MACD Trading

Confidence in day trading is not a gift; it’s a discipline. By learning from mistakes, managing risk, and trusting the probabilities, traders develop the calm certainty needed to act in the heat of the market.

Fear is natural for beginners, but it doesn’t have to control you. The secret is not to eliminate fear, but to accept it

According to Mark Douglas, author of the classic book Trading in the Zone, the real key to consistent profitability lies in one thing: understanding and accepting risk.

Trading is not just about charts and numbers—it’s about mastering yourself. When you learn to navigate resistance, conflicts, and fear, you’re no longer just a beginner. You’re on the path to becoming a disciplined trader.

As a beginner, you don’t need to master dozens of complex setups. Start with three proven, easy-to-understand strategies.

In simple terms, an edge is the reason why your trading approach has a better chance of making money than losing money over the long run.

The Risk-to-Reward Ratio (sometimes written as R:R) is a tool that helps traders decide if a trade is worth taking.

Momentum is the strength and speed of price movement. On the chart, it shows up as sharp breakouts, explosive moves after news releases, or consistent intraday trends.

Support is a price level where demand (buying pressure) is strong enough to stop the price from falling further.

Technical stop-loss place.

When combined, these two tools form a risk-reward framework that gives structure and consistency to your trading.

Why Use a Time Stop? It protects you from stagnant trades that go sideways.

Unlike a fixed stop-loss, which stays at one price level, a trailing stop adjusts upward (for long trades) or downward (for short trades) as the market advances.

Many traders fail because they place stops randomly, either too close (getting stopped out on normal fluctuations) or too wide (risking too much capital).

A day trader’s strategy is a predefined plan or set of rules that guide every trade during the day. It tells you when to enter, when to exit, how much to risk, and what setups to look for.

This strategy is the framework of each trarder's everyday work, until one will be able to create its own. But it takes time.

Here’s a breakdown of the most popular and useful FinViz screeners for day traders, beyond just Top Gainers. These screeners help traders spot momentum, volatility, news-driven spikes, and liquidity – the key ingredients for day trading.

VWAP stands for Volume Weighted Average Price. It’s one of the most popular intraday indicators used by professional day traders, algorithms, and institutions to gauge the average price a stock has traded at throughout the day, based on both price and volume.

Day trading is a high-stakes psychological battlefield. While most traders chase profits with indicators and chart patterns, few acknowledge the real battle — the one within their own minds. Dr. Alexander Elder, renowned trader and psychiatrist, emphasizes that mastering trading psychology is the key to long-term success.

FinViz (Financial Visualizations) is one of the most popular tools for traders and investors who want to quickly scan the stock market and identify top-performing stocks. In this article, you'll learn how to configure FinViz to track Top Gainers, set relevant indicators, and optimize your screener for better trading decisions.