This week dollar spotter trading!
Tuesday, January 5, 2021
Tuesday, October 20, 2020
PLACS Trades
Trading the stock market needs a lot of understanding, and trading books, imitating great traders won't do any help to make money.
One needs a lot of understanding how the markets works, and how you approach the market.
Takes time, 10k hours to master any craft, and trading the market needs more than 10k hours of learning and losing.
Below is one where to have an idea how to approach the market as a 'replacs', where you don't need to engage in making big moves, just a fraction of the market movement will do.
Monday, August 3, 2020
Friday, July 10, 2020
Friday, July 3, 2020
Dollar Spotter - Stocks To Trade
Below are lists with promising gain for next trading week based from Dollar Spotter criteria.
Sunday, June 28, 2020
Dollar Spotter - Stocks To Trade
Below are list of stocks with promising short term gain based from my stock selection criteria called "Dollar Spotter".
How To Do Day Trade
There lots of ways to do day trading, and the strategy below is one of the ways to conduct.
Trade in between is one of the surest way to make a positive outcome, but doing so is to have patience in waiting, looking for the right entry, and recognizing a pattern.
Pattern recognition is one of the advantage how to spot if there is a probability to place a trade, takes time to learn, but if you really want to participate in the market, it's one of the steps to study and to learn.
Other than that is to read the minds of the market, watch the tape, the price movement at a given time, the support and resistance, where the chart formation takes place. Also takes time to learn, but that is where the right price to enter and exit.
Also, the market environment during the day, if there is market moving indicator that is schedule for the day, if it is right to get involve or not. Cannot trade the market all the time, be selective with the day and time to make a trade. If the bars are moving fast and the tails are long, might as well wait for the market to settle. Wait for the small bar(s) in consolidation, that is where to determine where there is probable breakout or breakdown.
Below is a chart as a reference to make a trade.
Trade in between is one of the surest way to make a positive outcome, but doing so is to have patience in waiting, looking for the right entry, and recognizing a pattern.
Pattern recognition is one of the advantage how to spot if there is a probability to place a trade, takes time to learn, but if you really want to participate in the market, it's one of the steps to study and to learn.
Other than that is to read the minds of the market, watch the tape, the price movement at a given time, the support and resistance, where the chart formation takes place. Also takes time to learn, but that is where the right price to enter and exit.
Also, the market environment during the day, if there is market moving indicator that is schedule for the day, if it is right to get involve or not. Cannot trade the market all the time, be selective with the day and time to make a trade. If the bars are moving fast and the tails are long, might as well wait for the market to settle. Wait for the small bar(s) in consolidation, that is where to determine where there is probable breakout or breakdown.
Below is a chart as a reference to make a trade.
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