Successful Futures Day Trading Strategies Blog - Learn how to become a better day trader!

Day trading vs. Swing trading – find a trading style that suits your personality

 

Day trading vs. Swing trading

When it comes to trading styles, traders typically differentiate between two styles: day trading and swing trading. Swing traders usually operate on the higher time frames (mainly the weekly, daily, and sometimes the 4H) and they have a longer-term approach to their trading. On the other hand, day traders mainly trade on the intraday charts such as the 1H, 30 min and 15min. Day traders follow a very different approach and their trading is much more short-term. A third trading style that sometimes comes up is called “scalping”, which is basically an extreme form of day trading – Scalpers are usually on even lower time frames (5 min, 1 min and tick charts) and they often hold trades for just a few seconds or minutes.

 

Trading style

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Indicator Trading Vs Price action – Tips to help you make the right decision

 

Indicator Trading Vs Price action

The question regarding whether you should use price action only or rely on indicators when making trading decisions is probably among the most controversially discussed trading topics. At the same time, there are many misconceptions around this topic that keep traders from making the right decisions for their own trading. In this article, we discuss the pros and cons of Indicator Trading vs Price Action trading and we debunk some of the most commonly shared myths.

Are indicators lagging?

The number one argument of price action traders is that indicators are lagging. But why is this not true and what do some traders miss here?

It’s important to understand that indicators and price action is really not different. Indicators take the price action information

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Tradingview – Trade Analysis, Publishing Ideas and Feedback-Loop

 

Tradingview is not only a great platform when it comes to charting and having all your daily trading in once place, it also comes with a variety of features and functions that allow you to create an effective feedback-loop. We’ll show you how to utilize some of Tradingview’s features so that you can work on your trading and improve your skills at the same time.

 

Trade Ideas

We briefly touched on this in our earlier Tradingview guides. Tradingview’s “Idea” function allows you to capture your trade ideas, hence the name, and organize them in a very effective way. Basically, with an Idea in Tradingview you take a snapshot of current market activity with your thoughts, directional bias and more and then store it into your idea stream. You can then

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Tradingview – Structuring your trading with the advanced features

 

Tradingview is not only the ideal platform when it comes to charting and analyzing price action, but it even offers very advanced features that allow you to structure and organize your trading day even further. Trading can be hectic at times and that’s why it’s even more important that you have a way of staying on top of things. Tradingview offers a variety of tools that will make your life much easier.

 

Overview function

The tools we want to focus on now are all on the right-hand side menu in your Tradingview platform. Here you can find your watchlists, price alerts, hotlists, news calendars and your ideas. We will now take a closer look at each one and explain how to use them to structure your trading day and also allow you

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