90% Profitable Setup

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I trade gaps, but use stops. I use the LBR framework (if the ES opens 4 points or more away from yesterdays close then I enter, objective is 4 points from the open). Sometimes I scale in, sometimes I get in at the open. I use a 3 point stop. Sometimes I get stopped out and then I re-enter at a 1.5 stop - more careful this time.
Over the long haul this trade is one of my better ones .....
 
imo and ime there are few more profitable consistent plays than fading gaps in the dow. if you have a tight ruleset and take your stops, and are patient with your targets
 
Quote from 50 cent:

well spectra we had a lot of vendors like you come and go here. usually they manage to pull in a few costumers with their sly marketing tricks, but eventually they get bashed so bad here (as they deserve), that they leave the board quickly. they figure the business they get here is not worth the pain and the business they actually lose.

not see you soon
50

I think you are wrong about this. Properly used ET is a great source of clients, it was by far my most productive marketing tool, and to any vendor who can stand in and take and give the punches I would strongly urge them to advertise here, they will get the best return on their dollar here. I don't think I found this because I'm some sort of marketing genious, but I think ET is probably the most productive place out there to get clients for someone with something to sell traders.

Brandon
 
Quote from Allaces:

Just because a sucker is born every minute is no excuse for being a scumbag whore and exploiting them

Got a better place for them to go?
 
I thought Spectra was pretty cool in his response to some people's comments. You guys and girls are ruthless. I checked out some of their videos and they are great. If they are too low in substance and quality for some of you, well, more power to you - but they certainly will speak to others. Personally, I often learn something from anyone. So what if they make some money from their services as well. You can't learn a trade without paying tuition - and for some people they just might a good teacher.
 
Quote from Allaces:

Just because a sucker is born every minute is no excuse for being a scumbag whore and exploiting them

Who are you calling a scumbag whore? I'll admit to having been a whore in a past life, but I have never been a scumbag.
 
Quote from Brandonf:

Who are you calling a scumbag whore? I'll admit to having been a whore in a past life, but I have never been a scumbag.
I thought I was calling Puretick scumbag whores but you've almost convinced me I was referring to you
 
Quote from Brandonf:

Who are you calling a scumbag whore? I'll admit to having been a whore in a past life, but I have never been a scumbag.

I will admit to being a scumbag in a past life, but never a whore...:p
 
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