Get Now Simpler Trading – Raghee’s New Day Trading Playbook BASIC. Cheap…
Find out why Raghee believes that trading should take place within the first 2-hour “morning pattern”
Comparing day trading to other timeframes is like comparing apples to oranges. It has the ability to yield the fastest rewards but also has the risk of overtrading, which might wipe any gains. In fact, the P&L of the majority of day traders resembles a roller coaster rather than a steady ascent.
Too many people believe that in order to produce reliable results, they must spend their days in front of a screen.
But that’s not the case… Why? Every hour of the day is not created equally.
Take a look at this NQ transaction, for instance.