The Gap Trade Is The Best Trade For Day Traders
Why The Gap Trade Is The Only Trade For Most Day Traders
The gap trade is the best trade for day traders. Traders who lose money should only trade when there is a gap trade opportunity. What is a gap trade? A gap trade is when the market opens the trading session at a price significantly above or below the price where the market closed on the previous day. We’re talking about the regular session, not the overnight period.
The gap trade is the best trade for day traders not only because is the easiest trade setup to observe, but the gap trade also offers the best odds of any trade. Catch the gap trade right and you make a nice profit. Catch it wrong and it’s easy to see where to set the stop and limit losses.
On Friday February 3rd, the gap trade offered a 55 point profit opportunity. That’s a very big win, but it was not necessary to try to catch all of it. Even half that amount is more than most day traders see on any given day.
It was also easy to see where to place stops based on the price action, the volatility, that occurred during the trade while prices were steadily moving up to close the gap. In my emini day trading course at Timeless Dollar Trading Academy, I teach 6 trade setups. The gap is one of them of course. Day traders who want to really learn how to trade should consider enrolling, because trading is a business that is not kind to the uninformed.
Day traders can quickly learn why the gap trade is the best trade for day traders. Day traders who don’t take the time to learn how to trade the gap trade and are struggling are advised to only pursue gap trades and forget all others. Become a gap trade specialist and at least you will improve your success.
S&P emini futures day traders need as much information as possible to make better trading decisions. Market prices move erratically, but the Taylor Trading Zone is based on calculations developed by George Taylor 75 years ago.
Almost all professional traders use the Taylor Trading Technique every day to help them make profitable trades – because the trading zone has proven to be the next best thing to having a crystal ball. Click the banner below to get a FREE one-week trial.
Having as much information as possible gives S&P emini day traders a big advantage over “seat of the pants” traders. Without learning as much as possible about the market, it is highly unlikely that a trader will succeed at making money day trading S&P emini futures.
See more videos about day trading ES futures at my Youtube channel.
Subscribe to my mailing list to receive information about S&P e-mini futures day trading.
