RE: Day trading26 Feb 2021 06:25
I've messed up a bit 'day trading' this year to be honest, but a lot going on in my personal life and I've struggled to concentrate at times!!
But, I'm out fully now and as they say, with gun powder (not lots at my level).
As above (TP69), there will always be volatility, always has been. There will always be ranges, sub ranges within a larger range.
Not always easy to predict a range right now as it can change rapidly within days!
Something that worked for myself a while back and maybe time to get back into that scheme, is to wait for the markets to drop over three continuous days, not individual companies, but the whole market (FTSE) dropping and then find an entry point.
Just my thoughts and I often get it wrong, but I'm not greedy and if I can pinch a little out of a range, I'm usually happy.
Still a lot of upside within this sector, that's for sure.
GLA, be lucky.