HERE is how to make money consistently trading the open

Discussion in 'Strategy Development' started by Quantfisher, Mar 28, 2017.

  1. MrScalper


    I tend to agree with you.

    I think the OP hasn't a clue what he is talking about.

    He is listening to too many idiots :)
    #51     Apr 1, 2017
  2. Hi Bob111,

    I shared/proved my trading records years ago on TradeStation where I developed the automated version of this strategy. This is not a theory. Not to mention, I proved it 4 ways: mathematically, physically, geometrically and logically. You can not refute it. The bottom line is, if a stock ranges a minimum of $1.00 then it has to cut through the Buy Zone either through the top, the bottom or both. There is no way around it.

    But I am not trying to force anyone to believe me or trade like it do. The choice is yours: Take it or leave it. Either way, MAY ALL YOUR FILLS BE COMPLETE.
    #52     Apr 1, 2017
    MACD likes this.
  3. MrScalper


    Yes, of course it does, but you left out the most important bit :)
    #53     Apr 1, 2017
    odlareg likes this.
  4. MrScalper


    Au Contraire, I would say he hates Mr surf..LOL
    #54     Apr 1, 2017
  5. @Quantfisher, is this what you are refering to?What`s the formula,generally?

    Is it MIN (High – Open, Open – Low) for the Lower band;
    And MAX(High – Open, Open –Low) for the Upper band? 5-75 ADR.png
    #55     Apr 1, 2017
  6. MrScalper


    Exactly Bob, without actual stats it is all mumbo jumbo talk, just like most of what is said about trading.
    #56     Apr 1, 2017
  7. MrScalper


    He will have a job explaining to you, as he does not know.

    Has he not stated that he is just repeating what some idiots told him.

    If he had any experience with trading, he would know that only the big accounts trade the open, and the small accounts, try to trade the open :)
    #57     Apr 1, 2017
  8. MrScalper


    Actually, he thinks I am Mr surf :)

    He was banned a few weeks ago, as he made a not so nice post about Mr surf, and he also mentioned myself in it. I have a screenshot of it, as the mods deleted it :)
    #58     Apr 1, 2017
  9. If you`d ever want to trade the Open,you`d want to Sell below the Open and Buy above the Open,and NOT counter-clockwise as the Op suggests,statistically speaking...
    #59     Apr 1, 2017
  10. There`s no such thing as 5% or 75% - you`ll have to curve fit those bands constantly to trade that approach.
    #60     Apr 1, 2017