How to Profit By Trading The Gaps
Trading the gaps is one of the most highly effective trading techniques
Experienced traders know where the gaps are on their trading chart. Gaps, sometimes called windows, form when the market opens significantly above, or below, the previous day’s close.
The thing about gaps is that they always close. That means that at some point in time after the gap forms, prices will revisit that level. Trading the gaps often lead to very profitable trades.
For traders who trade the Emini and micro Emini index (that’s what I trade), it’s not easy to see the gaps visually on their chart because these markets trade almost continuously. Here is an easy way to locate gaps on your chart visually and to set price targets based on where the gap is located on your chart relative to the current market price.
I made a short video to explain how to locate price gaps and set a target on your chart. Then, when you’re trading, you can set up the target price on your own trading chart. Click below to watch the video about trading the gaps on Youtube.
If you’re wondering if you have the skill to make money by trading, the best way is to practice using a paper trading account. It’s easy and you won’t be using real money.
Practice is essential to determine if your knowledge and techniques produce consistent profits. But of course, you need to know how to trade, right? If you don’t first learn, you won’t be successful. I say that without reservation.
That’s why I offer a course that will teach you how to trade profitably and consistently. Apply the information to your practice trading sessions. You’ll know when you’re ready. Believe me, trading is the most valuable skill you can ever learn.
* Take The Next Steps *
Step 1: Enroll in “Trading Mastery for Financial Freedom”
Below is a 10% DISCOUNT link to my course “Trading Mastery For Financial Freedom”.
This course will teach you everything you need to know about trading Eminis and Micro-Eminis.
Step 2: Get your paper trading account
You need to put into practice what you’ll learn in my trading course. Use the button below to go to TradingView for your paper trading account.
Trading without doing the work of learning – and practicing – is the surest way of losing money. Enroll in the trading course and register on TradingView for your paper trading service. These tools are not expensive and are the best way to get into trading and become successful.
