Day-Trading 2.0 for small traders

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1) Price below the slow WMA.

2) Fast WMA turns red.

3) Pull trigger.

4) Collect profit.

Easy as 1, 2, 3, 4!
 
Every newbie asking for help should be directed to this thread. I've always hated manual trading, too stressful and mistake prone, this is the first idea I've ever seen that I can trade manually. Probably I'm doing it differently than some have outlined in this thread, I just tossed some EMA's up on a chart and adjusted them all until they looked useful and developed an entry signal and a bracket order...
 
"a. Identify the time and you are done for the day within 30-60min. meaning stop trying to catch every single move during a day, doing that will reduce a lot the probabilities of placing good trades. In terms of direction: we only need to find the direction of these 30 or 60 minutes no more!!!"

I like to use analogies. Sometimes, I compare trading to hunting or fishing.

When you go hunting, you can either try to track an animal all over the woods or you can identify an area where the animal is most likely to visit, like a watering hole.

If you sit and wait for the price to arrive at a location that gives you a high probability win, then all you need is one good trade AND YOU ARE DONE FOR THE DAY.

When you hunt big game, all you need is one. Not to many people want to carry out more than one moose or elk!!
 
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