can anyone remember if there was a thread dedicated to trading gaps on ET? i tried forum search but too many unrelated threads. does anyone know of a trading chatroom that focus on gaps? i mean stock equities NYSE/Nasdaq symbols and 9:30amEST gaps. any books written with extensive gap trading techniques? thanks!
Here is a thread you might want to look at: http://www.elitetrader.com/vb/showthread.php?s=&threadid=85649 I took this strategy and refined it a little it use to count for 70% of my daily pnl, now it is more like 30% only due to the fact I have added more strategies. I am completely automated which I think makes it easier, but you can make some decent cash playing gaps. As for a chat room, I have no idea. Best of luck
Check out the May issue of the Stock/Futures/Options magazine. The guy trades index gaps and has a couple of resources on his website. http://www.masterthegap.com/ http://thegapguy.com