Stock Market Day Trading Strategies

Futures and Options Swing Trading

Day trading the stock market can be very nerve racking if you do not follow simple day trading strategies.  Use the previous days price action as your guide.  Focus on the price action around the previous days high and low to determine the tone of the market.  If the price action reverses around these levels,  an intraday trading strategy would be to play the price action reversal looking for a move back to the value area.

Best Day Trading Indicator

My favorite day trading indicator to use is the $TICKS.  The TICKS represent the summation of price movement for an indice for every issue in the indice.

As you can see the TICKS revolve around the zero line in the middle and 99% of the time stay between +1000 and -1000 dashed lines.  When the bodies of the candlesticks are below the zero line, it is more then likely a down trending day and the perfect day trading opportunity to go short.  On the other side of the line, if the candlestick bodies are above the zero lines, then more then likely it is an up trending day providing a day trading opportunity to go long.  When the candlesticks are both positive and negative, option strategies with a more delta neutral bias are going to be my choice.

Trading Software

Below is a video of the trading software.   This chart group represents the overall tone of the major market indexes.  These charts influence all day trading, swing trading, intraday trading, of futures and options, as well as stocks.  Also if you are into forex, there is a great forex trading system for you.