Recent content by TradeCrushers

1. Just pure, unadulterated price action and order flow - the only two things you need to understand to predict a stock's (or any instrument's) movements. 2. Usually trade the entire trading day, although the middle of the day is usually very uneventful and I will occasionally take the...

I agree with the advice given so far to stick to one market and trade multiple strategies in that market. That's one of the reasons why I day trade stocks as opposed to forex or futures - I'd rather have thousands of potential stocks to choose from instead of less than 20 in the case of futures...

I've never read any decent printed literature about scalping based off of order flow. I think you're better off looking on the web as compared to books.

Not only have I never found any use for stochastics, but I can't think of another trader on my trading floor who uses them. Stochastics, like all indicators pretty much, are just derivatives of pure price action. Once you learn how to read price action, you'll have no need for indicators and...

I think in the quest for a scientific trading strategy, what you're really doing is trying to reduce something inherently complex and ever-changing (market activity) to a set of robotic entry and exit criteria. Strict rules-based strategies (and the traders who blindly follow them) are doomed...

My stop losses change depending on the trade and the rationale for entering it. Static stop losses that never change from trade to trade should be avoided.

Hey, I prefer stocks that do at least 50,000 shares average daily trading volume and at least a 50 cent intraday range. I'm looking for stocks with large 15-minute price ranges as well for scalps as I want to be in and out quickly, which is also why I avoid low-volume stocks for scalping. I...