“How do trend traders in the futures market maneuver gaps after settlement…”

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Mike,

First off, thank you for all the time and effort you put into the work you do. Love your books and your podcast, as they are very informative. I have a question, how do trend traders in the futures market maneuver gaps after settlement? Are they closing positions at end of day and reopening or do they let it ride? I trade crude oil and have seen some pretty nasty gaps at times. Although be it rare, they could lead to a sizable loss. Thanks again.

Trend followers are not one market traders.

They have exits based on price.

They have risk management based on price.

Gaps are built into price.

Right?

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