Daytrading is an art form, and more than other trading opportunities it requires total focus to the specific trade setup and the specific time-frame. Please give some time to understanding all different trade setups on all different time-frames. There are a lot of daytraders who totally ignore investing knowledge and tools, and there are a lot of investors who completely ignore daytrading. I’ll attempt to convince why both of these are mistakes.
And springs can be used on all time-frames, understanding shorter-term springs can be tremendously useful for investment timing also. The trades last week in HMNY and INFI are discussed.
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.
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