I also am going to add a review video of the previous weeks watch list in the future, also you will notice on this watch list i have begun to add part of my trading manual as an added feature this will cover the complete gambit of how to Daytrade here is the table of contents
DayTrader RockStars Guide to Day Trading for a Living.
Table of contents.
Chapter 1 Trading for a living.
A. Who should do it and who shouldn’t (Finding your rock)
B. Taking the plunge, what you need to start.
C. Brokers, software and tools of the trade.
D. Trading desk and hardware.
Chapter 2 how to find the best trade setups (the DTRS system).
A. Top-five indicators and how to combine them for the ultimate trade. The DTR as system.
1. Pivot points
2. Moving averages
3. Stochastics
4. Volume
5. Trendlines.
B. Best chart setups, daily and intraday.
C. RockStars 7 search criteria are for finding trades
D. Moving averages, and how to use them.
E. Market timing.
F. Momentum trades.
Chapter 3 Chart patterns and how to trade them
Projecting profit potential (measured moves)
Intraday chart patterns.
1. Ascending triangle
2. bull flag
3. Dip and consolidation
Daily chart patterns
1. Slanted W. pattern.
2. Inverted head and shoulders
3. 1234 pullback
4. triple bottom
5. inside day
6. rising and falling wedges
7. pivot point breakout
Chapter 4, the trading day
A. Premarket preparation
B. The day broken down 9:30 a.m. to 4 p.m..
C. How to make a watchlist
Chapter 5, The essentials Daytrader RockStars keys to success.
A. Revisit why we trade.
B. Easy to make hard to take (taking profits)
C. Leading the trade come to you
D. Patience
E. Discipline
F. Why you should cut losses
G. Stuck in a bad trade.
Chapter 6, trading as a business.
A. why incorporate and why not
B. pros and cons of incorporating.
C. How to set up your trading business.
Appendix resources.
Candlestick formations.
Scan formulas.
News websites.
Charting websites.
Free tools.
Economic calendar.
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