One of the reports in StockTickr is a market gap report that shows how your trading system performs by opening market gap.  It allowed me to see in black and white that when the market gaps up big at the open that my system doesn’t have an edge.  It’s really tempting to try to jump on board when the market gaps like it did today, but knowing the information from the market gap report is great because as soon as I see the market gap I become extremely skeptical of any of my normal setups that come along.

The candidates I saw today were sub par anyway, so it was easy to close the trading platform at around 9:40AM ET knowing that it was the right thing to do even if one of the sub optimal setups did work out.

Related posts:

1. No Trades Today, Unfortunately – Here’s Why
2. Big Gap Up Translates Into A Losing Trade
3. My Gap Fade Faded Away
4. No Trades Today
5. No Trades Today