You are just kidding yourself if you think you can day trade the markets without some experience. The big traders know this and will take out your stops most of the time. This is why it is better to learn how to swing trade in a more stable market. The stock trader is going to fail if they think it is easy to be profitable through day trading the different markets. Smart brokers and market makers can and will run your stops and take your money. This can happen during a news release when a spike in the price happens up or down.
This is a mistake most new traders make trying for the quick buck. It is better to look at intraday trading even though it takes more time you need to be patient and let the trades developed.Traders need to understand that swing and position trades can offer far less risk, and less emotional stress then daytrading. This allows the stock trades more time to be in a profit.Let the market makers do their thing and watch for the support levels where they are stacked up. Technical analysis will help you to achieve better trading positions especially in swing trading.
Stock traders need to allow time for their trades to work and when you are in profit, you can afford to let it run to resistance and hit the sell button. Traders need to turn their stock trading into the most intelligent, easy money the trader could ever make, set those stop losses and make some money by intraday stock trading.
How to Swing Trade