Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

kingston

Members
  • Content Count

    2
  • Joined

  • Last visited

Everything posted by kingston

  1. Most gaps do not occur on fundamentals. However whenever significant news comes, the markets may gap. This gap may never close. Probabilities favor most gaps filling within the same day. You need to figure out what caused the initial gap. If its just technicals, there is a chance the gap will close. If for example, the CCI report caused a 6 point gap in the S&P I would be careful. This could be a continuation gap.
  2. I have been involved in the markets for about 10 months and have yet to call myself a successful trader. Does anyone know the length of the average learning cycle for a new trader? I had a friend who started day trading NASDAQ stocks back in 2004 and was making minimum 250k his first year. Is this the norm? Thanks
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.