Do you trade the first ten minutes?

Discussion in 'Trading' started by Eight, May 1, 2009.

  1. NoDoji

    NoDoji

    Great post, Bolimomo. I always "paper trade" literally on paper in real time. Looking back at charts to determine what you "would've" done leaves out a lot of the price action that occurs within a time bar - the false signals that might've sucked you into a trade, but you don't see that on the footprint left behind.

    Thanks for the tips on trading the opening. Unless I'm holding an overnight for the express purpose of grabbing profits on the opening volatility, I rarely trade the first 15-20 minutes. But this strategy sounds solid and I plan to check it out.
     
    #51     May 25, 2009
  2. Redneck

    Redneck

    ND,

    It is a good strategy (Bolimomo is giving away secrets)... :)

    But he is also showing the power of observation and keeping copious notes on what one sees, then using that information for an advantage

    Take Care Ma'am
    RN
     
    #52     May 25, 2009