Commentaries by Bruce Babcock for New and Experienced Traders

No matter what day trading strategies you adopt, consistency is the key. They identify intra-day trading strategies that are tried, tested. Two Factor Authentication 31 Aug There are few day trading approaches that meet this test. There are four cardinal principles which should be part of every trading strategy. Investment instruments typically exhibit demand and resistance zones.

There are many different strategies you can use when trading commodities. Learn which strategies make the most sense for you. Commodity Trading Strategies Day Trade To Win- "At The Open" Trading .

4 Successful Day Trading Strategies

Join the community of thousands of followers on YouTube and begin studying the free content we post on a daily basis. This is the beginning of your education. You need to study the markets, analyze charts, and learn the strategies professional traders are using every day. A day trader is two things, a hunter of volatility and a manager of risk. The act of day trading is simply buying shares of a stock with the intention of selling those shares for a profit within minutes or hours. In order to profit in such a short window of time day traders will typically look for volatile stocks.

This often means trading shares of companies that have just released news, reported earnings, or have another fundamental catalyst that is resulting in above average retail interest.

The type of stocks a day trader will focus on are typically much different from what a long term investor would look for. Day traders acknowledge the high levels of risk associated with trading volatile markets and they mitigate those risks by holding positions for very short periods of time.

Trading on Margin is when you trade with borrowed money click here to details. This is considered leveraging your account. The risk of course is that he will make a mistake that will cost him everything.

Unfortunately, this the fate of 9 out of 10 traders. The cause of these career ending mistakes is a failure to manage risk. Trading with Cash is an option, but because it requires 3 days for each trade to settle most traders will trade with a margin account but choose not to use leverage. This is a risk management technique. Imagine a trader who has just taken 9 successful traders. This means each trade had the potential to double the risk which is a great 2: So many beginners fall into this habit of having many small winners then letting one huge loss wipe out all their progress.

We will discuss in detail how to identify stocks and find good trade opportunities, but first we will focus on developing your understanding of risk management. Over my years as a trader and as a trading coach I have worked with thousands of students. The majority of those students experienced a devastating loss at some point due to an avoidable mistake. The money to trade on margin is easily available and the allure of quick profits can lead both new and seasoned traders to ignore commonly accepted rules of risk management.

They cap their losses. They accept that each trade has a pre-determined level of risk and the adhere to the rules they set for that trade. This is part of a well defined trading strategy. The Momentum and Reversal trading strategies are the 1 and 2 best trading strategies out there.

These two day trading strategies are being used by thousands of our students who have participated in the Warrior Trading Day Trading Courses. In short, both of these strategies are going to give you the framework for what type of stocks to trade, what time of day to trade, how to find stocks to trade, how to set your stop loss to have a max risk, and how to find your entry based on traditional chart patterns including Bull Flags and Rubber Band Snap Backs.

Once you choose the one that is a good match for your skill level, your risk management tolerance, and the time of day you plan to trade, you are ready to get started. Make a plan to trade this strategy in a Simulated Trading account for 1 month to test your skills. You also must maintain a profit loss ratio of at least 1: If you can achieve these statistics, then you are positioned well to trade live.

During the 1 month of practice, try to take 6 trades per day. If you want to become less dependent on stock-based investments, consider the following strategies. Learn More at yieldstreet. Something I have been working on Get a Zerodha account Trade Technically, on price action. As price discounts everything, focus only on the price action, and dont get swayed by news or tips. Everything you need to know is in the charts.

Target is to take points per day. Try not to trade in the middle - 11am - 2pm, when its a ranging market. The last 30 minutes is crucial, enter the direction SuperTrend is showing and play it till 3: Always remember, its a 0 sum game. I learnt few things from Intraday trading which I am mentioning below: Intraday trading is a technique which can be learnt and improved day by day so you have to keep on learning everyday.

Stock selection is most important part in intraday trading so you have to choose stock very wisely. Yes this is most important while trading because I have seen many people who takes personal loan or borrow money from someone and regret after loosing that money. You should trade with your own spare money only. First of all choose less volatile and liquid stocks for trading in intraday.

Let me help you to choose less volatile stocks which has good volumes as well as they are not highly volatile. Adani enterprise has very good volumes today which I gave delivery buy on Friday at So you can choose stock which have liquidity and less volatility. Now you have to find out that either that stock is bullish or bearish. Tata Global is bullish stock and it was not falling with the market so it was a best buying opportunity when market opened. I never suggest to buy falling stocks to buy for intraday.

Buy only strong stocks which are not falling with the market. JSW Steel is also a great example of that. Remember to stay humble and handle with care. Related Questions What is the best day trading indicator? What is the best strategy to day-trade oil futures? What are the best futures trading platform? What is the successful strategy in futures trading? What is the best method to trade nifty futures? What are the best silver trading strategies? What are the trading strategies?

What's the best strategy of trading? What is the best commodity trading strategy? What is best way of trading?

What are the best day trading courses? What are the best day trading techniques? Which is the best day trading method for NSE futures? Which is the best day for trading? What is the best strategy to trade bitcoin in day trading? Even penny-stock trading falls under the same rules. Stay calm and focused, and you will find your way to wealth. Next week we will provide you with another 4 day trading strategies that will make you be a successful day trader. Make money in Day Trading: Two Factor Authentication 31 Aug Welcome to the Virtual Trading Office 31 Aug TO 24 Aug Ready to make money?

The first step is to sign up. Succeed in Day Trading. Start a Trading Office. How You Make Money. Learn why over 3, professional traders choose us.

The Only Way to Day Trade

There are intra-day trading strategies beginners can use to maximise their chances to stay in the game for the long haul. These can be use in most markets like forex, commodities or stocks. Because, ‘the long haul’ is where someone can turn their initial starting capital, into a retirement nest egg! Day trading strategies are fundamental for beginners and advanced day traders. Learn trading strategies that can be used in the stock, forex or futures markets. The Only Way to Day Trade: There are four cardinal principles which should be part of every trading strategy. They are: 1) Trade with the trend, 2) Cut losses short, 3) Let profits run, and 4) Manage risk.