Trading Concept:
I am an equities day trader, who day trades swing trading ideas. In my trading I use technical, fundamental and quantitative tools to determine the direction of price and order flow. The market analysis in which I use to formulate my game plan for the trading day mainly evolves around my ability to determine the market environment. The market moves through cycles and determining where it is at any given moment in that cycle is critical to trading successfully.
My edge lies in recognizing the market environment and then recognizing the environment of the stocks in my list followed by picking the best stock setups that fit my trading system. I day trade and sometimes swing trade stocks from all the sectors and major industries, trading the sectors/stocks in play. I place preparation above any other trait a day trader should possess. I plan rigorously, taking all the elements that could move price into perspective. Doing my homework prior to the market open by at least 2 hours is crucial; once my game plan is formulated, I stick to it by trading nothing else. Discipline and preparation is what separates the professionals from the amateurs.
My objective is to continuously evolve through education by exploring all aspects of the financial markets and by pushing myself out of my comfort zone in all the aspects that are concerned with trading. This thread will serve as my personal journal of my journy where I will post my ideas prior to the NYSE/NASDAQ open, after the close or while the market is open. I will only trade stocks in my gameplan for the day that can be found at my blog here , I post my gameplan prior to the open at 9:30 EST. My other thread where I posted some of my ideas could be found here.
Everyone has their niche in the market, equities is mine. Everyone else daytrading equities or wishes to comment on my posts is welcome
I am an equities day trader, who day trades swing trading ideas. In my trading I use technical, fundamental and quantitative tools to determine the direction of price and order flow. The market analysis in which I use to formulate my game plan for the trading day mainly evolves around my ability to determine the market environment. The market moves through cycles and determining where it is at any given moment in that cycle is critical to trading successfully.
My edge lies in recognizing the market environment and then recognizing the environment of the stocks in my list followed by picking the best stock setups that fit my trading system. I day trade and sometimes swing trade stocks from all the sectors and major industries, trading the sectors/stocks in play. I place preparation above any other trait a day trader should possess. I plan rigorously, taking all the elements that could move price into perspective. Doing my homework prior to the market open by at least 2 hours is crucial; once my game plan is formulated, I stick to it by trading nothing else. Discipline and preparation is what separates the professionals from the amateurs.
My objective is to continuously evolve through education by exploring all aspects of the financial markets and by pushing myself out of my comfort zone in all the aspects that are concerned with trading. This thread will serve as my personal journal of my journy where I will post my ideas prior to the NYSE/NASDAQ open, after the close or while the market is open. I will only trade stocks in my gameplan for the day that can be found at my blog here , I post my gameplan prior to the open at 9:30 EST. My other thread where I posted some of my ideas could be found here.
Everyone has their niche in the market, equities is mine. Everyone else daytrading equities or wishes to comment on my posts is welcome