Money can be made only when momentum is there and momentum will be highest during the first 30 to 60 minutes and the last 30 to 60 minutes. Trading the first 30 to 60 minutes correctly using the open price ( ie long when price is above open and short when price is below open ) will produce excellent results provided we are on the right side. But the only caveat is we should have a tight stop loss in case the trade goes wrong. Other wise, losses may be very large.
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