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Day Trading For Dummies: Structuring your Day as a DayTrader Video

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Structuring your day as a day trader. Why do you need to divide your day if you are a daytrader? http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! If you're a day trader, how best to approach the trading day? Splitting up a trading day into different phases helps adjusting your strategy and avoid getting caught out on different things. For me 8am until 10am or 11am that's the morning session phase - that's the phase where highs and lows of the day are normally made - gets you some hints of volume for the day (normally most volume is executed during the morning phase). This is where money opportunities come out. From 11am to 1pm or 2pm it is normally very quiet and generally not much is happening. We are generally waiting for data coming at 1.30pm which impacts the markets. From 2.00pm the Dax or FTSE perspective the influence starts to come from America (USA) - opportunities start opening up - big moves in USA markets will impact European markets.

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