Every day trader must decide which financial instrument to trade. There are many choices including futures, forex, stocks, and options. There are also many considerations of your own, and conflicting advice from your friends. Indeed, it is a difficult choice to make. Let’s cut the chase and tell you why futures trading is the best […]
Three-Bar Reversal Pattern For Day Trading
Alton Hill from TradingSim, a day trading simulator, wrote about an enhanced three bar reversal pattern for day trading. According to Alton Hill, three-bar reversals are too common in intraday time-frames. To select the best three-bar reversal patterns for day trading, he wants the third bar in the pattern to close above the highs of […]
Day Trading For Dummies Book Review
Overview of Day Trading For Dummies Like the rest of the Dummies series, Day Trading For Dummies by Ann C. Logue is not for dummies. This book assumes you know little about day trading and tries to speak to “smart people who is thinking about doing it”. That is a pretty good pitch. Ann C. Logue holds […]
How To Choose The Best Day Trading Broker?
With dozens of day trading brokers flashing their advertisements at you, it’s easy to get overwhelmed by the options. How do you choose the best day trading broker? How do you even start? This step-by-step guide will show you how to choose the best day trading broker based on your requirements. 1. Decide what is […]
10 Tips for Part-Time Day Traders
Day trading is not always a full-time affair. Part-time day traders might have other commitments during the day, or want a taste of day trading before venturing into it full-time. In any case, the considerations of a part-time day trader are different from a full-time trader. Here are 10 tips for the part-time day trader. […]
The 15-Minute Opening Range Scalp Trading Strategy
The 15-minute opening range scalp trade is among the ten scalping trade setups shared by Kevin Ho, a floor trader and a member of the Singapore Exchange, in his article in Chartpoint. It is a time-sensitive trade for the market opening of the S&P. This opening range scalp trade is an excellent option for part-time […]
