In this video I am going to show how I day trade every day and make money doing it. I am going to describe what is going through my mind and hopefully this video will help you to improve your trading.
Date of trading March 2 2021.
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The best way to became consistantly profitable is to learn to read the chart in its purest form. There is no holy grail or set of indicators that can make you rich without work. Learning to understand how prices move and why they move is a learnable skill that anyone can achieve.
OUR PRICE ACTIONS RULES WORK IN EVERY MARKET AND EVERY TIMEFRIME.
Priceaction is universal and technical analysis patterns repeat over and over again on consistent basis.
In this video you will get a grasp of:
How to draw trendlines
Technical analysis of sp500
What are second entries
How to trade trading ranges
How to use moving average
Trading with a fear is the most common fear most trade have. It is crippling and can get your mind frozen. The key to consistancy is to be emotionless and fear nothing in trading.
Money Management
Target Profit - 10 Ticks
Stop Loss - below signal bar (around 10 ticks)
Overall market context is more important than individual patterns.
Technial analysis works and it repeats over and over.
#LiveTrading #TechnicalAnalysis #PriceActionTrading
