Tackle Today: Why Learn Day Trading?
June 13, 2023
Here are 4 reasons.
Traders,
We are one day closer to our Day Trading System launch event on June 19th at 8:30 PM EST. Yesterday we addressed “What is Day Trading?”
Today we will talk about Why You Should Learn how to do it.
First, it improves your technical analysis skills. Finding and managing day trades relies heavily on chart patterns and timing. You’ll discover how everything you’ve learned about reading daily and weekly charts applies to intraday time frames – only you get resolution quicker.
Second, because everything happens quicker, learning how-to-day trade can accelerate how quickly you pick up chart reading and technical analysis. It’s a fun environment to get nearly instant feedback on if your rules and tactics work.
Third, it will help you understand the market’s personality at different times of the day. The market open, lunch hour, afternoon, and market close can each provide unique opportunities for traders.
Fourth, it improves your ability to use multiple time frames and understand how trends evolve through time frames.
Stay tuned for more insights tomorrow!
Chart of the Day: NASDAQ (NQ)
Nasdaq futures are jumping out of the gate this morning, up 0.70% premarket.
Today’s lineup
Traders Lounge 11 AM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only the Coaches at Tackle Trading can deliver.
Weekend Reports
Watch the Stock, Options, Commodity, and Tackle Newsletter Reports to help you prepare for the week.
Financial freedom is a journey
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
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