Tagged: price action trading
Do you expect to wake up one day and be a professional trader? Or do you have to practice at it? For most people, practice is necessary. And you have to practice correctly. Practicing correctly involves replicating a real-money trading environment. And what professional trading software or platform easily allows...
Scalping is a style of day trading that focuses on executing trades quickly. Often times that means going for many trades of relatively low value. However, multiple wins can satisfy a day’s goal of multiple points of profit. That said, there are no guarantees that any trading method will yield...
John Paul from DayTradeToWin shares his new Blueprint software in this latest video. The Blueprint provides long and short signals for many chart types including Renko, Volume, 30-Second, 1-Minute, 5-Minute, Hourly, and Day. The given market conditions and your goals determine what chart type is most appropriate. Because the Blueprint...
Some people prefer scalp trading over methods that focus on fewer, larger moves. With scalping, you don’t have all your eggs in one basket. You spread your trading day over a larger period of time to account for variability or certain “moods” the market exhibits throughout the day. Does six...
We can talk about day trading indicators all day long. There are just so many to pick from and each trader seems to have his or her own take on what works best. If you’ve done some research online, you’ve probably seen veteran traders say something like, “I’ve tried everything...
If you have been on social media and have interesting friends or acquaintances, you may have seen the phrase “Your thoughts create your reality.” This has been a part of the so-called New Age concepts for decades and has roots in ancient practices. Those of ancient days allegedly created sculptures...