How to trade the first 5 min after the opening bell.
Most traders are not taught the importance of using the Opening Price in their trading. Nate talks about how to play an Opening Gap using the Opening Price. Also, Nate briefly describes how he prepares his “NFL Playbook” (his 11 trade setups for the day) to get him ready for the first 5 minutes in the trading session. The goal of this is for you, the trader, to understand that you must prepare first and then, have the discipline to wait for the market to come to you. When the market resembles one of your trade setups, then, you are in a position to act on those trades.
Enjoy the video!
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