sds 700x374 - 5 minute rule

4 thoughts on “5 minute rule”

  1. I can’t read the notations you have on the charts – too small and blurry. Any way to clear this up?

  2. David:
    I just want to be sure I understand this very important rule.
    1 – At the open and within the first 5 minutes a stock triggers the buy price. All you do is note the high in this 5 minute window. Now we have established a new trigger price – the high in this 5 minute window.
    2 – If the NEW trigger is broken OUTSIDE of the first 5-minute window, that is when you can purchase.

    Essentially, you never purchase a stock within the first 5 minutes. However, a new trigger price may be established within this 5 minutes and if so, that is what traders need to use.

    Is this correct?

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