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Day Trading: Most Important Info for a Short Term Trader? ๐
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What's the most important information for a short term trader? http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! So you're day trading... What are the secrets in day trading in the stock market? When you're short term trading you are trying to make decisions on the future direction of a market over a short-time frame - that could minutes, hours, end of the day..etc . There are two things we need to pay attention to when day trading.
The Prior Action - as a trader we need to identify what is important. What happened 5 days ago is irrelevant for a very short-term trader - what is relevant what's happened say, yesterday. What is relevant here is the high and low of the prior day and the support and resistance levels.
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