Scalping
My journey in day trading continues. After getting wrecked bad a few days ago I recollected myself and went at it again.
I studied the different indicators and have the following on my screen; VWAP, Volume, AD, MACD, and RSI.
I stare at the chart all day and watch for a moment when most of the indicators are in my favor.
I spring a net out via a scaling limit order and watch my long/shorts fall in one after another. Then I proceed to trade them out and make pocket changes in profits.
I learned this is called scalping. I find this strategy less risky but for now I will go with this for I’m planning to do this as a marathon, not a sprint.
Scalping
My journey in day trading continues. After getting wrecked bad a few days ago I recollected myself and went at it again.
I studied the different indicators and have the following on my screen; VWAP, Volume, AD, MACD, and RSI.
I stare at the chart all day and watch for a moment when most of the indicators are in my favor.
I spring a net out via a scaling limit order and watch my long/shorts fall in one after another. Then I proceed to trade them out and make pocket changes in profits.
I learned this is called scalping. I find this strategy less risky but for now I will go with this for I’m planning to do this as a marathon, not a sprint.
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