Trading the “Gaps,” MarketGauge Style

By walkawayfromwork

 

Our Advanced Training for Traders: Strategies and Tactics will be next Tuesday evening (4/28). It will be “Opening Bell Momentum Trading”.

This training is so cool that I’m not giving you the link until the end of this email!

This may seem rushed but that’s because we’re insisting that you enjoy this powerful trading strategy now because…

Lots of stocks are gapping due to all the earnings announcements and…
As you’ll read below – this has secretly been in the works for months!

The course will teach you a specific method of trading the great momentum that occurs in the first half hour of the day, but how we develop this course is a must read (below).

It’s all here. So you can see that it not that long of a story, and there are trading strategy development lessons to be learned from this very email so don’t just skip to the link at the end.

Back in December of 2008, this course became a “secret” project of Scott’s, and we just can’t wait any longer to release it because…

It’s perfect for earnings season – it nails the gaps!

What’s the Secret?
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Scott Landers (a successful independent trader, consultant to hedge funds, and a trainer for traders) is now ready to release this simple trading approach for trading the high momentum stocks in the first 30 minutes of the day.

This little “secret” is the answer to a trading system challenge we put to ourselves…

The challenge was this: Create a simple set of rules to trade a trade a gap set up that we can easily identify – preferably with a scan.

Why the Trading System Challenge Works for Us AND now YOU?
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If you’ve heard just about any of our training for traders, you know how passionately we believe that any successful trading approach must have core qualities of:
-    Simple to identify set ups
-    Easy to execute rules
-    Consistent application of rules
-    Measurable criteria

Trading is challenging enough with out having to manage a complicated trading system!

So we really do strive to achieve these qualities in every aspect of our own trading.

Why 57 Charts Are Important to You
Understanding How to Trade Open Bell Momentum
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Scott thought he had this trading system challenge figured out back in December ‘08 so to test his idea…

Every day, for the first three months of 2009…

Scott has taken screen shots (pictures) of just about every chart that has had the specific gapping set up he was testing. We know this is a crude way to “back test”, but it works.

This process forces us (you too if you do it – and you should if you develop trading systems) to be consistent! It forces us to focus on the simple rules applied to a consistent trading pattern in varying market conditions.

Most Importantly – The process works.

So now 57 charts and 3 months later…

Scott has it all laid out for you. This is likely to be way too many examples to literally review in the Strategies and Tactic course that will reveal the systematic approach has been proven out by this process.

But all these examples taken in real-time – the profitable ones and the losers – will be the basis of demonstrating for you how to trade a specific gap set up that happens quite frequently and early morning momentum. This is what you will get in the next Strategies & Tactic Training.

The course is next TUESDAY (4/28) at 7:00 PM EDT.

Here is more info and registration:
http://www.marketgauge.com/sat/
Best wishes for your trading,

Geoff Bysshe
Co-Founder & President
MarketGauge

P.S.
Whenever I put out information like this I get slammed with responses like…

“This sounds great, but I can’t attend live…..so will this be recorded?”

The answer is – YES, register as if you were going to attend live, and you will have access to the recording of the whole course which we normally get out with in 24 hours of the live presentation.

Here’s the info and registration page again:
http://www.marketgauge.com/sat/

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