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Stock day trading tips - Simple stock tradingWe look for chart patterns that have well defined areas of support and resistance.
We will use previous support levels as our stop price, or our risk, and we look at previous resistance areas as our initial profit target, or our reward.Readers should always conduct their own research and due diligence.Many investors and traders are confused when looking for a day trading strategy. when stocks shifted from.
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We want to take a position with a predefined stop level and profit target.
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