Utilizing trading resources effectively is essential for mastering strategies like ‘Support & Resistance’, ‘Event Swing’ or “Trendline Breakouts”, all-of-which are popular among traders but all require a solid understanding of each strategies criteria; Charting software like CMC Markets or WeBull provide adequate technical tools to maximise the most out of these strategies.
Using a free or paid for stock scanner is essential for filtering through specific technical or fundamental criteria to narrow down the thousands of companies listed on global exchanges. Combining strategies with educational materials such as back testing tools, statistical performance or Journaling along with a community forum will allow you to refine your execution and improve your outcomes.
Find a free downloadable Day Trading Journal below to help get you started.
