10 Laws of Daytrading – eBook

10 Laws of Daytrading

  1. Go “Top Down” for best results (wind in your back)
  2. Use market internals to gauge the markets real strength and direction
  3. Know your sectors
  4. Relative Strength is the key
  5. The Pattern is the Last Thing
  6. Stay away from the “Cheapies”
  7. Always Include Volume in Every Analysis
  8. “How Much Can I Lose?”
  9. Use Hard Physical Stops (the shorter the holding period the harder the stop)
  10. Keep a Journal of Trades

– by Peter Reznicek of ShadowTrader.net

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