Shorter Time Frames in Choppy Markets
How do you find any sort of predictable trades in such a choppy market? In this video, we’ll discuss using shorter time frames. Using shorter time frames on 2-minute, 5-minute, or 30-minute charts allows traders to not be forced to expect longer-term trend organization or follow through.
Check out this video as we go through a day trade we took on the NASDAQ.
If you’re not a futures trader, the QQQ options can be used in the same way.
Day trading is a great strategy to stay nimble amongst all of the uncertainty that we’re seeing.
The first two hours of the day are my day trading hours. After years of spending seven or eight hours a day looking for intraday set-ups, I realized that trading the first two hours of the market open actually has the best opportunities and my overall P&L is actually better!