two essentials of stock day trading

Two Essentials of Stock Day Trading

What is Day Tradingwww.intelligentdaytrading.com

Day trading is short term trading


Day trading is short term tradingA day trade is (usually) entered and exited within the same trading day


Day trading is short term tradingA day trade is (usually) entered and exited within the same trading dayA day trader takes advantage of the relatively small movements in stock price during the trading day

Although some moves can be more than 100 points

Researchwww.intelligentdaytrading.com

Point one – Get your research rightResearch on short term trading like day trading consists of technical research


Point one – Get your research rightResearch on short term trading like day trading consists of technical researchTechnical research involves reading stock charts to determine what is likely to happen to stock price at given times


Point one – Get your research rightResearch on short term trading like day trading consists of technical researchTechnical research involves reading stock charts to determine what is likely to happen to stock price at given timesYou’ll want to learn to read stock charts properly in order to be a successful day trader

Strategywww.intelligentdaytrading.com

Point two– Follow a winning strategyThere are many day trading strategies available


Point two– Follow a winning strategyThere are many day trading strategies availableAlways test a strategy for yourself before committing money to it


Point two– Follow a winning strategyThere are many day trading strategies availableAlways test a strategy for yourself before committing money to itStart by back testing as far into the past as your charts will allow. Write down the results


Point two– Follow a winning strategyThere are many day trading strategies availableAlways test a strategy for yourself before committing money to itStart by back testing as far into the past as your charts will allow. Write down the resultsTest in real time by paper trading from the strategy for a while


Point two– Follow a winning strategyThere are many day trading strategies availableAlways test a strategy for yourself before committing money to itStart by back testing as far into the past as your charts will allow. Write down the resultsTest in real time by paper trading from the strategy for a whileWhen you have a winning strategy, stick to it!

Good luck with your trading

Thank You

two essentials of stock day trading

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