So You Want To Be A Day Trader?
I'm going to make a few posts with tips on how to day and swing trade.
Today's tip: Create your sell limits, before you even purchase the asset. That way, you know exactly where you're exiting. The exit strategy is key. If you need to make a stop-limit to reduce the chances of major losses then so be it.
I'm sharing direct access to some of my personal trades today. This is not something most traders would ever do. This information is usually kept secret to the public but I'm feeling generous today. Notice how I've already got my sell orders lined up? Exit strategy is key. I might not always get the very top of the candles but I get pretty damn close.
Cheers,
@clayford08
Do you have an automated system to find the stocks for your setups?
Great question. I know many traders that do use bots that are really successful. Me personally, I do not. I like to think fast and make my own trades.
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