DAY TRADING STOCKS
In this phase, you plan out your stock trades. This strategy must include an entry price, a target price, a stop loss price and a time frame. Once you have completed the strategy for your trade you move on to execution.
Execution is done during market hours in which you simply execute your stock trading plans (strategy). This is the fun part. You have worked so hard to find day trading stock candidates for your next trade. You have developed a trading plan for each one of the candidates. Now, all that is left to do is execute your trading plan.
Day Trading Stocks for a Living
This is a full-time job! In fact, it is more than a full-time job. Day trading stocks and any form of Short-term stock trading consists of three key elements:
- Stock Trading Research
- Stock Trading Strategy
- Stock Trading Execution.
In this phase, you plan out your stock trades. This strategy must include an entry price, a target price, a stop loss price and a time frame. Once you have completed the strategy for your trade you move on to execution.
Execution is done during market hours in which you simply execute your stock trading plans (strategy). This is the fun part. You have worked so hard to find day trading stock candidates for your next trade. You have developed a trading plan for each one of the candidates. Now, all that is left to do is execute your trading plan.
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