You’re looking for that exact answer. You want me to say, “it’s the 10 minute timeframe,” but it’s not that easy. It depends on what kind of a system you are trading. After you’ve defined that, the right timeframe becomes obvious.For example, if your trading a system that doesn’t seem to care about the price [...]
Archive for December, 2008
Learn How to Become a Profitable Day Trader
December 11th, 2008 
admin Day trading is quite simple to understand in a sense. But in another way it is very difficult to apply the rules in a way that will make you a success as a profitable day trader.Basically speaking the idea is to buy something – such as shares or stocks in another company for example – [...]
Support and Resistance Technical Analysis and Day Trading
December 9th, 2008 admin Let’s start with a definition of support and resistance. Support is an area of accumulation where the price of the stock is cheap enough so that people buy more (accumulate more) of the stock. Resistance is an area of distribution where the stock is at a price that traders deem to be too expensive or [...]
Posted in Investing 
Tags: Momentum Trading, Potential Market, Resistance Line, Six Weeks, Support And Resistance, Time Frame 
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