Charting, indicators, trade times

Discussion in 'Trading' started by 7rader, May 24, 2008.

  1. 7rader


    Hi I am fairly new to day trading and i had a few questions to ask the verterans.

    1) I was wondering what timeframe of charting do you use?

    2) any specific must have indicators to help you before getting in a trade

    3)how long is your average day trade?( 30sec, 1 min, 5 mins, ect)

    4) how should you determine what size winners to go for? 2-3 cents, 10-20 cents or more?

    thanks for any input it will be much appreciated.
  2. You will have to answer those questions for yourself based on your own temperament for risk and information processing capacity. What "works" for somebody else may be poisonous to you.