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Hi RT's ,
My computer was down for a couple of days and took a break.
So I had time for some reflection and have been wondering:
Is it possible to think that, with all this advance in technology
and trading systems everywhere, nobody ( this is an assumption )
has been able to find a system capable of finding the position
of the Close in relation to the Open?.
Have you thought that , if a system / indicator / strategy
( whatever the name ) were capable of predicting when the Close
is going to be higher / lower than the Open , say 60 % of the
times could make you a ton of money?; I'm not talking about how
much higher or lower , I'm not talking about numbers. I'm talking
just about relative position : either HIGHER OR LOWER.
Sounds simple but, is it really ?. Even if the difference between
Close and Open were a mere tick, ( and we all know is a lot more
than that most of the times ), if you had that ' weapon' to know when
to go long / short and place your order below / above the open because
you know that, 6 times out of 10, the Close would end above / below
the Open.
Anybody with some ideas to share about this "SIMPLE" (?) way
to make( a lot of ) money in the markets?
Efrain R Portales
Fort Worth
efrain12@xxxxxxxxxxxx
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