4 Best Day Trading Indicators You NEED to Use (ThinkorSwim)
► Invest In stocks: https://public.qwjcdi.net/AaronP
► Trade stocks: https://tradestation.pxf.io/AaronP
► Invest in real estate + alternative investments: https://yieldstreet.pxf.io/AaronP
► Get your free credit score and more: https://creditkarma.myi4.net/AaronP
► Track your net worth: https://personalcapital.sjv.io/c/3024871/1129096/13439
Here are the 4 best day trading indicators for ThinkOrSwim in 2020... or really any year haha. I have been using the VWAP, RSI, MACD, and Bollinger Bands since I was about 17 to improve my trading.
The VWAP is a volume-weighted moving average that is an extremely useful day trading or intraday trading indicator. Large firms send orders using algos that route the order based on the VWAP over the course of the day, meaning that there is a lot of support and resistance around the VWAP.
The RSI shows overbought or oversold levels, we can use this to either sell a position in an oversold level or buy a position in an overbought level. 70 is overbought and 30 is oversold.
The MACD shows a change in short term trend over the longterm trend, where the MACD becomes useful is when we see a cross in the short term trend over the long term trend.
Lastly, Bollinger Bands show the standard deviation of price and can show if the price is statistically extended.
Price should be in 1 standard deviations 65% of the time.
Price should be in 2 standard deviations 95% of the time.
Price should be in 3 standard deviations 99.7% of the time.
Hope this helps you improve your day trading or swing trading!
🤩 Connect with me on Discord and chat about everything investing! https://www.patreon.com/user?u=50070907
► Get 2 Free Stock on WeBull (Valued up to $1600 when you deposit $100):
https://act.webull.com/kol-us/share.html?hl=en&inviteCode=nOmu1uGi7cxW
MY FAVORITE INVESTING BOOKS:
►One Up On Wall Street: https://amzn.to/346UAvt
►A Random Walk down Wall Street: https://amzn.to/3m0hn25
►Market Wizards: https://amzn.to/3kdbez3
►The Intelligent Investor: https://amzn.to/2HaVYUN
►Options as a Strategic Investment: https://amzn.to/3o7etdY
►How to Make Money in Stocks: https://amzn.to/359oChn
MY FAVORITE WEALTH BUILDING BOOKS:
►Rich Dad Poor Dad: https://amzn.to/35amt4X
►Rich Dad's CASHFLOW Quadrant: https://amzn.to/3k5WMsC
►Tax-Free Wealth: https://amzn.to/31jTfjg
MY FAVORITE REAL ESTATE BOOKS:
►The Millionaire Real Estate Investor: https://amzn.to/34a7kBC
►The ABCs of Real Estate Investing: https://amzn.to/34a7mte
MY FAVORITE PERSONAL DEVELOPMENT BOOKS:
►How to Win Friends & Influence People: https://amzn.to/3lZyy3T
►The 4-Hour Workweek: https://amzn.to/3o2Hkjf
►Principles: https://amzn.to/2HlxisA
►The 7 Habits of Highly Effective People: https://amzn.to/35bf1GP
✅ Let's connect:
Instagram - apetrovs
TikTok - @ap_stocks
DISCLAIMER
This content is for education and entertainment purposes only. Aaron does not provide tax or investment advice. I am not a financial advisor, anything said on this channel should not be taken as financial advice The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. Trades should only be based on your own research and due diligence.
DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.
Видео 4 Best Day Trading Indicators You NEED to Use (ThinkorSwim) канала Aaron Petrovsky
► Trade stocks: https://tradestation.pxf.io/AaronP
► Invest in real estate + alternative investments: https://yieldstreet.pxf.io/AaronP
► Get your free credit score and more: https://creditkarma.myi4.net/AaronP
► Track your net worth: https://personalcapital.sjv.io/c/3024871/1129096/13439
Here are the 4 best day trading indicators for ThinkOrSwim in 2020... or really any year haha. I have been using the VWAP, RSI, MACD, and Bollinger Bands since I was about 17 to improve my trading.
The VWAP is a volume-weighted moving average that is an extremely useful day trading or intraday trading indicator. Large firms send orders using algos that route the order based on the VWAP over the course of the day, meaning that there is a lot of support and resistance around the VWAP.
The RSI shows overbought or oversold levels, we can use this to either sell a position in an oversold level or buy a position in an overbought level. 70 is overbought and 30 is oversold.
The MACD shows a change in short term trend over the longterm trend, where the MACD becomes useful is when we see a cross in the short term trend over the long term trend.
Lastly, Bollinger Bands show the standard deviation of price and can show if the price is statistically extended.
Price should be in 1 standard deviations 65% of the time.
Price should be in 2 standard deviations 95% of the time.
Price should be in 3 standard deviations 99.7% of the time.
Hope this helps you improve your day trading or swing trading!
🤩 Connect with me on Discord and chat about everything investing! https://www.patreon.com/user?u=50070907
► Get 2 Free Stock on WeBull (Valued up to $1600 when you deposit $100):
https://act.webull.com/kol-us/share.html?hl=en&inviteCode=nOmu1uGi7cxW
MY FAVORITE INVESTING BOOKS:
►One Up On Wall Street: https://amzn.to/346UAvt
►A Random Walk down Wall Street: https://amzn.to/3m0hn25
►Market Wizards: https://amzn.to/3kdbez3
►The Intelligent Investor: https://amzn.to/2HaVYUN
►Options as a Strategic Investment: https://amzn.to/3o7etdY
►How to Make Money in Stocks: https://amzn.to/359oChn
MY FAVORITE WEALTH BUILDING BOOKS:
►Rich Dad Poor Dad: https://amzn.to/35amt4X
►Rich Dad's CASHFLOW Quadrant: https://amzn.to/3k5WMsC
►Tax-Free Wealth: https://amzn.to/31jTfjg
MY FAVORITE REAL ESTATE BOOKS:
►The Millionaire Real Estate Investor: https://amzn.to/34a7kBC
►The ABCs of Real Estate Investing: https://amzn.to/34a7mte
MY FAVORITE PERSONAL DEVELOPMENT BOOKS:
►How to Win Friends & Influence People: https://amzn.to/3lZyy3T
►The 4-Hour Workweek: https://amzn.to/3o2Hkjf
►Principles: https://amzn.to/2HlxisA
►The 7 Habits of Highly Effective People: https://amzn.to/35bf1GP
✅ Let's connect:
Instagram - apetrovs
TikTok - @ap_stocks
DISCLAIMER
This content is for education and entertainment purposes only. Aaron does not provide tax or investment advice. I am not a financial advisor, anything said on this channel should not be taken as financial advice The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. Trades should only be based on your own research and due diligence.
DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.
Видео 4 Best Day Trading Indicators You NEED to Use (ThinkorSwim) канала Aaron Petrovsky
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