Day trading strategies: the complete guide with all the advanced tactics for stock and options trading strategies. Find here the tools you will need to invest in the forex market

Things to watch day trading options
Let's take a look at some indicators specific to options that you'll want to
pay close attention to.
Put/Call Ratio. If this is high, that means more traders are
investing in puts for the underlying asset. In other words,
the outlook is bearish because more traders are betting
against the underlying or shorting it. 
Money Flow Index. This helps identify overbought and
oversold assets. It tells you the flow of money that goes
into the underlying asset or out of it over a specified period
of time. Money flow takes into account both price and
volume.
Open Interest – this is the total number of outstanding
options contracts that have not been settled. 
Relative strength and Bollinger bands.
Best Tools to Operate Day Trading
Day traders may have special needs to act fast and get information as
quickly as possible in ways that normal stock investors don’t require. One
of the most important things a day trader needs is access to breaking news
related to the markets.

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CHAPTER 2:
 
 
How to Manage Risk in Day Trading: 
 
Stop Loss and Take Profit

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A
Step Risk Management
ll organizations face unexpected risks, be it natural calamities or
those caused by people. For instance, loss of finances or a
member of an organization getting injured. These events can
cost your organization to lose a lot of money which may in return, make the
company eternally close. It is therefore important for a company to ensure
that one puts strategies that would help in curbing such cases. With risk
plan management in your company, you are prepared for a disaster. This is
because it will help you to minimize the risk and also the cost you may
incur. The risk plan will help you to set aside some amount of money so
that it will protect your company in the future if stricken by disaster.
Risk management is a process of finding out the possible risk or disaster
before it strikes. These give rooms for the owner of the company to
organize his house by setting procedures of avoiding risk and reduce its
ineffectiveness. An organization should have a realistic plan of the true
level of risk evaluation. A risk management plan should be able to identify
and able to deal with the risk. The plans don’t need to be costly or should
take more time for it to be implemented. Below is a risk management
process.