To start ... easy, I would say.hey guys is it really hard to start trading or no?
It is not hard to start trading. You just need to put the time and effort in it to learn how to read the market. How fast you learn depends per person. You also need to learn from the right sources. I recommend ICT concepts. He will teach you how to trade like the algoritm. Cheershey guys is it really hard to start trading or no?
Hi - I haven't traded the Nasdaq for a long time and even way back then I never daytraded it. But I am currently using it for opening range breakouts.Hi, I'm WallStFoxy, I trade the Nasdaq but follow other assets like WTI, EUR/USD, Dax and of course S&P 500 & Dow Jones. I use ProRealTime charts and love them. So any ideas on the best thread?
I use a strategy I call smart trading, basically a series of moving averages to define trends but yes breakouts are used to a degree and time of day.Hi - I haven't traded the Nasdaq for a long time and even way back then I never daytraded it. But I am currently using it for opening range breakouts.
So far so good, and recent intraday chart history suggests this should work as well as anything else. Is this something you include as a Nasdaq strategy?
Why did you stop trading the Nasdaq?Sounds like a classic approach. Nothing wrong with that.
Mainly I got into trading forex on the D1 time-frame and found that using my D1 strategies on the Nasdaq, the entry to stop-loss distance was just going to be so great on the Nasdaq that the risk would always exceed my very small capital risk limit. It was perhaps just the broker I was using - they would not permit very small position sizes on the Nasdaq. I'm with a new broker now anyway and so it's an opportunity for trying different approaches.Why did you stop trading the Nasdaq?
I understand what you're saying, it took me years to find the answer. It looks so easy on D1 to buy and hold or sell and hold for months sometimes but when you do things change and with D1 the risk is so high. I've said to many people that you can't place short-term trades on long-term charts over the years.Mainly I got into trading forex on the D1 time-frame and found that using my D1 strategies on the Nasdaq, the entry to stop-loss distance was just going to be so great on the Nasdaq that the risk would always exceed my very small capital risk limit. It was perhaps just the broker I was using - they would not permit very small position sizes on the Nasdaq. I'm with a new broker now anyway and so it's an opportunity for trying different approaches.