The ideal day trading Click Wealth System stock is a volatile stock with fresh news and tons of volume. The stock will exhibit clean moves with identifiable buyers and sellers in the level 2 box, and will allow a talented day trader to take advantage of its multiple moves throughout the trading day. Focusing on stocks that exhibit the holy trinity of volume, volClick Wealth Systematility, and news will dramatically improve your trading results while helping you to avoid the “trap” stocks that only inexperienced day traders focus on.
In order to find a good day trading coach – find a good day trading student. Ok, that’s probably not why you are reading this article, but let’s take a realistic view of what it takes to successfully find and work with a day trading coach and follow up with the characteristics of a good student. We have to run through our due diligence in order to find an experienced coach. A few key points to consider:
Is the coach an active day trader himself? Remember the idiom “Those who can, do; those who can’t teach.” We’re not saying you can’t find an effective coach whom isn’t an active trader, but we really want someone who can demonstrate day trading success and share CURRENT experiences with us. The term “coach” shouldn’t be someone that just provides a CD set along with an encyclopedia of PDFs for us to struggle through. We want a trading coach that is active and current in the financial markets.