RE: Strange day9 Dec 2025 18:24
Ever heard the phrase “Amateurs open the market, professionals close it?”
It’s one of those classic trader sayings that actually makes perfect sense when you really think about it…
Let’s start with the obvious: what is “the open”?
We know it’s often wider spreads on stocks, lower liquidity, the market whips around and takes some time to settle down.
Data even shows that a big percentage of intraday highs and lows happen in the first 30 minutes. Great for scalpers, of course, potentially dangerous for everyone else.
And just think, if you’re an institution trying to build a position, you’re not diving into that chaos.
You’re waiting, letting the order book fill. Letting the price settle down.
Compare that to the close…
After a full day of price discovery, emotion, and execution, the closing print is the final “vote”, if you like.
It’s the price both sides agreed on after everything played out.
And for a lot of big boys, rebalancing, hedging, managing client flow, the only thing they really care about is the close. (and maybe the VWAP…)
Even when we look at a daily chart, it’s the C in OHLC that carries the most weight.
And think about intraday sentiment shifts:
• A weak open that rallies and closes strong? That tells a story.
• A gap up that fades and closes red? That’s another.
Think of it as: The open is noise. The close is a signal.
So next time you’re framing a trade or reviewing your tea leaves…
Ask yourself: “What did the close say?”
Because, as the traders from decades ago used to say… “Amateurs open the market, professionals close it?”
Meanwhile, Today's price action suggests we are at the crossroads 1111.11
GLA and enjoy the voyage