Best Day Trading Strategies, How to Buy the Dip day trading? Small Account Long Strategy – Day Trading School.

Trade with me: https://humbledtrader.com
Stop buying penny stock breakout spikes. Buy the dip long set up is better for beginner traders with a small trading account.
🔽Time stamps:
1:35 Daily chart trading pattern best for dip buying
3:35 How to draw STRONG support and resistance lines to buy the dip
7:54 Using high short interest to your advantage when buying the bounce

Buy the dip, or buying the bounce is the best long strategy for day trading beginners to build their small account. The risk reward is much better than buying penny stock break outs. Here is what I look for when I’m picking stocks to buy the bounce.

1. Parabolic Daily chart pattern
This kind of daily chart pattern provides traders the best momentum and volume to the upside. Essentially you are buying the bounce on trends for a long continuation to the upside.

2. Drawing strong daily support and resistance levels
The strongest support and resistance lines are from the daily. I look to buy the dip intraday trading at support lines that are drawn from the daily chart. Same way the daily resistance levels will likely act as the top on intraday runners.
▶️How to draw support and resistance lines in day trading:

3. High short interest
Heavily shorted stocks with high short interest are likely to squeeze when momentum is shifting to the upside and the buying volume comes in.
▶️Best stock scanner for short interest:
http://bit.ly/2mYKie2
▶️Other delayed resources:
https://finviz.com/
http://shortsqueeze.com/

When to Buy Stocks Overnight

How to Trade PART TIME while Working a Full Time Job

How to Grow a Small Account in 2020 Day Trading

🖥️Recommended Trading Tools:
Benzinga Pro FREE 14 day trial (use code “HUMBLEDTRADER” to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code “HUMBLED15” to get 15% Off)
https://bit.ly/3rLAfp2

Cobra Trading (Best broker for shorting stocks, $30K min)
Get 25% off commissions, mention “Humbled Trader” at the time of account opening
https://bit.ly/3cGJHlR

🇨🇦Questrade Canada (get $50 FREE commission trades)
http://bit.ly/2GoeUMY
Webull Free Trading app (Get free stocks with $100 deposit)
http://bit.ly/2Lhtd9X

Get My Trading Station Set Up & Favorite Trading Books
https://www.amazon.com/shop/humbledtrader

📊Follow me on social for more updates:
IG @HumbledTrader
Twitter @HumbledTrader18
#daytrading #pennystocks #stocks
___
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.

Humbled Trader FAM count: 49,000

How to Buy the Dip day trading? Small Account Long Strategy, Best Day Trading Strategies

Day Trading School How to Buy the Dip day trading? Small Account Long Strategy.

Get Interesting Articles About Day Trading School.

Stop-Loss Orders in Forex Trading

The very best strategy for part-time investors might be to allow your computer be your “trading partner.” The capability to utilize a trading program where you can let the information technology work for you could be helpful, as the forex market is so fluid as well as tough to keep track of. Another typical strategy is to carry out stop-loss orders, which suggests that if the marketplace takes a sudden step against your placement, your money is shielded.

Day Trading and Swing Trading the Currency Market - Book by Kathy LienForex for Beginners Book by Anna Coulling Currency Trading for Dummies Book by Brian Dolan 50 Pips a Day Forex Strategy Book by Laurentiu Damir