Day trading strategies!!

HeeraThakur

Newbie
7 0
Anyone interested in talking about different trading strategies that you use that are profitable for you. I'm willing to share mine. Just curious to find how other traders approach the market and possibly find other strategies to add to my toolbox. To all the trolls, don't respond that your not going to give away your "holy grail" strategy! I just want to have a good discussion where we can all profit from the topic
 
Last edited by a moderator:

tomorton

Legendary member
7,287 974
Welcome. I don't normally trade intra-day but I was interested in this Youtube forex "scalping" strategy - its simple, TA-based, rational, objective, based on longer time-frame trend-following - all things I like. I think it looks good, I'd be happy to see others comment on it -

 

tomorton

Legendary member
7,287 974
I'm running a trial of this strategy on a selection of the major forex pairs and results are promising this time. I'm using a simple trailing stop-loss from the entry, and no TP, otherwise I'm following the recipe.

An annoying issue is that I can't see any key to tell me a particular day is going to be a bust. So it either makes money or it loses money but nothing apart from the trade outcomes tells me which it is. I have found that if I have run up a total loss equivalent to 3 x initial trade risk I can rarely trade back to b/e on the day, so better to stop for the day.
 

Similar threads


AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock