how do you day trade?

Discussion in 'Trading' started by chipmunk, Sep 9, 2008.

  1. I watch the level II and time and sales and the 5 minute chart. Must get confirmation on all 3 before entering. I also watch the S&P futures.
     
    #11     Sep 9, 2008
  2. NY_HOOD

    NY_HOOD

    i watch individual stocks that are moving whether it be news based,technical,ect... i then look for resistance and support levels and play it like that. works well just have to watch those fake breakouts.
     
    #12     Sep 9, 2008
  3. Yes, those fake breakouts can lead to even better moves to the opposite sides.
     
    #13     Sep 9, 2008