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If you combine the two mentioned strategies, you would be left with a strategy where you wait for the price to fill the gap and then enter a position looking for it to trade back toward the opening price. If both of the above-mentioned strategies are profitable, then this combination would be...

Higher volume means a larger chance of a reversal, and thus a gap closure. It signifies greater resistance to a continuation of the gap's trend. -Raystonn

Out of curiosity, did you ever find anything? -Raystonn

I personally guarantee that ES will move at least a tick either up or down tomorrow from the opening of the day session. There is a very, very high probability that it will trade at price levels a tick higher and a tick lower from the opening price. If the above guarantee (1 tick either up...

Chances are it will go both up and down tomorrow. -Raystonn

After taxes you may be able to collect the equivalent of 3.75% on those CDs. How can you possibly think 3.75% APY beats inflation? So you are saying that the U.S. savings rate being negative is bad because... the U.S. savings rate is negative? No need to lash out just because you are having...

An interesting topic of discussion: If one takes out a HELOC and purchases a second home, and then the first home is foreclosed upon, the creditors for the loans on the first home have no liens on the second home. Should they decide to sue for any remaining loan balances after the auction, they...

As long as the rate of inflation is higher than most can get in savings, especially after taxes, it is more efficient for the average person to spend rather than save. If you can't beat inflation in your savings vehicles, you are better off spending every penny. Your money will buy more now...

So what you are saying is that the $1 million in equity you initially claimed doesn't really exist. This person is walking away from a house that is worth less than the loans secured by it. That is hardly an economic crisis. In fact, it's not a bad option in the United States. (No, I don't...

Why do I find that hard to believe? Anyone can get a home equity loan or line of credit with that much equity. Anyone in that kind of situation would be better off doing that and using one loan to pay off another. Sure, you piss away equity. But slowly pissing it away is better than tossing...

A landing of any kind requires a descent. Tell me, do you honestly equate "less growth" with descent? That sounds more like a slower rate of ascension. Wake me up when we actually start descending, or if the stewardess comes by with honey roasted peanuts. -Raystonn

Perhaps your first poll should have asked if the U.S. economy was currently in ascent or descent. Then again, that too should be prefaced with actual definitions of the two. -Raystonn

I believe what you are missing is that he is acting as his own insurance company. Insurance companies aren't in business out of the generosity in their hearts. The business is profitable. On average, premiums take in more than medical services cost. Thus, if you have enough money to...

Well, I fail to see how anyone could point out a low in any daily bars over the past couple days. There will either be nothing or a high. -Raystonn

The economy is zero sum last time I checked. You are in direct competition with everyone else on the planet. So don't be so surprised when someone suggests something like that. -Raystonn

Still? You would think those bite marks would have healed up. -Raystonn

That's fine. But trading on the news won't get you very far. It may, in fact, get you very hurt. If you want something you can automate and leave for some time then I suggest you develop a strategy and automate it with something like TradeStation. The most important part is the testing...

That seems about as slow as simply compounding your own earnings. Why give them a share of your profits? Why not just start out paper trading and move to a 1 lot yourself? -Raystonn

Out of curiosity, did they also give you the risk-free rate of interest on the amount they owed you? -Raystonn

Tell me, what answer are you looking for? Perhaps if I give it to you then you will stop asking, even after getting many answers. -Raystonn