Mar 29 • Trading Strategy
Day trading: How to spot the trend
If you are just getting started trading, the first thing to learn is how to find the trend, and why a stock price is moving up or down.
Trend Confirmation:
The trend is your friend. Keep it simple.
If price is making higher highs and higher lows, it’s going up. That’s your signal for continuation.
HHHL = buyers are in control.
Avoid stocks that:Hit HOD and reversed hard.
Broke trend structureFailed to make new highs
If it’s not making new highs, it’s weak. Period.
Prioritize stocks that keep pushing higher toward previous levels on the chart.
Uptrend = buy dips
Downtrend = short pops
No trend = no trade
Do you wait for confirmation, or are you jumping in before the trend is clear?
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Day trading: How to spot the trend
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