I receive this question a lot: “What’s the best interval for day trading charts?” In today’s video I not only answer that, but give, what may be to some, a very surprising answer: Don’t use intervals of ANY minutes!
Duration : 0:10:19
I receive this question a lot: “What’s the best interval for day trading charts?” In today’s video I not only answer that, but give, what may be to some, a very surprising answer: Don’t use intervals of ANY minutes!
Duration : 0:10:19
December 30th, 2009 at 7:40 am
i must disagree im …
i must disagree im a day trader and i pull 3%~10% weekly with max drw down -4%(I have been trading for 3 years). Ofcourse i trade 1:5, 1 hr charts move for the whole day@kebl0826
December 30th, 2009 at 7:40 am
get this system
…
get this system
pipsexpressdotblogspotdotcom/
December 30th, 2009 at 7:40 am
your an idiot. you …
your an idiot. you have no idea what your talking about. my colleague generated 2.5m TRADING the markets these past 6 months so take your piker and read another warren buffet book. and btw the markets HFT is based on tech analysis and so charts are more so important today then they ever were. there are no rich daytraders, no. there are those who overcome the adverse and then there’s you.
December 30th, 2009 at 7:40 am
I disagree. The …
I disagree. The best interval for trading US equities is the weekly chart but thats for me and not you. If you want to make money and want to learn listen to Barry. Good Luck and take care.
December 30th, 2009 at 7:40 am
Nice Post mate
…
Check out my channel, Ill try to become Millionaire in one year by Daytading and post dayly updates.
Nice Post mate
Regards,
Daytrademillionaire
December 30th, 2009 at 7:40 am
free forex signals …
free forex signals
todaymarketsignalsdotblogspotdotcom
December 30th, 2009 at 7:40 am
free forex signals …
free forex signals
todaymarketsignalsdotblogspotdotcom
December 30th, 2009 at 7:40 am
actually friend it …
actually friend it is a lot easier than it looks. it’s just that Wall Street thugs hope you think it’s difficult.
good luck, and by the way luck has nothing to do with the trade
December 30th, 2009 at 7:40 am
I couldn’t agree …
I couldn’t agree more. Day Trading sucks! 99% of day traders are losers
December 30th, 2009 at 7:40 am
“Investing is about …
“Investing is about investing in a solid business.”
Like Lehman Bros., Citibank, GM, Enron, Fannie and Freddie and the very solid Bernie Madoff. Fundamentals–schmundamentals.
December 30th, 2009 at 7:40 am
Hillarious. While …
Hillarious. While all you moronic chart looking, day tradering, waste of useless time daytraders are in and out of markets like morphine addicts, I bought the most boring stock on the stock exchange in 6 months ago, scotts miracle grow (SMG) and more than doubled my money. I bought 2 stocks with my whole account, WYNN and SMG when the market collapsed, and my account is up 130%. I made about 350 grand. So how much have you day traders made?? You guys are wasting your time.
December 30th, 2009 at 7:40 am
Dont all of you …
Dont all of you idiots understand that charts are pretty much useless. Even if they worked slightly, or even more than slightly, after all the commissions you pay and short term cap gains taxes(if you have any) your back to square one. Investing is about investing in a solid business. Charts are totally useless because even if you are right, psychologically people always shake out even though their stop isnt hit. Its useless. There are no rich daytraders. Wake up people.
December 30th, 2009 at 7:40 am
Thanks for sharing …
Thanks for sharing this with us–do you ever use minute charts or strictly ticks?
December 30th, 2009 at 7:40 am
Outstanding! I’m …
Outstanding! I’m making so much more money in tight trading ranges.
December 30th, 2009 at 7:40 am
I think 8 & 13 …
I think 8 & 13 moving avrage interception and 50 moving avrage and 50 exp. Avrage interception would be ideal for day trading (with MACD indicator)
December 30th, 2009 at 7:40 am
terrific video – …
terrific video – took me a couple months to figure some of that out for myself
December 30th, 2009 at 7:40 am
silly
silly
December 30th, 2009 at 7:40 am
.25 on es = $12.50
.25 on es = $12.50
December 30th, 2009 at 7:40 am
man… where do you …
man… where do you get the $12.50/tick from??
from what i can see… each tick is $0.25
December 30th, 2009 at 7:40 am
check out my vid on …
check out my vid on making money using bux3, im not gnna make summat up u gtta work but u get rewards trust me!! gr8 if ur a teenager like me and jus wanna make money arwnd skwl time!!
December 30th, 2009 at 7:40 am
F-New York – MSG me …
F-New York – MSG me on MSN. ID is in my profile. C
December 30th, 2009 at 7:40 am
try the 30second 40 …
try the 30second 40 second charts.They work great for me.risk is lowered,profits are taken faster and just put on more contracts.
December 30th, 2009 at 7:40 am
I use a line chart …
I use a line chart with simple moving averages combined with tape-reading. But I like the concept of tick charts. I didn’t know they existed! Thank-you!
December 30th, 2009 at 7:40 am
Nice comments for …
Nice comments for the tic charts. I use 200 and 300 tic charts for trade entry and 1000/4000 tic for trend trading Crude Oil on NYMEX. When the market is moving, I hate to wait 2 minutes for a candle to form. Could miss some nice moves on time charts.
December 30th, 2009 at 7:40 am
Shtefan – you’re …
Shtefan – you’re absolutely right. The datafeed is absolutely critical and more demanding for tick charts. Some handle it better than others. Best datafeeds I know of for this are Zen Fire, Trading Technologies and Photon-Trader (all execution platforms).