A Simple Day Trading Strategy/PRB



In this video we discuss a very simple day trading strategy for beginner traders. If you have any questions make sure to post them in the comments or contact us @ tannerstrading@gmail.com. Interested in learning how to swing trade stocks? Visit http://MyTradingSchool.com

Comments

  1. Which strategy is better, ORB or PRB
  2. I'd be curious to know what indicators you use to FIND the stocks wherewith you then apply your analysis☺
  3. Again good information. Should I set a sell limit on the price target I want (e.g 10 or 20 cents from entry) or can I just move my stop loss up and in that way making sure of more profit when the stocks keep running.
  4. Could you apply this to a monthly time interval? For example, using the previous month's high and low price as the range.
  5. Do you trade particular sectors or just certain stocks with a large cap? Do you trade stocks under $10? I'm curious to know what your limits and choice of trading are.
  6. great video, like 😊
  7. The only thing in the trader's favor is the entry, exit and escape rules. One cannot make a stock rise and moreover, continue to rise. In retrospect, one can be the greatest teacher when a favorable chart is displayed. This is the difference between a live session and teachy-teachy charts.
  8. Wedge, AAPL, 9:55, Nothing more mate
  9. What about after-market/pre-market? In other words...say you were ascertaining a one-day range for the day of my post, 6/27/16, as research for making a trade on the next day, 6/28/16.

    1) Does the range include just open/close 9:30 am EST - 4:00pm EST?

    2) OR...would it also include any after hours market activity? In other words...would it include any activity between 4:01pm 6/27 - 9:29am 6/28?

    As a point of reference, I am trading small on Robinhood so may only buy long.

    If the answer is #1, would a buy be immediately triggered if the stock opened (9:30am) above previous day's high? What if the open was significantly higher?

    I just noticed that there can be A LOT of movement after hours, and I just wanted some clarification on how that would affect this strategy.

    I realize I may not be following something correctly and I appreciate your input.
  10. Really good video bro!
  11. BUY 1240 clear cup ( very flat) and handle breakout pattern with a wide range candle at the right side - that's momentum. IF there was a volume indicator below or ADX one would have definitely seen a spike. Either ways, breaks the previous days high, cup pattern (ascending triangle too) EASY BUY!


Additional Information:

Visibility: 21878

Duration: 16m 3s

Rating: 155