Day trading strategies typically follow one of two approaches: beating the spread or attempting to catch short term trends. We at Ronin specialize in catching short term trend trading. Once the market or a specific stock has presented us with certain technical indicators to suggest when a trend may be starting or coming to an end, we jump into action.
Technical indicators are the foundation for all our short term trading. There is no debate that day trading is a skill that requires time and energy to develop, however our track record speaks for itself. We utilize many various tools and strategies to identify the stocks to be in. Some key elements of our short term strategies are listed below
- Finding stocks in play
- Size is a factor of setup. The better the setup, the bigger the size
- Never trying to catch a falling knife
- Waiting for real levels before attacking
- Every trade must have excellent reasons
- Not overtrading/forcing
- Reading the tape
- Take what the market gives you
