Part II
Day Trader Josh's Intra-Day Trading Methodology

Chapter 1: Basic Procedure

  • Picking stocks priced from $100 to $250
  • Taking consistent profits of 15 cents per 100 shares
  • Practice with stop-loss safeguards: max loss $3

Chapter 2: Prior Price Levels and Newly Forming Intra-Day Levels

  • General framework to intra-day strategy
  • Basic charting: using one-minute candlesticks
  • The prior price levels: three definite S/R levels
  • Basic rules and procedures for acquiring daily price levels
  • Logging levels on whiteboard prior to opening bell
  • Recognizing newly forming intra-day support/resistance

Chapter 3: Intra-Day Golden Rules: Entry/Exit Setups

  • Golden Rules for intra-day trading: application
  • Three-tier max strategy: 100-share block trades
  • Fifteen-cent max static profits
  • Framework: entry and exit strategy step-by-step procedures and guidelines
  • Intra-day trading risk: strategy stop-loss

Chapter 4: The Mechanics of FASTKEY Order Execution

  • Using your keyboard keys for rapid order execution
  • Placing orders directly from Level 2 quote chart (direct access)
  • Executing real-time trades (manual limit orders)
  • Back-testing: both real-time and end-of-day trades
..................Content has been hidden....................

You can't read the all page of ebook, please click here login for view all page.
Reset
3.129.13.201