This Stock Patterns For Day Trading The following describes the trading strategies used in professional stock traders’ own trading. These ideas are both from File Size 3.17 GB
Barry Rudd – Stock Patterns for Day Trading Home Study Course
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Stock Patterns For Day Trading Home Study Course, Barry Rudd & Matt Rudd 3 DVDs + 10 Hours of Level II quote screen tutorials
This Stock Patterns For Day Trading This article describes the trading strategies that a professional stock trader uses in his own trading. These ideas are based on the experiences of SOES traders and friends. This collection of trading patterns is one of the first complete.-Fledged books that provide instruction on day, swing, and short-term trading in stocks. The author’s intraday trend trading approach and his scalping method are both described in detail. He uses these setups every day in his trading. This course should be of great value to short term stock traders who are looking to make a living from short term price swings. It is a toolbox for Finding high-probability trades for Trade the stock market and you will achieve success. These technical ideas are based on the personality of the NASDAQ Market, but can also be applied in New York trades.
Download immediately Barry Rudd – Stock Patterns for Day Trading Home Study Course
VIDEO I (Introduction module)
Introduction to electronic access trading for Stock day traders
Overview of Investing, Swing Trading, Day Trading
The NYSE – structure of an “auction†Market
SuperDOT allows you to route orders to the NYSE
Specialist’s Role
The structure of NASDAQ Market
Order routing at NASDAQ
Understanding ECNs (Electronic Communications Networks).
Role of Market Makers
Basic terminology
Understanding the Level II quote window
The components of the basic screen layout for Your computer
What are price bars charts?
The daily bar chart
The intraday bar chart for 5 minutes
How to use the stock ticker
Management and order entry windows
Monitoring market indices
Candlestick charts
Summary
Level II quote screen tutorial
VIDEO II
Section on Introduction to Methodology (for tapes 2-6
Why use price bar charts for day trades
Overview: Scalping vs. intraday trading trend trading – overview
Find the trading style that best suits your personality
Before you enter a trade know your exit price
The “Wiggle†– a detailed explanation
How to determine the current level of wiggle for Every stock you trade
Create a computer screen layout for Your trading
Navigating your stock box, tickers, charts, stockbox, time and sales windows
Interpreting your tickers
Which indices are to be followed and why
The following can be used: “new high, new low†ticker
5 minute bar chart patterns
The dynamics of consolidation breakout pattern
Timing your entry with the Level II & time and sales to get the best entry price
Identifying breakout patterns in advance
As a substitute for a Level II window, “launching pad†for trade entry
VIDEO III
What constitutes consolidation? The three main criteria
Connect the bar chart price with the Level II quote screen
Interpreting the time and sales “prints†Level II quote movement is used to identify buying or selling pressure
The Bull’s Horn pattern on the 5 minute chart
Listening to the market and reacting – don’t force a trade
Intraday wedge design
Using the prior day’s intraday chart to enhance consolidation breakout trades
Support and Resistance in micro and daily time frames are a visual indicator for potential halting points
“Shotgun†Pattern on the 5 minute chart with ensuing volume inflow
“L†Pattern on the 5 Minute Bar Chart
Morning “Flashback†Headfake or headfake patterns
Computer screen examples of 5 minute bar charts patterns
Wide Range Day Extreme Close – Daily bar chart setup
Wide Range Day with slight gap outside, slight gap inside, the opening even with prior day’s close, and the big gap open
Trading Micro support and resistance zones available on a wide range of days
Large price gaps are played on the daily bar chart
VIDEO IV
More information on large gap openings in the daily bar chart
Computer screen examples from a wide variety of day setups
Reversal setups for the daily bar charts
Intraday (5 minute Bar Chart) dynamics of the Reversal set-up
How to enter and exit a reverse trade
Take a look at your daily charts and create a hit-Liste for The next trading session
Alternative entry to intraday consolidation breakout
The dangers of “randomly†Interday price swings can be analyzed to determine the tops or bottoms
Variation on the first wiggle to reduce losses on losing trades
Daily congestion breakout plays — more stocks for The morning hit-Liste
Computer screen examples for the Reversal setup
Profit Targets – Stopping points that could prevent a trade from being closed:
1. Daily price support and resistance
2. Retracement of a Wide Range Day
3. Target profit in reversal
4. 50 & 200 day simple moving averages
5. The closing of a gap in price on the daily charts
6. Intraday chart shows price spike
7. Significant reversal in the direction of market indexes intraday
Filters – filtering the best day trades
1. Too near a profit target
2. Avoid trading stocks during daily congestion
3. The cyclical nature of a stock’s “trader friendly†Mode
4. Significance of the stock’s typical daily range
Computer screen examples of profit targets or filters
Summary – Tying together all of the trading analysis
Trade checklist – 14 step flowchart for High-probability trade evaluation, trading and management
VIDEO V
Download immediately Barry Rudd – Stock Patterns for Day Trading Home Study Course
Fading (counter-trend trading) techniques are not based on random picking of tops and bottoms. Instead, they are based on specific criteria.
Profit target reactions
“Taggingâ€
“Big Stack and a Rainbowâ€
NASDAQ Level II Quote Screen – A deeper understanding
To assess the risk of a stock, we use four key factors
1. Spread of bid/ask
2. Number of Market Makers and ECNs for each price level
3. Number of shares posted each Market Maker and ECN
4. The price difference between each “price levelâ€
How a Market Maker can be the market maker “ax†Or “hammer†In a stock
Relative Strength – intraday and daily – is one of the most important factors in your trading decisions
Market Indices – The trend vs. its immediate direction on a 5 minute chart
Micro support and resistance to the indices
Market index behavior typical – Morning move, mid-Day and afternoon moves
VIDEO VI
Examples of relative strength from computer screen index
Time of day – how to find the best times to trade (and which ones to avoid).
How to choose the right stocks to trade – which stocks should you trade?
Trade analysis – trading as an enterprise
Management of your trading rather than just managing a trade
Money management – A three-step process to reduce risk and lock profits
News trades and IPOs
Scaling profitably – be aware of the pitfalls
Trading is an art
Some footage of “live tradingâ€
The “Stock Patterns for Day Trading Home Study Course†Retail price: $495. Training seminar: $3,000. This is how it works: Course were Sold out at the author’s website.
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Here’s What You Will Get in Barry Rudd – Stock Patterns for Day Trading Home Study Course