Day trading is becoming popular among retail traders in many markets. Many new retail traders want to try out a day trading price action strategy. What is it, and how can you be successful? A day trading price action strategy refers to the pattern of price movement of an asset. Thus, a price action strategy…
In the trading world, people approach markets differently. While some use swing or position trading strategies, others trade intra-day and use intraday trading strategies. Wondering what intraday trading strategies are? Intraday trading strategies refers to a style of trading where a trader buys and sells a financial instrument within the same trading day. The financial…
In the past, the only people who could trade actively in the stock market were those working for large financial institutions, brokerages, and trading houses. That is no longer the case today, as many individual traders make a living day trading stocks or futures. But what exactly is a day trading strategy? A day trading…
The internet is flooded with courses on how to get rich day trading penny stocks. If the penny stock market attracts you, you might want to have a penny stock day trading strategy. Day trading involves actively buying and selling securities within the same day, trying to capitalize on short-term changes in price. This strategy…
You might wonder which time frame to watch when day trading. Instinctively you might believe you need intraday bars, ie bars 5-minute bars, 60-minute bars, etc. However, after reading this article we hope you are reconsidering. Can you day trade with daily bars? Yes, you can day trade with daily bars. As a matter of…
In the midst of a speculating frenzy and the madness of crowds, it’s easy to get trapped in the belief that day trading is easy money. Survivorship bias and glamorous pics in social media make us blind to the low probabilities of making it big in day trading. The fact is this: What percentage of…
What is the return during the last hour of trading? A search on the internet reveals that traders should beware the last hour of trading and that volatility picks up. Let’s do some simple “fact-checking” on the S&P 500 and find out the return during the last hour of trading. Based on the results you…
For most retail traders, trading is mostly about technical analysis using trading indicators applied to a price to look at the current forces in the market. While technical indicators may play a significant role in trading, professional day traders don’t always depend on them. One of the most important tools in a professional trader’s toolbox…
Many dreams of getting the hang of day trading and spending time in different holiday resorts while trading and drinking margaritas in the sun. However, you need to travel lightly and you can’t bring a big and heavy stationary computer. It would help if you had a laptop or perhaps something even lighter or smaller….
Is day trading a good idea? At odd intervals, usually after the markets have risen for an extended period of time, day trading seems to get a lot of attention. 2021 seems to be one of those years. And we can’t blame people for dreaming about day trading: the markets seem to go only one…
How to succeed in day trading can only partially be taught. In this article, we briefly discuss how you can minimize the hurdles to become successful. To succeed at day trading, we believe you need to be systematic, detailed, and quantitative-oriented. How can you become a profitable day trader? How to succeed in day trading?…
Why day traders fail boils down to at least 12 reasons. This article explains why day traders fail and what you can do to survive and perhaps even prosper. Why day traders fail is mostly because they don’t understand the ecology of the markets, have no game plan, trade too big, and don’t know their…
If there is one thing I would like to emphasize with this website, it is the fact that day trading is very hard. On top of that, you always have financial insecurity. When I first started day trading I had to let go a lot of things: no dining out, no travelling, no vacation etc….
How to make money day trading doesn’t have an absolute answer. However, How I made money day trading might offer some clues on how you can go about it. Day trading is fast-paced and gives an adrenaline rush. It offers the possibility of making a lot of money in a short amount of time if…
I like to keep good records of my trading. It’s tedious and sometimes boring to record data, but usually, your broker/clearing firm has a lot of interesting data. This morning I had a look at some random numbers from my clearing sheets (I also wrote about this in July): Win ratio long trades: 56%…
I have previously written some articles about the possibility of making money day trading: My Numbers 2002-May 2012 Automated Trading Tuco Trading From mid-2011 until mid-2012 I was going through a tough time trading. I hardly made any money. At the same time, I was moving to a foreign country and I had a lot…
S&P 500 has historically a strong tendency to revert to the mean. I’m looking to find a way to fade the gap. My research has indicated that fading the gap is best after a strong move in either direction. Thus: The high and low divergence day trading strategy Here are the criteria for a reasonable…
I have previously written one article about the possibility of making money in daytrading: Is It Possible To Make Money Day Trading? My numbers July 2012 – July 2013 Is It Possible to Make Money Day Trading? Can you make money day trading? (My numbers) Is It Possible To Make Money Day Trading? Part 2:…
This was a long headline, which probably won’t catch many readers. Anyway, the trading strategy has proven to perform well in the past but in the last years up to 2021, it has been rather flat. In trading, boring is good. The strategy is tested on the ETF with the ticker code XLP. A day…
My experience is that the most boring stocks are the best for day trading. Many day traders are thrill-seekers, which is too bad because I think the best stocks are the most boring. This is a little bit like low volatility factor investing: over many decades the best stocks have proven to be the “boring”…
This article presents a last-hour trading strategy. This is in practice a momentum strategy. Here is the hypothesis: if SPY rallies from the open until the last hour, can we make money by going long one hour before the close and exiting on the close? This is a “last hour” trading strategy: The momentum day…
In day trading, what are the returns in the first hour, middle of the day, and in the last hour? I have lately broken down the trading day into performance during the first hour, the middle of the day, and the last hour. Previously I have written two articles about when SPY establishes the high…
I have previously written two articles about when SPY sets high and low during the day: Which Trading Hour Is The Best? When Should You Buy And Sell During The Day? At what time of day sets SPY high and low? Intraday high and low in SPY by weekday I’m trying to find something tradeable…
Some days ago I wrote about a new day trading strategy I have implemented. This morning I had a second look at it and decided to test it using some of the stocks I did not pick for my portfolio list. I simply picked 31 random stocks out of the 365 stocks remaining (I had…
Over the last several months I have been looking into a new potential day trading strategy. This one looks into more illiquid stocks and therefore I won’t reveal the strategy: It’s simply not enough volume for many traders to trade the same. So why do I bother to publish it? I would like to show…
I am a Norwegian living in an obscure former Soviet country but are mainly day trading US stocks. Why would I day trade US stocks? In this article, I give you five advantages of US stocks compared to other countries. Why I day trade US stocks There are several reasons. Here I will mention what…
Please read the first part first: Is It Possible To Make Money Day Trading? My numbers July 2012 – July 2013 The market changed quite dramatically from 2011 and I have yet to cope with that. I struggled in the first half of 2011, and in June 2011 it got worse when Echotrade planned to…
I get a lot of e-mails about day trading. The typical question is: Is it possible to make money day trading? Can you make money day trading? How to succeed in day trading? My simple answer is yes, of course, it is possible to make money day trading, I have done it myself and made…
Day trading is popular and many are dreaming of striking it rich. The chances of striking it rich should be better than ever before, right? Free commissions, crypto trading, plenty of news, bell, and whistles make sure of that? You can even put up much less money than if you do swing trading or long-term…
