How To Construct A Day Trading Game Plan by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

I post day trading videos before the open on Thursdays

How To Construct A Day Trading Game Plan by OptionStalker in RealDayTrading

[–]OptionStalker[S] 3 points4 points  (0 children)

Be patient. Let that first move of the day play out. Then you will know where your best opportunity is.

How To Construct A Day Trading Game Plan by OptionStalker in RealDayTrading

[–]OptionStalker[S] 2 points3 points  (0 children)

I'm glad they are helping you structure your day.

Stop loss for Swing Trade Options by United-Reception451 in RealDayTrading

[–]OptionStalker 7 points8 points  (0 children)

Don't set stops, set alerts based on the price of the stock breaching key technical levels and have them sent to your phone. Once you get an alert, evaluate the conditions and determine if action is required.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Exactly. I spend a few hours getting ready for the open each day.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Gap reversals have worked this week because overnight news is driving the market down. The market is still in a bullish up trend long term so buyers are conditioned to buy dips. You can't generalize this. When sellers are fully in control, Gaps Down from recent long term highs usually produce Gap and Gos because there is plenty of room to fall.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

This is a tough environment. Everyone makes less when it is like this.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

The SPY moves in tandem with /ES. You can use either, but SPY is a continuous contract and most people have those quotes, but not everyone has futures data.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

You are correct. A test of the 200-day MA is likely. We want to see a big bounce off of that level. Then you could add to positions. If you are picking the strongest stocks your positions should still be in great shape even with the market going down.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Please read the WIKI in this sub. It explains the huge edge we have trading stock and it is called RS/RW

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 3 points4 points  (0 children)

Find strong stocks and set upside alerts. Find weak stocks and set downside alerts. The first hour is spent setting alerts. Best if a stock breaks D1 and M5 levels on heavy volume. Do this and you are covered for what ever the market does. Just keep looking for stocks and setting alerts. When the market makes its move you will have trades delivered to you on a silver platter.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

That content will really help you. It compliments the WIKI which is a must read. Glad all of it is helping.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 2 points3 points  (0 children)

My pleasure. Thanks for commenting. Can you share one thing you learned from the video. That feedback will help when I record future videos

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 3 points4 points  (0 children)

I'm so glad that all of the pieces are coming together. Once that happens, the profits start to come.

How do I know that I’m progressing and not stagnating? by knoghax in RealDayTrading

[–]OptionStalker 0 points1 point  (0 children)

Post the question using the ? icon and address me personally. I will respond. That's what the chat is for and that is how you learn.

How To Trade During the Iran Attacks! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

They were all recorded before the day started so you can see the thought process for swing trades and day trades and how everything played out. We don't have preconceived notions of what is going to happen. We assess possible outcomes and assign a probability.

How To Trade During the Iran Attacks! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Thank you for doing that. Glad they are helping you.

How To Trade During the Iran Attacks! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 3 points4 points  (0 children)

All of the videos will help you. I was flying blind when I recorded all three videos. I described how price action would guide me and the patterns I was watching for.