HYPER Entries Explained

As many of you may have noticed, there is often a difference (sometimes, quite large) between the listed entry price and what the price of the stock/currency opens at the following morning.  This is called a "price gap," and is unavoidable because these stocks are traded all over the world, 24 hours a day.

That is why, when you see a proposed HYPER trade you will see an entry price, then the explanation of "or higher" "or lower."  If we are buying a call we will say get in with an entry price of ### "or lower" since we are expecting the price to go up.  For a put, the reverse is true.

Look at this, chart of BP (a proposed trade on 8/9):

[chart|nid=1628]

You can see the close price on 8/8 is 38.19.  This is our entry price for the next day or lower (since it's a call).  The next morning, BP opened at 39.38, well above the listed entry price.  Thus, the trade is valid, and we will have to avoid this trade.  Be patient, the strategy works.  Follow the alerts and entry prices and you will see the results. Even if all trade alerts for a given day are invalid due to price gaps, don't fret, more HYPER trades will be posted the same afternoon!

Hope this helps HYPER Traders, and please comment if you have any questions/comments.