People ask me all the time what my "edge" is. There is no edge. There's a checklist.
The checklist
- Overnight range is under 0.8%.
- The first 15-minute bar closes green.
- VWAP is rising.
- There's a headline catalyst by 9:45 AM.
All four? I'm in. Three of four? I pass. It is boring. It is repeatable. It is the only way I've ever known this game to work.
Discipline is the trade. Everything else is entertainment.
#setup#opening-range
