New to daytrading

Discussion in 'Professional Trading' started by lordoftrades, Dec 2, 2013.

  1. Hello

    I would like to hear from those of you that trades active every day.

    Do you prefer technical analysis, like bollinger bands, moving averages, RSI etc?

    Or do you go for a quantitative and statistical approach?

    I'm no expert, but I have been using some technical analysis on longer terms, and wonder if I can use those on daily basis too?

    What stocks do you prefer?

    Kind regards
    Espen
     
  2. WD40

    WD40

    It is not too late to stop now and avoid going into a life of monitor slavery.
    At the best of times, you will be earning less than minimum wage per hour.
    Don't ask about the worst of times.
     
  3. 1) Difficulty on that other guy's part doesn't mean impossibility on your part. :D
    2) You have to be willing to learn "everything about everything" soon and then get rid of what's useless. :)
    3) When you shorten your time horizon, you have to be able to identify and act quicker compared to longer time frames. :cool:
     
  4. Thanks nazzdack

    Do you daytrade?
     
  5. +1
     
  6. WD40

    WD40

    Don't you love snap back reality check like this ??? LOL