Here’s what I look for when I’m day trading the RTY:
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[…] yesterday’s video, I described what I’m looking for when I day trade the RTY or M2K. The same thing happened […]
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On all these RTY trades, do you take profits or wait until you’re stopped out?
Great question… It depends on the day. If it’s early and I have lots of time to trade, I’ll usually trail it with the Parabolic SAR. If it’s later in the day and I know I’ll be closing out anyway, I may just follow the price action closely for a quick scalp.
What happened to your breakup with RTY?
The RTY lured me back with such quick profits ➡️ https://lucra.com/tdr-11-22-21/
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I heard your Telegram message this morning. Congrats on such a good day. I tried to trade RTY using my TOS version of your charts. I lost about half of what you gained, using a 20 tick stop. What are you using as a signal to pull the trigger? I did trade a little later in the morning than you. I watched yesterday when you spoke about trading just after the open. JIM
Hi Jim, Depending on when I catch the trade, I may enter when the Parabolic SAR flips on the 2min, 3min, or 5min charts. If I’m REALLY late to the game, it may be on the 10 or 15, but usually I would have missed most of the move by then. And thank you, by the way!