Day Trading Tips
Day trading can be very rewarding, but most beginners underestimate how difficult it can be to become profitable.
There are a dizzying array of techniques, price patterns and indicators to choose from. But my experience has been that many of those things actually overlap.
In general, it’s best to keep your trading as simple as possible … while still putting the odds on your side.
One of the best day trading tips I’ve learned is that the best way to establish a favorable probability scenario is by measuring the “energies” of the market and waiting for them all to align before placing a trade.
Those 5 energies are:
- TREND gives us the direction of the market
- MOMENTUM gives us the strength of the trend
- CYCLES give us the timing for a change in energy
- SUPPORT and RESISTANCE levels are barriers to energy.
- FRACTALS are forces of energy at work on different scales.
INDICATORS are used to mathematically measure these energies, giving us an objective evaluation of them. To learn how to use these 5 energies, you can now get free access to my 5-Day Video Mini-Course. Also, I’m giving away, absolutely free, one of my favorite trading setups: “The Rubber Band Trade.”
It’s one of my favorites for a simple reason …
IT WORKS!
You’ll get it on day 4 of my free 5-Day Video Mini-Course:
Make Money by Breaking Every Trading Rule You Ever Learned
To receive the rules for “The Rubber Band Trade,” your free subscription to my newsletter and the 5-Day Video Mini-Course giving you more day trading tips, simply fill out the short, easy form below.
You’ll instantly receive an email with the link to your first video lesson TODAY!
I respect your privacy: I will not share your information with anyone else. Each email will also include an easy unsubscribe link.
After you request the 5-Day Video
Mini-Course, check out my free Trading Blog.
