Best Day Trading Strategies For Beginners
Day trading by definition is a trade taken on a day. For example if you put a long position today, you must close that position before the market closes.
Day trading is highly recommended for traders who are new to trading and who have 8-5 jobs.
The first day trading strategy that I cover is what I call “hit and run” strategy. This is a very simple strategy that only requires one indicator.all we need is the Arnaud Legoux Moving Average or ALMA for short.
The day trading strategy is based on the Chandelier Exit indicator in combination with Heiken Ashi Candles.
The third day trading strategy is based on two common indicators , The MACD and The EMA 200 .
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Пікірлер: 13
What would the settings be for the Ce indicator on the 5 minute time frame
@protradingschool6692
10 ай бұрын
The default settings
thanks sharing sifu 🙏
@protradingschool6692
Жыл бұрын
You are welcome anytime
What is the settings of ce indicator in one hour and day time frame used
@protradingschool6692
10 ай бұрын
The default setting
What are the settings for the MACD turning green/ red
@protradingschool6692
Жыл бұрын
Default setting
So we only buy using the hit and run strategy? Coz you said we wait for green candle to close above the indicator
@protradingschool6692
Жыл бұрын
Yes you should wait for the candle to close above the indicator
@EastwoodEYeboah
Жыл бұрын
@@protradingschool6692 i am asking so this strategy we only buy not sell?
@protradingschool6692
Жыл бұрын
@@EastwoodEYeboah you buy when the green candle closes above the indicator, and you sell when the red one closes below the indicator
@EastwoodEYeboah
Жыл бұрын
@@protradingschool6692 another thing i seek clarification you said confirmation is on 1 DAY candle, question is do we pay attention to the previous closed day closed candle to be closed above or below or just coz we switch to 1 day chart and we see past days had closed above or below.