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Most day traders flop. These researchers say one popular strategy works.

Por: MarketWatch Business April 19, 2023

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They argue that a strategy called the opening range breakout can outperform a standard buy-and-hold strategy. The idea is that traders can profit on the volatility at the beginning of the trading day, by buying, or selling, when the stock breaks out of the high and low range during the first minutes of trading. They studied the first five minutes, from 2016 to 2023 — which had two bear markets and abnormal volatility — and examined the TQQQ... + full article



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