taking a poll---buying at/near the open

Discussion in 'Trading' started by NY_HOOD, Dec 31, 2007.

  1. how many traders usually buy at or very near the open? what do you base your decision on when buying a certain stock at the open?
     
  2. sometimes i get impatient. its best to wait a few minutes for the market or a stock to decide what it wants to do.
     
  3. lindq

    lindq

    By the time it lets you know what it wants to do, it has usually done it. It takes good systems and brass balls to trade at or near the open, but that's where there's a lot of money to be made.
     
  4. Never. Saw too many head fakes.
     
  5. i like waiting about 10 minutes or so.
     
  6. Make it 10:15am or later for position trading.
     
  7. I hit the orders in the book at key levels and lows or highs when there is an early morning buy or sell program in the stock.