15 Minute & Go Day Trade - IWM & Trade in the ES

A FEW TRADES BELOW

 

Setup: 15 Minute & Go Day Trade

Stock/Index: IWM

Entry(yellow line): 2 Trades see below

Stop(red line): 2 Trades see below

Exit/Outcome: 2 Trades see below

Market Conditions:  Strong

Trade Process: Solid

Notes: Two trades in IWM index both with strong market condition's.  Entry high of the 1st candle, with the trend, stop the low. Risk management is key, trade within your means (never risk anymore than 1% of your account) and don't trade on a live account until you have had 6 month's to a year practicing on a simulator.

Losing Day Trades are part of the Game:  here is a losing day trade on a one minute chart, ES futures, where I just missed a winner with an entry on candle #2 and the stop low of the day. Trading is all about risk management. You will have winning and losing trades - they key is controlling the losing trades.