Day Trading for Dummies is a follow-up to my post titled “How to Read Stock Charts for Dummies.” You see, people have a habit of overcomplicating things that are very simple and easy to understand. I think this gives people an excuse to fail, honestly. I mean, if you make something so complicated that you can’t understand it, then it’s not your fault that you failed, it’s because the subject matter is really difficult, or the task is impossible, right? That’s total B.S.
There’s a great Einstein quote regarding one’s ability to understand and explain something and it goes “If you [...]
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opening range breakout
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 misunderstood because, like many things in day trading, they appear simple on the surface but are actually fairly difficult to trade. There are a lot of factors that must be accounted for and a new trader simply does not have the experience to take these [...]
