Selling off the gap up ?

Discussion in 'Trading' started by Innervoice, Apr 12, 2023.

  1. Innervoice

    Innervoice

    This could get ugly unless it was just some knee jerk profit taking.
     
    murray t turtle likes this.
  2. maxinger

    maxinger

    It should be :


    The market went up.
    And the traders earned $$$.

    Then the market reversed direction and went down.
    And the traders earned more $$$$$$$$$$$.




    There is absolutely nothing ugly about it.

    Don't bother about the knee or knee-jerk problem.


    Members from eliteinvestor.com will be weeping in despair.
    Members from elitetrader.com will be laughing all the way to the bank.


    By the way, are you from eliteinvestor.com ?!?!?
    I am from elitetrader.com.
     
    Last edited: Apr 12, 2023
    murray t turtle and KCalhoun like this.
  3. KCalhoun

    KCalhoun

    Well said
     
  4. Innervoice

    Innervoice

    Thank you..
     
  5. %%
    Headline ''SELL the Gap'' tends to be more useful than knee jerk buy a gap up /LOL.:D:DI like jim rogers non trading comments, but since you noted ''trading'' Mr Soros noted in trading/ '' market has a bias''
    Some may do OK on buying an gap up with extreme
    extreme \extreme downtrend with a gap up like XLF,2023 for trade.
    Exceptions[extreme] like that\ tend to just prove the sell gap Up rule.......................Thanks