*The rewards will be distributed to winners within 15 working days—the ranking sortes in alphabetical order.
Part Ⅰ: High-Quality Post Collection
@AhTian Why, What & How to Short-Term Trade!For this post, let's take short-term trading as intra-day trading that last from seconds to minutues. It's commonly termed as scalp, intrad-day swing trading. I'll use scalp here.
@BT11 Day/Swing traderKeep your emotions away from the charts. My personal technical analysis of price action in charts relies on simply RSI (14 length) and chart patterns. Identifying the right patterns and how to utilise a trading strategy with it is a crucial complimentary tool I use for entry/exit.
@Dadacai Some Pointers for Day TradingI will give a brief overview of the VWAP indicator which is often used by day traders. Trade when the mind is clear and alert. Play small. Plan your entry and exit. A good knowledge of technical indicators is required.
@GT1982 How Did I Started Short Term TradingI started off as a short term trader before finding my style as a long term investor. No personal feelings should be involved in trading. Only fundamentals, technicals and numbers should be the deciding factors.
@IcySilver Swing trade like a Pro...Swing trading is most useful when the market condition is volatile, without long clear trend. Currently the market does seem so. Thus, it may be a good time to look more into swing trading, or quick-entry-quick-exit trades.
@Jin1978 Some personal tips on short-term tradingIf u cannot stomach the risk (10% to 30% movement usually), stay away from risky trades. Set a cut-loss price. Remember to withdraw your profits every now and then! Don’t keep pumping all your profits for the next trade!
@kaito666 My short term stock trading stepRead the news, consider different scenarios, weigh up the odds and technical analysis. In this event that any of the above scenarios do materialise, go straight to your price charts and use technical analysis to find entry and exit points for the long or short trade you have chosen.
@Moo Top I am a part-time Day TraderMy favourite technical setup is VWAP + 9EMA and 20EMA, looking at 1min and 5min candle stick. Do your own due diligence (DYODD) on the stocks that you want to day trade with.
@102637896 My Views on Short Term TradingApart from reading technical indicators and charts, I think the following are important that I learnt: Position sizing. Establish entrance, stop loss and target price before trade. Mental Strength.
Part Ⅱ: Voting on the “Mentor Moo” Title
NANA123 : Congratulation to all the winners
THEWIZARD : Congratulations to the winners!
IcySilver : Thanks for support! Let’s all continue to be better trader
Happymoooooo IcySilver : You are the best one
NANA123 : @Dadacaicome here
NANA123 : I am looking forward to your participation in the next Co-Wise topic.@HopeAlways
@Mars Mooo@GratefulPandawrite excellent every time; I should learn from you.
Dadacai NANA123 :
Dadacai : This made my day! Thanks @Meta Mooand congrats to everyone who won.
Michael Murphy : It's so cool.
Meta Moo OP Dadacai :
View more comments...