When day trading, do you keep asking yourself, “Is there a trade now? What about now?” and so on, then that’s a sign you probably need constant guidance. Trading should be enjoyable. Nagging yourself, doubting, and hoping the worst doesn’t happen–these things are not healthy trading. Review all the DayTradeToWin…
So, if you want to become a day trader, do you just take thousands of your dollars, open up a trading account, dump your money in, and hope you click the right buttons to profit? Or do you go by some level of guidance? Trading on a hunch could go…
Practice makes perfect. Day trading is no different. How do you practice trading the best way possible? Practice using the same professional trading software/platform you intend to eventually use for real-money trading. Ensure your practice trades are recorded by the platform so you can review your performance later. Replicate the…
Now that 2022 is here, do you think the markets are still manipulated? As many have guessed, the same players and the same systems are chugging away. From the perspective of an individual, at-home day trader, it is difficult to determine how much of the price activity seen on charts…
Many people in the world all looking for the easiest way to make money. Some care more than others about the services and products they offer. Day trading is one of those industries that attracts a look of people looking to make a quick buck – both on the business…
John Paul from DayTradeToWin is seeing a buy opportunity right now for the E-mini S&P 500. According to the January Effect price action, there is a retracement underway that may last for several days. Because January 2021 was an “up month,” 2021 is expected to be an “up year” overall;…
Is there a best price action swing trading system? That’s going to depend on ever traders specific needs. Past performance does not indicate future success. That said, when it comes to day trading methods, swing trading generally refers to taking trades and holding them for a longer duration than a…
John Paul of DayTradeToWin has been fond of the 5-Minute and 1-Minute chart types for a number of years. When the 5-Minute chart is too volatile, he often recommends using a 1-Minute chart, as this causes the profit target and stop loss values to decrease, as they are based on…
A profit target is the “profit goal” for a specific order or orders. A stop loss is the amount of acceptable loss or risk for a specific order or orders. Depending on a trader’s account and means of trading (i.e., day trading software), profit targets and stop losses are typically…
Like anything in life, it makes sense to learn from people who already have experience and can provide suggestions. If you look online long enough, you will find many experienced traders who eventually turned to something called price action. Price action is the art of trading based on what is…