Intraday trading, also known as day trading, is a thrilling and dynamic way to participate in the financial markets. Unlike traditional investing, where positions are held for days, weeks, or even years, intraday trading involves buying and selling securities within the same trading day. While it...
Today, we’re going to continue the series of short, but powerful, video lectures on day trading using price action. We will produce longer, more detailed and thorough videos for you later, but I want to introduce the topics in short and simple videos first. Last time I told you about ...
Approach your trading like a business. Put in the time and effort to improve your skills. Focus on the potential loss of a trade rather than how much profit you can make. Professional stock traders say that day trading success comes from the trades you don’t take more than the trades yo...
you can work with a licensed investment advisor who can assist you in making trading decisions based on fundamental global macro factors and technical analysis. Your advisor will determine what markets you should trade and what strategies to employ to achieve your expected returns. Each transaction ...
Day trading:Centers on executing multiple intraday trades within tightly defined time intervals, normally confined to single trading sessions.Day tradersrely heavily on real-time charts, monitoring minute-level tickers and news feeds to pinpoint fleeting momentum shifts and capture quick profits. Popular...
I will work on trading the Nikkei as well as the NYSE. I mostly follow CNBC and seeking alpha and SMB blogs, and had a subscription to Absolute Return, which I cancelled because I want to trade, not run a hedge fund. I generally use 3 minute charts and am familiar with the Level2 ...
If your belief system is not in place, the other trading “systems” you have won’t count for much. Once you know that it is possible to be in the top 1%, you will see magic start to happen. All of a sudden things work and you no longer make the bad decisions you made before....
How Does a Dow Jones Futures Trading Strategy Work? Trading Dow Jones futures is essentially a bet that you can predict whether the price of the DJIA will move in a particular direction by a certain point in time. If you believe the Dow Jones Index will increase in value, you can go lo...
Intraday Intensity Index=(Close×2)−High−Low(High−Low)×Volumewhere:Close=Most recent closing priceHigh=Intraday high priceLow=Intraday low priceVolume=Number of shares sold intradayIntraday Intensity Index=(High−Low)×Volume(Close×2)−High−Lowwhere:Close=Most recent closing p...
Once you’ve had a little experience trading options, you might become curious about the opportunities of trading options intraday. In 2022, the Chicago Board of Options Exchange (Cboe) announced that it would issue weekly options with expiration days on each day of the week.1This announcement ...