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Day Trading Basics

Discuss about day trading basics: price action, orders, candlesticks, indicators.

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  • RECENT POSTS

    • 16/8/19 feeling okay again had a bit to drink last night with an old friend so spent the morning in bed but still a bit ropey.. really bad day, kept breaking all my rules and hit double my max loss. not how i like to end the week 😞    Trade 1:         
    • Hey BBT!

      My name is Sukh I'm from Cheshire in the UK

      I have owned my own businesses for the past 15 years, I now have time for a new challenge/project. I'm not keen to not add another business, more customers, more staff etc 

      Trading seems like the right opportunity

      I have been thinking about it for a while, stumbled upon Andrew on Twitter I believe and then bought and read his entire book in a weekend

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    • Hi, I watched Japanese markets for a while and sometimes you can find the patterns we trade here in most active stocks. The problem is that it is much harder to find the correct stocks without speaking Japanese. In addition the number of good setups per day seems to be lower, the min share size is 100 and trading after lunch break may be too volatile and spontaneous. Oh and margin requirements are too high in terms of account size and trade volume.  You can see a number of successful traders online sharing their results but it is hard to tell what strategies they are using. I would say it is possible to make money in Japanese market but it will take a lot of practice, reading and communicating with local traders which is difficult on itself not mentioning the language barrier. 
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