Tuesday, May 8, 2018

warrior trader: basics, how to become a day trader

EMA 9, 20, 200 EMA is better for day trade

Float = # to trade
Vol

Gap - news

Split
reverse split

1 to 2 ratio
2.00 loss 1.90 profit 2.20

10%

****active order - separate

1. strategy development (2 years) - matrix consistent profit in simulator
2.

only make money when stock moving
no over trade
quality setup

level of confidence for large size

under $10, news
get in and get out

lower stocks

plan => execute on paper account

***direct route - toll fee
*** hot key: in and out in seconds

do not use trailing stop
no mental stops unless deciplined

penny stock - under $3
do not trade stock under $1

delisted from Nasdaq (reverse split)

OTC markets (pink sheet) - never trade
OTCQX
OTCQB
Pink









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