Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote (314)	1/18/1998 10:47:00 AM
From: Ken Wolff	Read Replies (1) of 2120

GAINERS (PART I) Gainers are stocks that open up and can be purchased normally at the FIRST SELL OFF with reasonable upside potential. Many times a very strong stock will go down 1/4 of a pt. so you must be ready to buy very quickly after the open. Take note of the pause and be ready to trade. Some gainers will go up from the open and I usually let them go as I can never be sure of the top. You will note after keeping your diary that most gainers will sell off right at the open and that is the highest percentage expectation. (continued...) Ken mtrader.com

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