How To Day Trade (Part 4) “Live Trading Example”
Check out my free trading course at - http://www.chrisdunn.com/how-to-day-trade/
In this video I want to give you an insight into what a rules-based trading strategy looks like.
Notice how there's no guessing or chasing the market; It's just methodical and emotionless from entry to exit. My main goal with this video is to show you what a REAL trading strategy looks like, and how to think ahead of the market.
So many "gurus" focus on hindsight trading, which is always 20/20. I want to help you to start thinking like a professional trader - which is similar to the way a chess player thinks - 2 or 3 steps ahead of your opponent.
On this chart, you'll notice:
Clear rules for finding market direction (longs vs. shorts)
Clearly identified trade setups and entry areas
Pre-defined profit targets and price areas
Trading is not about indicators, fancy colors, or subjectively "reading the market". The only thing that matters is if you have a strategy that can be fully tested to find stats like anticipated win ratios, profit factors, average time in trade, and many other important factors.
If you want to day trade in a few hours a day, then I encourage you to visit the E-mini Trading Academy, where we provide education and strategies for day traders.
Our live trading room is not about making you dependent on someone else "calling trades". We want you to be able to anticipate a setup before it occurs, instead of chasing someone else's trading decisions. After all, no professional trader follows someone else.
Check out my free trading course at - http://www.chrisdunn.com/how-to-day-trade/
Check out my free trading course at – http://www.chrisdunn.com/how-to-day-trade/
In this video I want to give you an insight into what a rules-based trading strategy looks like.
Notice how there’s no guessing or chasing the market; It’s just methodical and emotionless from entry to exit. My main goal with this video is to show you what a REAL trading strategy looks like, and how to think ahead of the market.
So many “gurus” focus on hindsight trading, which is always 20/20. I want to help you to start thinking like a professional trader – which is similar to the way a chess player thinks – 2 or 3 steps ahead of your opponent.
On this chart, you’ll notice:
Clear rules for finding market direction (longs vs. shorts)
Clearly identified trade setups and entry areas
Pre-defined profit targets and price areas
Trading is not about indicators, fancy colors, or subjectively “reading the market”. The only thing that matters is if you have a strategy that can be fully tested to find stats like anticipated win ratios, profit factors, average time in trade, and many other important factors.
If you want to day trade in a few hours a day, then I encourage you to visit the E-mini Trading Academy, where we provide education and strategies for day traders.
Our live trading room is not about making you dependent on someone else “calling trades”. We want you to be able to anticipate a setup before it occurs, instead of chasing someone else’s trading decisions. After all, no professional trader follows someone else.
Check out my free trading course at – http://www.chrisdunn.com/how-to-day-trade/
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