Day Trading Tips and Tricks

October 28, 2011

Erich Senft

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Open Forum FAQ Friday Recording – September 2013

First up, thank you to everybody that joined us on last Friday’s FAQ session. We had a great time and tons of great questions.

The first part is with Erich jumping on about an hour in.

Join us for the next demo of DTS in action.

Here’s the recording of the session:

Here’s some of the questions asked:

  • How would you choose which instrument to trade on any given day? What would be the process of elimination to decide which instrument to trade?
  • Do you prefer fundamentals or technical trading?
  • What are your favorite “tools” as a trader?
  • What is the best trading timing on your opinion, if I would trade only 2 hours?
  • What do you think of the current regulatory environment in regards to trading?
  • how much of a retracement would you consider to have satisfied a “test of the extreme” ?
  • How do you determine that a trend is taking place and when has ended?
  • Is a Macro Line Pull Back a fair entry or requires a lot of caution? (Too many of my MLPB end up being wrong entries).
  • The daily objective should be measured in number of trades or money?
  • What is the best trading timing on your opinion, if I would trade only 2 hours?
  • I would like each of the experts to provide their own timetable of life trading and their trading objectives per contract.
  • Range bars are not easy to scalp with, correct?
  • What is the best time frame to use for stocks and etfs when trading the Falcon?
  • Plus many more…


October 28, 2011

Erich Senft

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