I receive this question a lot: “What’s the best interval for day trading charts?” In today’s video I not only answer that, but give, what may be to some, a very surprising answer: Don’t use intervals of ANY minutes!
Duration : 0:10:19
[youtube _3SoM5vp_TA]
February 6th, 2010 at 3:15 pm
The author of this …
The author of this video mentioned using TICK charts but I am told different Data providers do not provide proper TICK data. I use (IB) interactive brokers and was told they are bad for TICK chart data. Does any one know. Also,I am curious why he uses 200 ticks for his time frame. Please do not comment unless you make sense. Thanks
February 6th, 2010 at 3:15 pm
Hey if anybody is …
Hey if anybody is interested I have an online Oil Trading Room at my website.
David
February 6th, 2010 at 3:15 pm
i must disagree im …
i must disagree im a day trader and i pull 3%~10% weekly with max drw down -4%(I have been trading for 3 years). Ofcourse i trade 1:5, 1 hr charts move for the whole day@kebl0826
February 6th, 2010 at 3:15 pm
get this system
…
get this system
pipsexpressdotblogspotdotcom/
February 6th, 2010 at 3:15 pm
your an idiot. you …
your an idiot. you have no idea what your talking about. my colleague generated 2.5m TRADING the markets these past 6 months so take your piker and read another warren buffet book. and btw the markets HFT is based on tech analysis and so charts are more so important today then they ever were. there are no rich daytraders, no. there are those who overcome the adverse and then there’s you.
February 6th, 2010 at 3:15 pm
I disagree. The …
I disagree. The best interval for trading US equities is the weekly chart but thats for me and not you. If you want to make money and want to learn listen to Barry. Good Luck and take care.
February 6th, 2010 at 3:15 pm
Nice Post mate
… 
Check out my channel, Ill try to become Millionaire in one year by Daytading and post dayly updates.
Nice Post mate
Regards,
Daytrademillionaire
February 6th, 2010 at 3:15 pm
free forex signals …
free forex signals
todaymarketsignalsdotblogspotdotcom
February 6th, 2010 at 3:15 pm
free forex signals …
free forex signals
todaymarketsignalsdotblogspotdotcom
February 6th, 2010 at 3:15 pm
actually friend it …
actually friend it is a lot easier than it looks. it’s just that Wall Street thugs hope you think it’s difficult.
good luck, and by the way luck has nothing to do with the trade
February 6th, 2010 at 3:15 pm
I couldn’t agree …
I couldn’t agree more. Day Trading sucks! 99% of day traders are losers
February 6th, 2010 at 3:15 pm
“Investing is about …
“Investing is about investing in a solid business.”
Like Lehman Bros., Citibank, GM, Enron, Fannie and Freddie and the very solid Bernie Madoff. Fundamentals–schmundamentals.
February 6th, 2010 at 3:15 pm
Hillarious. While …
Hillarious. While all you moronic chart looking, day tradering, waste of useless time daytraders are in and out of markets like morphine addicts, I bought the most boring stock on the stock exchange in 6 months ago, scotts miracle grow (SMG) and more than doubled my money. I bought 2 stocks with my whole account, WYNN and SMG when the market collapsed, and my account is up 130%. I made about 350 grand. So how much have you day traders made?? You guys are wasting your time.
February 6th, 2010 at 3:15 pm
Dont all of you …
Dont all of you idiots understand that charts are pretty much useless. Even if they worked slightly, or even more than slightly, after all the commissions you pay and short term cap gains taxes(if you have any) your back to square one. Investing is about investing in a solid business. Charts are totally useless because even if you are right, psychologically people always shake out even though their stop isnt hit. Its useless. There are no rich daytraders. Wake up people.
February 6th, 2010 at 3:15 pm
Thanks for sharing …
Thanks for sharing this with us–do you ever use minute charts or strictly ticks?
February 6th, 2010 at 3:15 pm
Outstanding! I’m …
Outstanding! I’m making so much more money in tight trading ranges.
February 6th, 2010 at 3:15 pm
I think 8 & 13 …
I think 8 & 13 moving avrage interception and 50 moving avrage and 50 exp. Avrage interception would be ideal for day trading (with MACD indicator)
February 6th, 2010 at 3:15 pm
terrific video – …
terrific video – took me a couple months to figure some of that out for myself
February 6th, 2010 at 3:15 pm
silly
silly
February 6th, 2010 at 3:15 pm
.25 on es = $12.50
.25 on es = $12.50
February 6th, 2010 at 3:15 pm
man… where do you …
man… where do you get the $12.50/tick from??
from what i can see… each tick is $0.25