Intra Day success with psychological approach

I am having 4 years direct experience so I like to share some points which I experienced in most of the winning trade... I think it may help friends....

1. First of all check out europian market closing, accordingly take decision.
2. Classify entire day into three phases. 9.15am -10am,10am -12.30pm and 12.30pm-3.30.
3. In first phase book profit/loss very first without hegitation(with fundamental common rules).
4. In phase 2 use stop loss trading and wait with patient.
5. In phase 3 follow point 3 with experience othewise avoid it.

My most of the winning trade came from point no 3. Wish u all the best...

Similar threads

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Are you a day trader?