My Day Trading Strategy has taken many changes over my near 10 year career. I started day trading futures and I still day trade futures to this day because they are one of the easiest vehicles to trade in. Here is a brief summary of my strategy: The trick was to always try and hit a support or resistance. Little did I know I could plot those fancy support and resistance areas for free. From there I met many traders and was exposed to many different strategies. I was lucky to meet a like minded group of traders that had a very similar trading style.
I found my winning strategy by keeping a few things in mind: By having winners that are bigger than your losers it allows you to have an edge in the market. Think of it as a way to protect yourself from stupid mistakes like day trading and playing on Facebook at the same time. I try to keep everything as simple as possible because you can complicate trading very quickly. Before you know it you can be looking at 20 screens and 80 different colors.
Most people are not built to multitask and can only handle one thing at a time. When you follow a plan that works and you stick to it, positive results will magically appear. The only time I lose money is when I deviate from my plan. Keeping it simple also allows a day trader to keep his focus and motivation in check.
The honest truth is that most day trading companies are out there to take your money, not show you how to day trade. If day trading is so profitable why is there someone trying to tell you how to do it when they could do it themselves?
Think about that for a second. One of the reasons that I started this site was to give day traders an honest, reliable, and affordable, way to start day trading. You can even find me on my Facebook Fan Page. It's nice to meet you! Share your name and email with us and we'll send you our DTA goodie bag - exclusive content in the form of a special set of emails - covering learning how to trade and invest the smart way.
Enter your email below and we'll send it right away! Lets Get Started Here is a brief summary of my strategy: Little did I know I could plot those fancy support and resistance areas for free From there I met many traders and was exposed to many different strategies.
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