Day trading is a business, and the key to any successful business is to develop & follow a business plan. Shorten your learning curve with this easy to follow Stock Trading Plan. This 90 page plus plan covers easy to follow setups for the beginner or experienced trader and additional setups to help you build your own plan.  Plan delivered in Adobe Acrobat via email within 24 hours. To Purchase for $99.99 through Paypal go here: PAYPAL

Part 1: Preparation

  • Office Setup
  • Pre-Market Check List
  • Maintaining a Journal and a Daily Report Card
  • Pre-Market Homework
  • Scanning Daily Chart’s of Gapping Stocks
  • Low Float Stocks
  • Sample Day Trading Schedule
  • Risk Management
  • Exit Strategies
  • Stock Scanners

Part 2: Beginner Trade Setups

  • Bull Flag Pattern
  • Setup 1: Day Trading Daily Chart Bull Flag’s
  • Setup 2: Day Trading Daily Chart Engulfing Bars
  • Setup 3: 30 minute chart Bull Flags
  • Setup 4: 30 minute chart NR and ISB’s

Part 3: 60 Minute Trader

  • Time Frame and Type of Stocks to Trade
  • Entry, Exit, Stops
  • Setup 1: Pre-Market High Break and Go – 1 minute candles
  • Setup 2: 5 Minute High Break and Go – 5 minute candles -Version A & B
  • Setup 3: Bull and Bear Flags – 5 minute candles
  • Setup 4: VWAP - Gap & Go and Gap Fade
  • Setup 5: 123 Touch and go – 5 minute candles
  • Setup 6: Sling Shot: Oversold and Overbought – 5 minute candles
  • Scanning for Strong and Long Stocks at the Open
  • Level 2 and reading the tape – placing orders direct route
  • 60 Minute Trader Reference Sheet

Visit the  HOW I DAY TRADE BLOG for a daily Pre-Market posting of 2 to 5 Gaping Stocks to watch

RISK CALCULATOR (in excel) will determine the amount of shares to purchase per trade. The formula takes the amount you are willing to risk divided by the range between your entry and stop:CLICK HERE