when buyers begin stepping in again. Set aside a surplus amount of funds that you can trade with and are prepared to lose (which may not happen). Entry Checklist Summary Entry Criteria #1: Momentum Day Trading Chart Pattern (Bull Flag or Flat Top Breakout) Entry Criteria #2: You have a tight stop that supports a 2:1 profit loss ratio Entry Criteria #3: You have high relative volume (2x or higher) and ideally. For long positions a stop loss can be placed below a recent low, or for short positions, above a recent high.
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Question: What is the best trading strategy on TradingView? You can see we had a nice opening drive on high relative volume followed up by a consolidation period on low volume that eventually broke out again. It was the best investment i ever made. You can click here to join my next webinar, and make sure in the meantime you keep watching on! Trading with Cash is an option, but because it requires 3 days for each trade to settle most traders will trade with a margin account but choose not to use leverage. Before you know it you will have 3-4 months of consistent trading under your belt.
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