Which Time Frame Is Best For Day Trading?
First a reminder: We have, so far, published 3 strategy bundles (packs). You can find them on this page:
Day trading is popular, and you often see traders with multiple screens and zillions of charts, bells, and whistles.
Is this a necessity if you want to day trade?
Fortunately, it’s not. Far from it. We would even say it might be counterproductive the more screens you have and the more you sit in front of the computer(s). Most of the price action is just noise. Trading should be “simple”, something we covered earlier in an article called simple vs. complex trading strategies.
For many years, we did all our day trading through this old and simple Dell laptop:
To show you that you can use daily bars (not intraday bars) in day trading, we wrote a new article about time frames in day trading:
Can You Day Trade With Daily Bars? Is It Even Better? (Strategies And Backtests)
Quad Witching Day
Tomorrow, the 17th of June, is one of four days per year that is called quadruple witching day. This is a day that is surrounded by many myths. We tried to confirm or bust some of these myths:
Quadruple Witching Day – What Is It And Is It Bullish Or Bearish? (Backtest)
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