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10 Rules for Daytrading with Singles and Doubles!

Penny Lane Podcast

English - May 06, 2021 14:00 - 1 hour - 42.3 MB - ★★★★★ - 265 ratings
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Incredible interview with @singlesdoubles where he discusses his 10 rules for daytrading. This is a MUST LISTEN!

Singles and Doubles 10 Rules for Daytrading:
1. Defense before offense - know before taking the trade where I will exit if I'm wrong
2. Never put more than 10% of my capital in any one position
3. Never hold a daytrade that is down more than 10% from my basis
4. Volume before price
5. 5-8 positions ideally, no more than 10 at one time
6. If swinging, reduce size
7. Try not to trade 9:30-9:50 a.m.
8. On dip buy, 1-2 green candles first to confirm on 5 minute chart
9. Trust the chart
10. Trust myself - Believe

Find @singlesdoubles every day in Sapphire Trading.

Resources:

Benzinga! Click this link to check out our favorite trading tool!!!

Webull

TrendSpider

TraderSync

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