Why day traders fail boils down to at least 16 reasons. This article explains why day traders fail and what you can do to survive and perhaps even prosper. Why day traders fail is mainly because they don’t understand the…
Why do intraday losers pop in the final 30 minutes of the trading session? This article shows you the abnormal returns obtained from buying intraday losers and what might be the reason for this anomaly. Key Takeaways What Is the…
You might wonder which time frame to watch when day trading. Instinctively, you might believe you need intraday bars, i.e., 5-minute bars, 60-minute bars, etc. However, after reading this article, we hope you are reconsidering. Can you day trade with…
Opening range breakout trading strategies (ORB) are popular strategies, perhaps because of Tony Crabel’s classical trading book published in 1990: Day trading With Short Term Price Patterns And Opening Range Breakout. 31 years after it was published, we still see…
I record every trade I make in Excel. I categorize them into short/long, which day of the week, date, where the market opened, how the market performed the day before, how the stock performed the day before, average volume in…
Lately, I have done some research trying to develop some new daytrading strategies. I have tested many trading strategies that buy or sell at the open (OPG). The exit has been after two hours or on the close (MOC). An…
Here we are presenting a lot of very interesting Day Trading Statistics that will probably shock or at least surprise a lot of readers. Day trading has witnessed a surge in popularity. The rise of internet trading platforms and social…
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…
How important are the best days compared to total profits? In trading, you want to avoid negatively skewed trading strategies. These are strategies that have fat left tails and might wipe out all your profits from many trades. You need…
Gap fill trading strategies are popular among traders, especially when it comes to playing the opening gap of the S&P 500. But what exactly is an opening gap? This article explores the basics of gap trading strategies, focusing on understanding…
Three german researchers have written a study called Is Poker a Game of Skill or Chance? A Quasi-Experimental Study. I was made aware of this article in Peter Warrens’s blog (only in Norwegian). I totally agree with the content. Most…
What Does A Follow Through Day Mean In Trading? As a stock trader, you may likely have asked this question several times: “How do you identify a stock rally?” That might have been the question that led William J. O’Neil…
How to make money day trading doesn’t have an absolute answer – there are many ways to become a successful and profitable day trader, even though it’s not easy. However, I have been day trading successfully, and in this article,…
While trading price bar patterns may not be a robust trading approach, within the right chart context, it is possible to create robust signals. This is true for the outside day price pattern, which is quite popular among price action…
How is the life of a day trader when you are day trading as a job? Here are some very personal and random thoughts on day trading, originally written many years ago: I love day trading! I have day traded…
How to gain a trading edge by knowing yourself is crucial for success in trading. In previous articles, I have written about how to find trading edges in the markets, but in this article, I look at how you can…
Today, we present a new strategy bundle that contains three 24-hour day trading strategies. What is a 24-hour day trading strategy? That is a strategy that buys at the close and holds the position for 24 hours until the next…
The SPY Day Trading Strategy presents an intriguing opportunity in the SPY market. By simply adhering to two straightforward criteria – a specific formula threshold and an open-down scenario – traders can potentially capitalize on market movements from 2005 to…
Rebate trading strategy is a strategy where traders aim to profit by taking advantage of rebates offered by exchanges or liquidity providers for providing liquidity to the market. Traders typically execute a large number of small trades to qualify for…
SPY tends to set its daily high and low during the first and last trading hours, which only make up 31% of the trading day. This suggests traders might find good times to enter or exit positions then, especially since…
An inside day is defined by two bars where the last bar has all price action below yesterday’s high and above yesterday’s low. In other words, today’s price action and trading are completely inside yesterday’s. Our backtests indicate that an…
The first day of the month seasonality is strong in most markets. We have previously written about the turn of the month trading strategy, but today we look at the first trading day of the month. The turn of the…
The last trading day of the month offers trading opportunities. This is one of many seasonal trading strategies. Can we make a last trading day of the month trading strategy? The last trading day of the month is a weak…
In this article, we look at the meaning of scalable and non-scalable professions and careers – scalable vs. non-scalable. What you choose might have a significant impact on your life. The word scalable is in Merriam-Webster defined like this:…
Are you looking to make profits from day trading strategies but feeling overwhelmed by the numerous strategies out there? You’re not alone. Day trading can be a complex and high-risk endeavor, requiring a blend of knowledge, discipline, and timely execution….
This article shows you how to short retail investors’ favorite stocks. Is it possible to make money shorting stocks? It is, albeit it’s very difficult. In the context of a bear market, where stock prices can rapidly decline and volatility…
This Every Open Down Trading Strategy, tested with ETF SPY (representing the S&P 500), operates on a basic principle: buying when the market opens down and selling at the close, with specific criteria guiding entry and exit points. The simplicity…
Pivot point trading strategies involve using key support and resistance levels calculated from previous market data to determine potential entry and exit points for trades. We have been investing and trading for about 21 years, but not until now have…
Trading probability and the odds of a winning trade (calculator) can change the life and experience of a trader. Are your trading strategies backed by probability, or are you leaving success to chance? Understanding and applying trading probability is essential…
Day trading has become increasingly popular among individual investors, as it provides a way to make money quickly and easily. In this article we will discuss and analyse ChatGPT Day Trading Strategies. ChatGPT day trading is a unique trading system…
Day trading is becoming popular among retail traders in many markets. Many new retail traders want to try out a day trading price action trading strategy. What is it, and how can you be successful? A day trading price action…
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…
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…
The simple answer is yes, of course, it is possible to make money day trading. I have done it myself and made enough to become a F.I.R.E. But can YOU make money day trading? That depends on many factors. I…
Many traders want to take the leap and go full time. Being a full-time employee while your real passion is trading, can drain your energy. It’s frustrating because your mind is elsewhere: the dream of freedom, independence, and becoming wealthy…
Are you tired of the endless debate about the Best Timeframe for Day Trading Strategies? Do the seemingly endless options leave you overwhelmed and unsure of where to start? Well, fear not! In this article, we’ll dive deep into the…
With its convenient time zone, use of English, and feather-light regulations, London is considered the financial capital of the world, and the UK is easily the highest net exporter of financial services globally. When it comes to trading the financial…
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…
What is slippage in trading? Slippage is a hidden cost that is difficult to quantify. It’s the difference between a theoretical price and the price you get in real and live trading. What is slippage in trading? Slippage is the…
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…
Which time frame is best in trading? We believe the best time frame in trading is daily bars. Every time frame has its pros and cons, but we recommend being agnostic and open for any time frame. You simply have…
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…
