gaps - futures io
futures io futures trading



gaps


Discussion in Stocks and ETFs

Updated
      Top Posters
    1. looks_one longhorn12 with 2 posts (0 thanks)
    2. looks_two forgiven with 1 posts (0 thanks)
    3. looks_3 Rubens with 1 posts (0 thanks)
    4. looks_4 akozaki with 1 posts (0 thanks)
    1. trending_up 1,046 views
    2. thumb_up 0 thanks given
    3. group 6 followers
    1. forum 7 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

gaps

(login for full post details)
  #1 (permalink)
dallas, tx/ usa
 
 
Posts: 8 since Jul 2016
Thanks: 2 given, 0 received

hi everyone,
i'm trying to develop a new opening bell strategy to catch big moves at the open. does anyone have any good gap strategies that work with stocks? thanks

Reply With Quote

Can you help answer these questions
from other members on futures io?
Short Interest Ratio indicator?
ThinkOrSwim
EL/PL for FOPs?
EasyLanguage Programming
Which kind of Blockvolume is visible? - order processing
Emini and Emicro Index
Neurological explanations for trading Success
Psychology and Money Management
ZigZag with Depth and Backstep
EasyLanguage Programming
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Battlestations: Show us your trading desks!
137 thanks
Want your NinjaTrader indicator created, free?
32 thanks
Big Mike in Ecuador
30 thanks
Saturday Morning Market Replay!
20 thanks
Selling Options on Futures?
19 thanks
 
(login for full post details)
  #3 (permalink)
Berlin
 
 
Posts: 5 since Apr 2016
Thanks: 0 given, 2 received


Stockcharts hat some valueable Infos about Gap Trading

Reply With Quote
 
(login for full post details)
  #4 (permalink)
Wailuku
 
 
Posts: 1 since Dec 2016
Thanks: 0 given, 0 received

usually a pullback trade going with the gap is ideal.

Reply With Quote
 
(login for full post details)
  #5 (permalink)
Fletcher NC
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
 
forgiven's Avatar
 
Posts: 665 since Mar 2012
Thanks: 154 given, 393 received

put up a one min. bar....it takes that long for the overnight orders to get filled, you are going to fade the opening gap under the wright conditions ...the one min bar is the open range...in that 1min. the market must trade in the direction of the gap .. if it dont it is no trade...if it does as soon as it brakes the 1 min bar,,, fade that brake out with a market order..what you are doing is trying to catch other traders of sides...the market maker will be trading with you ..they will fade the order side of there overnight orders betting part of the gap will fill,,the risk reward on this is big ..if you are wrong you can not hold on to this trade ,,,you are in a opening drive going at your stop... try it in replay ,,you will be able to tell after 30 to 50 trades if it will work or not very quickly ..like fishing you can tell if the fish is on or not..hope it helps

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #6 (permalink)
PTA, Gauteng
 
Experience: Advanced
Platform: Self built + Sierra + TWS
Trading: Stocks and Options
 
DarkPoolTrading's Avatar
 
Posts: 1,036 since May 2012
Thanks: 1,244 given, 1,320 received

Keep in mind that opening gap trades in stocks are sometimes only good in hindsight. By that I mean the bid/ask spread is often incredibly wide when the market opens resulting in the first order filled being very different to any orders filled a few seconds later.

A while back I developed an algo strategy based on observations I had made with respect to opening gaps in stocks. It worked incredibly well in my back tests and because I was planning on implementing it algorithmically, it could be applied to any number of opening gaps. However when I started drilling down into tick charts and second charts, it became very clear how erratic those opening gaps were and just how fast many of them closed. If you didn't get the opening tick (or very close to it), you could forget about it. Those trades looked great in hindsight,...but in practice they would never have worked.

It would have been even more difficult try to trade manually.

Anyway, im sure there are profitable gap trading strategies for stocks around,...just be careful of the practical implications of trading them live in the market vs in theory.

Diversification is the only free lunch
Follow me on Twitter Reply With Quote
 
(login for full post details)
  #7 (permalink)
dallas, tx/ usa
 
 
Posts: 8 since Jul 2016
Thanks: 2 given, 0 received

thx, for the responses. i agree with darkpool, lately liquidity is really low and spreads are very big. forgiven, appreciate the response. i tried it a few times in demo, but after the 1st candles, if you're wrong you take a huge loss due to slippage and huge morning rush. kinda made my risk to reward hard to calculate.
i'm having trouble catching big moves. is why i started this. i see all these huge moves at the open but can't get in. by the time i scan and catch a good stock it's already made it's move and i catch a little move up or take a small loss. frustating

Reply With Quote
 
(login for full post details)
  #8 (permalink)
Monroeville, ohio
 
Experience: None
Platform: Robinhood
Trading: ETF
 
Posts: 11 since Jul 2017
Thanks: 23 given, 7 received


longhorn12 View Post
thx, for the responses. i agree with darkpool, lately liquidity is really low and spreads are very big. forgiven, appreciate the response. i tried it a few times in demo, but after the 1st candles, if you're wrong you take a huge loss due to slippage and huge morning rush. kinda made my risk to reward hard to calculate.
i'm having trouble catching big moves. is why i started this. i see all these huge moves at the open but can't get in. by the time i scan and catch a good stock it's already made it's move and i catch a little move up or take a small loss. frustating

I know this feeling. I study hard.

Sent using the futures.io mobile app

Reply With Quote


futures io Trading Community Traders Hideout Stocks and ETFs > gaps


Last Updated on July 6, 2017


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

Journal Challenge w/Jigsaw

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts