| So you want to trade stocks. I don't need to sell you | | | | they close (the price retraces over the "open" |
| on the idea that trading them can make you good | | | | space), about 89% of the time. |
| money, but you don't have enough time to truly | | | | So you would have a very high probability trade, and |
| devote to trading. It does take time, and you're | | | | that is a good thing. So here's how you do it. |
| short on that. I have a solution for you . . . | | | | When the market closes on Friday, take a note of it. |
| You're going to trade once per week. | | | | When it opens on Monday, look for a gap (like in the |
| And even better I'm going to tell you want to trade. | | | | major stocks, QQQQ, DIA, AMZN, EBAY, etc.) |
| Are you ready? (This is going to be good.) | | | | If there is a gap, trade against it. Like this, the |
| Here's the deal. You're going to trade gaps. Yes gaps. | | | | market had an up day and closed at 50. Monday it |
| When the market closes and then opens at a | | | | opens at 60 (there's the gap), and begins to move |
| different price and there is space in between the | | | | down. |
| open of the next day and the close of the previous, | | | | There you would short the market. |
| you have a gap. | | | | Take profits before the gap is all closed, and place a |
| Gaps are very good for trading. They are high | | | | stop loss 2% or 3% above your entry order. |
| probability trades. In fact some studies show that | | | | |