Tag Archives for " day trade "

Modified RSI Indicator For Swing Trading and Day Trading

How To Learn Swing Trading and Day Trading Using Modified RSI Strategy Many traders who want to know how to learn day trading ask me where to start. I always tell traders to transition slowly from swing trading to day trading and more importantly to use the same strategy so that you are familiar with […]

Continue reading

Trading Strategies - Momentum Breakouts

One Of The Best Short Term Trading Strategies Is Based On Momentum Today I'm going to show you one of the best day trading strategies for beginners as well as experienced day traders. I learned this strategy about 17 years ago and a still use it to this day with only a few minor modifications. The […]

Continue reading

Profit Targets and Expectancy For Active Traders

Profit Targets and Expectancy For Active Traders Most traders who start out learning day trading or short term trading tactics tend to focus on the entry method the most when they first start out. There have been countless studies to prove this point and if you doubt me just go online or take a look […]

Continue reading

High Probability Chart Patterns To Watch

How To Choose The Best Chart Patterns Today I want to discuss a few different chart patterns that beginners should focus on when they first start out day trading. Many traders start out with what I call indicator fascination and delve into advanced analysis methods that can confuse them and often times discourage them from […]

Continue reading

Swing Trading Indicators - Advance Decline Line

Not All Trading Indicators Are Created Equal There are dozens if not hundreds of different  trading indicators traders use to help them gauge short term market action. One of the most important and often misunderstood indicators is the (NYSE) Advance Decline Line. The ADL is a different type of indicator; it's called an internal market […]

Continue reading

Short Term Price Patterns That Work

Great Way To Swing Trade and Day Trade With Short Term Price Patterns I'm always on a look out for simple strategies that my students can apply to day trading with short term price patterns and indicators. One of the easiest patterns to learn and one of the first ones I teach traders is the U […]

Continue reading

MACD Indicator And Center Line Crossovers

Taking Apart The MACD Indicator Today I will focus on the most common way traders utilize the MACD and show you some basic examples so that you can become a bit more familiar with the MACD indicator. From my personal experience I can tell you that many traders find the MACD very complicated and avoid […]

Continue reading

Day Trading And Swing Trading Tips For Beginners

Adjusting Volatility Is One Of The Best Day Trading Tips You Will Get Many traders ask me for good day trading and swing trading tips, yesterday I discussed the concept of positive expectancy and how you should always maximize your profits and minimize your risk. I discussed a very important indicator that will help you […]

Continue reading

Can You Make Money Day Trading?

Does Day Trading Work And Can I Make Money Trading? I have been training traders for a very long time now and one question I get asked daily for the last decade is "does day trading work and can I make money trading". Over the last several years my answer has slowly changed when traders […]

Continue reading

Achieve Day Trading Success

How To Achieve Day Trading Success Day Trading success is one of the most challenging aspects of trading. In this tutorial I want to cover some fundamental mistakes beginners make that jeopardize their chance of becoming a successful day trader. After working with hundreds of day traders over the last several years, I put together […]

Continue reading