Wednesday, May 22, 2013

Day Trading Strategies

Opening Gap Reversal

There are several variations of the opening range breakout, and one of the most common is the opening gap reversal.  Like any open range breakout, this online day trading pattern consists of a breakout from a range that has been set up in the first hours of trading. There are two variations of the opening [...]

OHLC Chart

You might be wondering about how to read an OHLC chart (or bar chart), and that’s understandable.  Next to the candlestick chart, this is one of the most widely used day trading charts. Let’s start simple.  What is an ohlc chart?  Well, it’s also called an open high low close chart, and that name just [...]

Day Trading Information

There are many places you can go for day trading information.  Many of them aren’t worth much, as they are simply a shell of a site designed to sell you some sort of miracle trading software that will supposedly make you rich. The first place I point any newbie looking for online stock trading information [...]

How To Read Stock Charts

I figured since I am the (self-proclaimed) Chart Shark, I should probably give some basic idea of how to read stock charts.  I wrote a post a while ago that was pretty much a joke regarding the subject, but sometimes I forget that people are looking for real information. 3 Types of Stock Charts Reading [...]

Day Trading For a Living – What Does it Take?

All right, let’s talk about what might really be required of someone who plans to go about online day trading for a living. First of all you need capital.  You can paper trade all day, but unless you’ve actually got money invested in the market, you can’t very well make a living at it can [...]

Opening Range Breakouts

We’ve discussed the opening range breakout before, or it least what it takes to make for a successful breakout trade, but we never really covered the basics.  That’s because there are a million websites where you could receive this information, but I might as well add my own two cents.  The opening range breakout is often [...]

Stop Micromanaging Your Trades

bracket order, day trading blog, day trading strategies, day trading tips, daytrading strategies, daytrading tips, day trading, daytrading, stock market, stock charts, trade management

What do you do once you’ve entered a trade? Do you already know where you’ll exit, be it a win or a loss, or do you just meander along until you feel like exiting? Or, even worse, do you sit there and agonize over every single move in your stock; exiting too early or too [...]

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