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I want to know which strategy you choose for Intraday or day trading and why ? Thanks for your reply in advance.
Always Put Stop Loss for day trading or Intraday trading....
One thing about intraday systems is that you usually just have to play the market's open and close.
Not too much happens in between except news breaks. Unless you are an insider, there's no much future in playing the news - unless using some advanced option spreads.
Hmmm, i dont think he means during the day, but rather daytrading itself.
Nothing wrong with trading the open or close or any other time for that matter. If you take alook at enough markets you will soon find that some kick off at certain times during teh day - with regularity. This will allow you to construct a strategy tocapitalise on the volatility. So at least you have the first part of the scheme in place. I only trade daily, because I detest having my capital exposed to whatever when the market is closed. This program kicks botty: http://www.tradeonauto.com/blog A couple of articles that may be helpful: http://ezinearticles.com/?Four-Secrets-of-...&id=4064324 http://ezinearticles.com/?Earning-an-Incom...&id=3834624
I use the "Sperandeo/Gann Million Dollar Trade Setups" quite effectively. These setups are so strong that often times I'll have such a good profit cushion from an intraday trade I'll hang on to it for a much longer term trade.
Technical and fundamentals analysis are a must for any intraday forex trader.
Hi there! I think this may be useful for you to consider before trading...http://www.forexfactory.com/showthread.php?t=11854
Intra day trading is a trading technique in which investors buy and sell stocks on the same day. Intra-day trading requires a different kind of skill set as well as mindset. As far as strategies are concerned, you’ll find them in abundance on the Internet. Here’s a resource on intraday trading strategies that I found pretty useful –
http://www.investopedia.com/articles/tradi...44152&close You can also consult a professional broker to discuss intraday trading strategies. GEPL is an online trading and broker company that offers intraday technical calls as part of its retail equity broking services. You can check out their website for more details.
Trading supply and demand levels is the best strategy for trading everything. Raw trading based purely on price action without any indicators.
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