Wednesday, January 2, 2008

THE 5 MOST IMPORTANT INDICATORS FOR PROFITABLE DAY TRADING

Here are the most important day trading tools that will greatly increase your hit rate on trades as well as increase your profit per trade.

These tools are ideal for the conservative day trader that is very discriminating about the trades that are put into place.

These tools will help to keep you on the path of least resistance and really help you to trade with the true underlying currents of the market.

DO NOT DISREGARD THESE TOOLS BECAUSE OF THEIR SIMPLE NATURE AND THEY ARE EXTREMELY SIMPLE. It typically are the simple tools that work so well time after time after time.

Some of these tools will keep you in a position for much of the trading day, while some may only keep you in for a quick hit of 2 1/2 points or more in a period typically under 5 minutes.

These quick hit trades are the ones that I really leverage to the fullest and keep a very close stop loss as well. The quick hit trades are very short lived, but offer a very high success rate.

I will cover each of the tools in their own separate module, with the first module being published tomorrow.

There are no secrets here, as whatever tools I use successfully I will be more than happy to share.

So look for the first module after the close tomorrow and have your printer ready.
These are going to be applications you will want to study and look back at previous market sessions to see them in action.

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