Will Kraa introduced the concept of trading Gaps on the daily Open in a Sunday TfaC meeting. The Gaps are stimulated by price sensitive announcements. Bob James has researched past instances of Announcements and Gaps and has created a spreadsheet tool to exploit them. John Andrews has created an AmiBroker indicator for displaying statistical properties of the Tails on Candles as potential Stops.
Trading is a game where the average trader loses money. At least that is what we are often told. I have no reason to doubt that this is a fact and so if you would like to be an average trader then you should read this article and play this game. Of course the chances are that you will lose money. If you don't like losing money then you might read this to see how to avoid playing the game of the average trader.