e-mini's. those are both fast platforms. There are some special deals with transact where you can get the platform for free.
     
    #14     Jun 8, 2006
    Share