Tagged: daytradetowin review

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Breaking Day Trading Rules Using Price Action

Classic books on day trading often advise conservative approaches. If your profit target and stop loss have a ratio of 1:1, then it’s quite possible regular market fluctuations will trigger a premature exit. If your stop loss is considerably less than your profit target, an early exit, even if a...

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Trading Strategy: Tops & Bottoms Recipe for Disaster?

Beginner and experienced traders like to identify areas of support and resistance, or recent highs and lows, by drawing horizontal lines on the chart that coincide with barriers where price did not cross. The idea is that price, again, will not want to tread beyond those lines/values for whatever reason....