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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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Do you have Day Trading strategy yet?
Comment below, what's your strategy? "Hey, I know you haven't been trading for that long, but tell me — do you have a strategy yet? What's your go-to setup? Like, for example… when a stock’s been chopping in a range above VWAP, keeps hitting resistance, and then finally breaks it. Do you wait for the conditions you write down in your journal — like volume picking up, RSI(relative strength volume) above a certain number-for me 70 RSI and then the next 5-minute candle making a new high above the previous one? Think about your best winning trades and start building your strategy around those patterns. You know, the ones where you jump in and actually get to take profit without it turning on you."
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 Day Trading for Dummies
skool.com/savage-money-3039
Learn how to day trade and actually make money? I teach the basics of day trading, psychology journaling, when to get into a trade with confidence.
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