Should You Trade the First 30 Minutes?

Andrew FaldeGeneral Comments

Some traders say that trading the open provides some of the best opportunities each day.

Others are of the opinion that “the first 30 minutes is for fools — fools that want to be separated from their money.”

So which is it? More importantly, which is it FOR YOU?

All this noise about “the open” can breed confusion and fear.

Trading the open is an opportunity, but not for everyone.

We suggest that you learn everything you can about trading the open — from people that have made big profits trading the open for nearly two decades.

As a firm, we’ve spent thousands of hours improving our success in opening drive trades that we have affectionately named the strategy: The Opening Drive Play. It is one of ten specific trades that we teach in The Winning Trader.

The Opening Drive Play is

  • a trade where yes! you can make thousands in the first five minutes of trading.
  • a trade that yes! trades quickly, too quickly for some.

The best way for you to decide if this trade should be a part of your trading business is to learn the right way to trade it.

It’s a trade with very specific variables that if you see. And when the criteria are met, RISK ON.

The traders at our firm decide for themselves if The Opening Drive Play is a trade that works for them after experimentation in real-time, reviewing the results, and consulting with their mentor.

To just say that you should never trade the first 30 minutes of the day is a bit short-sighted. Without giving it your best effort, you may never know if this could be one of your best strategies.

During The Winning Trader program, you follow a simple formula

  • You learn proven trades.
  • You experiment with them with small size.
  • You take notes of how you could have traded them better.
  • You review.
  • You determine if the trade makes sense for you, your talents, the way you think, and your personality.
  • If so, then you continue to study, review, trade live, and work towards mastery.

We’re excited that The Opening Drive Play is the first of the 10 strategies that is taught in The Winning Trader.