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Bullman Bearstein Intra-day trading
Intraday trading as the name implies is a method of trading used to capitalise on very short term movements in price, both long and short. Invariably, traders are not concerned too much about the fundamental characteristics such as economic or political events, the profitability of a firm or its price/earnings ratio. Having said that, there are a number of traders that will trade on news surrounding many of these factors, although it is normally a less predictable and less exact method of trading.
A growing number of traders will use technical analysis or charting, to pinpoint specific levels to enter and exit trades. There are literally hundreds of different technical indicators to use and probably as many different trading systems to go with them, so choosing how to trade and on what basis becomes the real crux of the matter.
Below are some examples of charts we are using and our own Tradesearcher trading programme. When you register for a FREE TRIAL of our daily and weekly reports we will show you the trades we are in at the moment and what we are looking to trade.
Candlestick analysis provides a useful way of obtaining a visual snapshot very quickly of what is and has happened in a given time frame....it also provides an emotional snapshot by seeing in one candle, just how the price has moved.
Using the candlesticks and interpreting a sequence of candles can quickly add support (or not) to your trade analysis either on their own, or in conjunction with other indicators.
Developed using complex algorithms, the fractals (red and green dots) provide additional support and resistance levels to give us target and entry levels. The chart below shows a brief example of how we use the Tradesearcher programme to refine our entry points. In this example, UK equity Vodafone was traded as an end of day trade but we use the same principles to trade intraday.
What is vital to our trade decision making however, are the trade management systems we use. Trading, using technical indicators is fine, but unless you know how to trade ie, manage the complete trade cycle, they are far less effective.. Many have found out the hard way that is the case. We show you how to run a trade, not just get in it.
The example below shows how we use the indicators to help make the three key decisions, what is the entry price, what is the target, and what is the stop. To register for a FREE TRIAL of our reports please click here.
When you become a client of Bullman Bearstein, we provide these charts daily and more importantly, in plenty of time BEFORE you need to get in.
At Bullman Bearstein, we use these as well as tried and tested technical indicators in conjunction with more complex money management trading models, to get the very most out of our short term trading. Our primary aim in entering a trade is to clearly identify at the outset what our expectations are in terms of risk, target levels and duration. If we enter a trade, it is our job to know why, what our target is, and how long we expect to keep the trade for. Answering these basic questions makes the process of deciding how much to trade and in what size, so much easier. We try to eliminate as much uncertainty in our trades as possible and try to make sure our clients do the same.
Some traders (such as our level2 dealing expert here) will use other less well know methods of looking for intraday trading opportunities. Reading momentum and money flow in order book driven stocks can be equally as rewarding as other more mainstream approaches. Here the skill and experience of the trader is the real factor and being able to act quickly to short term moves is vital in using this style efficiently. Combined with pre-determined daily support and resistance levels, it can prove a useful addition to any short term trading strategy.
The Costs Intraday trading relies on a number of factors, most obviously the skill of the trader and the systems used (as above). But an equally important consideration is the cost.
At Bullman Bearstein our main focus is to make sure when you trade with us, you stay with us, and to do that, you have to be successful. To help you achieve more success we offer an intraday trading package that keeps your costs to the minimum, whilst still providing you with all the support and know how we can. The two combined, we think are a winning formula.
If you are interested in the intraday trading package, please complete the brief form below and you will receive an immediate quote*. Alternatively please call one of our traders, and they will gladly give you more information.
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