Day Trading Basics For Beginners – Lesson 8: Step-by-Step to a Successful Trade Now let’s take a look at one of my trades. Later I’ll explain in detail how I did it. Building a Watch List On the morning of June 2, 2016, before the market opened, SRPT hit my watch list scanner. It was […]
Day Trading Basics For Beginners – Lesson 7: Most Important Day Trading Strategies
Day Trading Basics For Beginners – Lesson 7: Most Important Day Trading Strategies In this Lesson, I will introduce some of my strategies, based on three elements: (1) price action, (2) technical indicators, and (3) chart patterns. It is important to learn and practice all three elements at the same time. Although some strategies require […]
Day Trading Basics For Beginners – Lesson 6: Introduction to Candlesticks
Day Trading Basics For Beginners – Lesson 6: Introduction to Candlesticks To understand my strategies in the next section, we need to quickly review price action and the fundamentals of candlestick charts. The Japanese began using technical analysis and some early versions of candlesticks to trade rice in the 17th century. Much of the credit […]
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