A skilled trader made more than $100 million implementing this market open strategy and right now he's going to hand over this same cloak-and-dagger secret for nothing!

I am deliberately out to show up every other big stock trading message forum and blog by giving away this monster of a secret!

On a regular basis professional investors make hundreds of thousands of dollars from newbie investors at the market open and now I am going to teach you tips on how to do it.

Buzz is that the famous stock trader Steven Cohen brought in more than $80 million dollars with this strike and dash tactic against rookie traders.

Let's review some basic definitions before getting to the strategy.

What is a trade? A trade is a bet on a price change.

Why do prices go up? The old-school of thought said that there's only one thing that makes a stock go up, more buyers than sellers; the Ist die Börse geöffnet only thing that will make a stock go down is more sellers than buyers.

This is not true. In fact, this logic is so stupid it doesn't even make any sense. Think about it. For every trade there has to be a buyer and a seller. The market goes up when buyers have more money and are more enthusiastic than sellers.

Markets are made up of a huge crowd of people. There are three groups of people in the crowd: buyers, sellers, and undecided traders.

Buyers want to purchase a stock for the lowest price as possible and gamble that the stock will go higher so that they can sell to some other chump at a higher price. Buyers hope that a greater fool than they will come along to buy the stock for even more than they initially did.

Sellers want to sell as expensively as possible to some other sucker. Sellers hope that a greater fool than they will come along and pay too high a price for their stock. Sellers bet that the stock they are trying to sell has reached its maximum value. If they didn't believe that, they would be holding the stock longer while it appreciates in value. They don't want to hold the stock longer. They believe that the stock is close to, or done appreciating in value.

Buying and selling would take forever to negotiate if it were not for the group of undecided traders. The undecided traders bring a sense of urgency to the market place. Both buyers and sellers have to act quickly before an undecided trader makes up his mind and jumps in, and takes away their bargain.

A trade occurs when there is a momentary meeting of the minds between bulls and bears.

Price represents the current emotional state of the crowd. A chart is a live poll of the emotional state of that crowd. Each tick represents a momentary consensus of all market participants. Technical analysis then is a poll of market participants.

Your job is to watch the poll numbers in order to decide whether to bet on bulls or bears.

Your job is not to argue with the crowd or try to influence the crowd. If the trend is up and the crowd is growing more optimistic, you go long. If the crowd is becoming less optimistic or even fearful, it's time to sell. If the crowd is confused and unable to make up its mind, you should stay on the sidelines and wait for the market to make up its mind.

Your charts, indicators, and technical tools are windows into the mass psychology of the markets.

Psychology is fickle and random by nature. This is why you must protect yourself with good money management.

The $100 Million Professional Trader Strategy

An opening price reflects the influx of overnight orders. Opening prices reflect opinions of less informed market participants.

If market makers see more buy orders coming in, they open the market higher, forcing outsiders to overpay.

If market makers see more sell orders coming in, they open the market very low. You need to buy these stocks on the cheap, so that the slightest bounce earns you short-term profits.

You need to pay attention to the opening range - the high and the low of the first 15 to 30 minutes of trading. Most opening ranges are followed by breakouts, which are important because they show who is taking control of the market. You want to trade with these opening range breakouts.

One of the best opportunities to enter a trade occurs when the market gaps at the open in the direction opposite your intended trade. Suppose you analyze a market at night and your system tells you to buy a stock. A piece of bad news hits the market overnight, sell orders come in, and that stock opens sharply lower. Once Ist die Börse geöffnet prices stabilize within the opening range, if you are still bullish and that range is above your planned stop-loss point, place your buy order a few ticks above the high of the opening range, with a stop below, so you can ride the opening range breakout move.

The waves of buying and selling by amateurs that hit the market at the opening usually subside as the day goes on. Near closing time the market is dominated by professional traders. It is easier to make money trading against amateur traders than professionals. This means that most of your gains will come within the first 2 hours of trading. As the day goes on, your odds of making money go down.

Closing prices reflect the opinions of professionals. Look at any chart, and you'll see how often the opening and closing ticks are at the opposite ends of a price bar. This is because amateurs and professionals tend to be on the opposite sides of trades.