Buying the open can be a tough business

Innervoice said:
Buying opens / gap ups at the open is tough.
Always best to wait for a nice pattern to arise first.
More...

Nothing in trading has to be tough. It's only tough if you're scared, unsure, gambling, unprepared, praying, chanting to Moses.

If you have established reasonably accurate future hypothesis, then strike when you think is the ideal time, and sit back and let the market do its thing and expose itself to you.
 
SoyUnGanador said:
LOL. I love what a happy, friendly place this joint is!!!
More...
Funny, I was just thinking the same thing. Every time someone posts an opinion, even a reasonable one, or an idea, they get trashed by at least one poster, usually more. It’s fun to watch, but it surprises me. I would think legit traders don’t have much time for the bullshit. Hmmm…

I’m not an active poster here because I know less than 75% of you guys about trading (and way more than the other 25% lol). But it’s fun to watch. And I do learn here, I think, so its all good.

Im a moderator on a forum for Financial Advisors , although I haven’t been active there for a while. Those guys make you guys look like nuns. And we let it run, we very rarely moderate. Only when someone outs someone in real life, or threatens to.
 
If you look at my TDOC trade from yesterday it was very low risk as I stated. It was a day trade and as I said, it would go to 26 when it was at 25.33.
I did the same thing today with FREY. The bottom line relates to the title of my post- wait patiently for set ups and ignore the temptation of missing out and buying g the open only to get crushed by 9:40.
 
I bought the open today actually a little bit before the open in the pre-market made some good money on QQQ, SPY and TQQQ
Short now with SQQQ, doubt this is gonna last
 
Last edited:
All good advice guys.
Everyone is and then I buy pre market of the news for a stock is compelling and the chart looks good.
 
You must log in or register to reply here.
Back
Top