GAPs Are Not Just for David Letterman

Discussion in 'Technical Analysis' started by Spectra, Apr 19, 2007.

  1. Greetings,

    Just wanted to take a quick survey and see how many of you guys take gap fade trades. (Price gaps that fall out side of the 9:30est to 16:00 trading time).

    We've been keeping track of gap trades at PT. They've been profitable since doing so, but just wanted to know if anyone traded them religiously?

    If yes, great... what was your worst draw down and what market?

    If no, what are some of your reasons for staying away from these fade setups?