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Most Insane Pro Traders Do When Trading
Why Market Open Trades Are RISKY (But Maybe Profitable)!
📈 Discover how to navigate the challenges of day trading with powerful strategies like price action, AT THE OPEN, scalp trading, and risk management. In this video, we break down why the market open can be both risky and rewarding for traders like you!
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📈Whether you're a beginner or an experienced trader, this approach will empower your trading game while keeping **risk management** in check.
You'll learn how to dynamically adjust profit targets using the Sonic settings for scalp trading and swing trading. Whether you aim for quick wins or larger gains, we’ve got you covered! 💹
🔥 What you’ll discover in this video:
- Understand how volatility and ATR impact risk management during the market open.
- See how combining strategies like the Sonic system and price action can improve your trading edge.
- Discover the importance of using proper risk disclosure and maintaining a balanced risk-to-reward ratio.
🔥 Start your trading journey today:
- Master the art of scalp trading with live training and accelerated mentorship programs.
- Get access to exclusive tools like the Sonic system for smarter trading decisions.
- Join our community and start learning with a free member account at DayTradeToWin.
CHAPTERS:
00:00 - Is It Worth Trading the Market Open
00:40 - Market Open Trade Strategies
02:06 - At The Open Method for Trading
👉 Start trading today! Visit DayTradeToWin.com to sign up for a free member account and gain access to exclusive trials, including the Sonic Trading System and the Trade Scalper. Learn how to trade with price action and avoid relying on outdated indicators. Let’s set you up for success—watch the full video now and take the first step toward smarter trading!
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🎯 Start trading smarter today:
- Sign up for a FREE member account at DayTradeToWin.com
- Join the Accelerated Mentorship program for instant access to all tools and strategies
- Learn to master the markets with live training and expert guidance
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🏴 DISCLAIMER 🏴 Trading is risky, and most day traders lose money. Read the full Risk Disclosure: https://daytradetowin.com/risk
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Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment products and services before making investment decisions.
We're going to look at the market open is it worth trading now at 930 New York time Eastern time we're looking at the Sonic trading system and you can see that pre-market we've already had one short signal here right as the Market opens which was successful on this trade but there's a lot of traders that want to trade the Market open
I always say it's dangerous and it's risky because as the Market opens it becomes very strong higher than normal volatility and it could swing but I'm going to show you what happens here right as the Market opens we have a signal 59 9875 that is the entry
As a entry to go long so I've placed my entry here to go long actually at a better price because it's important to understand the risk to reward ratio when you look at the Target it's much larger than the Stop and so what we teach and you've probably seen this in the previous videos give it a moment wait make sure that you're not entering with an upside down risk reward ratio and in this case I entered right about 50%
the 5050 rules that I talk about where we're able to get in with a stop and a Target that makes sense and so in this case here um even if I had taken the original entry at 59 9875 it still would have um had the same profit Target but I'm concerned about the loss now like I said I'm always concerned with the market open being higher than normal volatility we look at the ATR we take a look at whether or not there's news events those things are really important.
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