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Follow on Google News | DailyStockPlays.com is a great site to visit if you want to learn how to day trade.The site provides many examples of common intraday chart patterns in the free section of the site.
By: Daily Stock Picks Once you have learned how to trade the intraday patterns, you can become a member of the site free for one week. After the one week free trial, you can continue as a member for a monthly membership fee of $49.99. Everyday Daily Stock Plays finds the right stocks to trade early in the day and specifies which intraday pattern to use. The stock selections are posted in the members section from a proprietary trade finder which looks for specific patterns on the daily chart and the 5 minute chart. Once the price pattern criteria is met, the trade finder adds in early trade volume criteria since higher than normal volume is a very important variable in finding successful trades. Memorizing chart patterns that repeat day after day is a key to trading successfully. With repetition and experience, trading these patterns will likely become second nature to you. Having patience waiting for a trade to setup is a vital skill to acquire. Knowing what trading strategies work and having a trading service that finds stocks in play is a great way to learn how to trade. After the close of trading, Daily Stock Plays will publish reviews of the some of the days trades so you can continue to learn and further your daytrading skills. If you want to take the one week free trial membership, visit http://www.dailystockplays.com End
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