Use of this website is subject to your acceptance of the following terms and conditions: Terms & Conditions
By clicking the Continue button, you agree to the terms and conditions
Day trading strategies aren’t one-size-fits-all. Find the strategy best fitting your style and goals, and hone your skills for successful day trading. SureTrader provides you with the tools you’ll need to discover the ideal trading strategy for your purposes. That’s just part of the SureTrader advantage.
If you’re seeking a simple way to day trade, range trading will fill the bill. You’re following the stock’s range, with the plan to buy at its lower level and selling near its higher, resistance level.
One caveat: This isn’t necessarily the most profitable way to trade, because ranges tend toward the narrow. Still, it’s an easy strategy to master and serves both short and long-term traders. Tools needed for range trading include:
Swing trading takes place in a longer timeframe than day trading. Expect to hold securities for 10 days, on average. With this strategy, you are aiming for different types of stocks than those on which day traders’ focus. Good swing trade stocks and timing include:
This is another strategy that’s relatively simple to master. You’re looking for the trend, and buying or selling once you identify it. It’s not the type of trading to do if you want to make a “killing,” but if you’re more interested in making a steady profit, give swing trading a serious chance.
Traders take positions depending on the way the trend trades. If it’s rising, you take a long position. If it’s downward, you’re going short. Although trend trading isn’t difficult to learn, it does require use of a large toolkit for maximum success. You’ll utilize various indicators in making trading decisions, including:
Once you’ve identified the trend to your satisfaction, ride that wave.
Stocks with strong momentum move a lot during a trading day. The day trader looks to purchase those securities just before they make their major move. Here’s what the trader looks for after identifying a momentum stock via an oscillator or another form of technical analysis: