Day Trading Technical Analysis in the stock market

Sure, it’s a classical setup, the 50, 100 and 200 EMA’s. Most of the times they are very helpful because with other confirmations of direction they help with trade entries.
 
qlai said:
I am curious why you are not trying to get funded by the likes of tradenet or ifundtraders? Is the initial fee still too large?
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It’s probably because of rules that they make you follow and because you can’t trade what ever you want. I tried trader2b.com they have a specific list of tradable stocks. My successful strategy consists of trading what’s moving at the current time, with trader2b I can only trade what they allow you to trade and not what you want to trade, this means more complications and more limiting my ability of what already works! They are good for some traders, not all!
 
Arkasha said:
It’s probably because of rules that they make you follow and because you can’t trade what ever you want.
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Precisely ... No one will give you money to trade whatever the hell you want however you want ... Must be liquid assets and scalable strategy ... Idea is not to help you make a living trading, but to make above average return on a risky investment. I give you 30k at 50/50 split and then this happens? I don't think so!


Please understand, I am not trying to knock you down, just it seems you are not being realistic about funding ... Your trading seems to be fine, so please keep going.
 
I have seen this video already and the person who’s talking, he has a specific strategy where he adds a lot to his position while being in the trade already, if he's wrong he will loose a lot just like in this video. This is not my strategy. I enter the trade with specific amount of shares and I get of it when I’m done, that’s it, I do not add to a loosing position, I will come back and trade the same stock again on a diffident precursor, but, if it’s a loosing stock, I don’t see how I can continue trading it and loose this much, although I won’t put it past me anything is possible in trading!!!
 
You are missing my point ... You can do whatever you want with your money, but to get funded, you need trade within constrains. Anyway, I don't want to be a distraction, hope you get where you are going with it.
 
SBGI just showed its hand. Price action came down to retest a trend line, price found support there with significant candlesticks that show the way! As soon as price bounced of the support trend line, I waited for price action to break the previous peek, and executed a buy trade! Waited for the break out and took the profit!

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First trade of the day was AMD, I seen a small break out getting ready to happen, the low was being taken out, it was a quick scalp trade.

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