The 10:00 AM Rule in Stocks, Tested
The 10:00 AM rule says wait out the opening 30 minutes. We tested it on three years of minute bars: how much range and volume the open really puts in.
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The 10:00 AM rule says wait out the opening 30 minutes. We tested it on three years of minute bars: how much range and volume the open really puts in.
The 7% sell rule says sell any stock that falls 7 to 8% below your buy price. The recovery math behind the cap and why a stop order can fill well below 7%.