Safe Technique for Trading Opening Gap Up to Make Money | Blog Brings Profit For You
  • Recover Lost Money Plan

    A number of traders have lost their money in the market due to wrong trading advice or wrong decisions and emotions. We keep on getting a number of requests for helping these traders recover their lost money. Thus, this was the genesis of Recover Lost Money Plan. We are proud to say that till date we have helped 1290 people recover their lost money. Recover Lost Money in Market

  • Our Most Successful Intraday Tip

    Jackpot tip, as the name suggests has the potential to make you a Millionaire as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to make you a Millionaire. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in Future and Options segment.
    Click on Jackpot Sure Shot Tip to know more...

Subscribe to this blog

Subscribe to full feed RSS
What is Daily Market State???
Enter your Email

Preview | Powered by FeedBlitz

Safe Technique for Trading Opening Gap Up to Make Money

Posted By On 4/14/2009 12:33:00 AM Under

1. One can make money as a day trader with gap up openings if one is a sincere day trader and can keep an eye on the gap up openings in the initil hour of the day.

2. Good news about stocks is available before the market opens as at times the results are announced on Friday post market hours or on a routine day after market closes.

3. One has to avoid the bull trap where the strategy is to make the stock open at a higher price as compared to its actual gap up opening and innocent investors get trapped considering it as the fair value of the stock.

4. The safe strategy is to wait for the first hour of trading in gap up stoks and let the previous night orders get filled and if still stock is traduing firm, it means that one can make money from such type of a stock.

5. The strategy involves buying when the stock again makes a new high as compared to a high made in first hour of trading. Set an alert for stock as per the Fibonacci series or can set an alert 1/4 point above the high of the day. Now keep watch and if stock is moving in the favourable direction and alert is activated than one can immediately buy the stock and can place stop loss sell order below days low. Key is to trade after first hour and stock should be trading above day high. Loss is limited due to stop loss entered in the system.

Click Here to Subscribe for Free Email Tips

Most Read Content