On this part of the side we want to educate traders about the different daytrading techniques. I found little on the subject others then stuff to purchase, or books to buy. Often you get disappointed because most of the stuff out there simply does not work.
So here I will share some stuff about the things I have learnt the last couple of years.
On the left frame you will find most common indicators. We are just building this site so it will be expanded regularly.
Before you begin daytrading study well. It is a profession like any other. A good reference book, and a good start is Jake bernsteins standard work.
Day Trader IIA good book I recently read is Elders "Come into my trading room". Probably the best parts of it describes the difference in behaviour between amateurs and professionals. Also he explains quite well the behaviour of the markets and why certain patterns emerge. So the behaviour of the bulls vs the bears is probably one of the best insights you can gain from this book. If you are a automated systems trader then do not buy this book. Elder believes automated systems do not work. I can not disagree more, since they can work if maintained well. The biggest misktake people make is to trust the system over time and never tingle with the parameters. But you should.