This trading plan outlines a day trading strategy that uses technical analysis to identify momentum and price action signals for entering and exiting trades on a daily holding period. Stocks are selected based on being above a pivot point, with take profits targeted at the next pivot point and stop losses placed below the current pivot point. Position sizing is medium and bailouts occur if CPR or pivot levels are breached.
This trading plan outlines a day trading strategy that uses technical analysis to identify momentum and price action signals for entering and exiting trades on a daily holding period. Stocks are selected based on being above a pivot point, with take profits targeted at the next pivot point and stop losses placed below the current pivot point. Position sizing is medium and bailouts occur if CPR or pivot levels are breached.
This trading plan outlines a day trading strategy that uses technical analysis to identify momentum and price action signals for entering and exiting trades on a daily holding period. Stocks are selected based on being above a pivot point, with take profits targeted at the next pivot point and stop losses placed below the current pivot point. Position sizing is medium and bailouts occur if CPR or pivot levels are breached.