Re: Gap Trading & Investing Forums
he does have a strategy, but i know he doesn't have any experience putting it into use, and frankly, the strategy sounds a little too good to be true.
Here's some statistics he gave me:
Gap fill chances during the week:
Monday – 65%
Tuesday – 77%
Wednesday – 79%
Thursday – 82%
Friday – 78%
Also, gap fill chances given initial gap:
1pt = 10 Dow Points
1pt – 93%
2pt – 90%
3pt – 82%
4pt – 86%
5pt – 60%
6pt – 77%
7pt – 71%
8pt – 54%
So I guess what I'm wondering is if gaps generally fill, why isn't everyone doing this?
Also, are there any quality investing forums with good content I could check out? Thanks again.
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