Let’s look at swing trading and day trading, the differences between them, and which style of trading is a better fit for you. Each trader is encouraged to trade the way they’re most comfortable with. It’s likely traders will classify […]
Educational articles on day trading stocks including strategies, risk management, and how to find stocks for day trading.
The 1% risk rule means not risking more than 1% of account capital on a single trade. Risking 1% or less per trade is the standard for most professional traders. Here’s how that works. For day traders and swing traders, […]
The one-bar or one-candle trailing stop loss aggressively moves the stop loss as each bar or candle closes. This reduces risk quickly, locks in profits, and prevents holding through a pullback. Use from the outset of a trade, or once […]
When day trading, set a maximum daily loss and loss-from-top limit to control how much is lost in a single day. We don’t want a single bad day to ruin our week, month, or year! When day trading, I recommend […]
To get into the zone for day trading, I recommend having at least a 5-minute pre-trade routine that you do before you start looking at charts or placing orders. The routine gets you into the proper mind frame: focused, detached […]
A trade trigger is a precise event that tells you to get into or out of a trade, right now. It helps avoid getting in or out too early, too late, skipping trades, or taking trades you shouldn’t. You need […]
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