Unlocking Effective Support & Resistance Strategy 📈

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Ever wondered about the ultimate trading strategy that stands the test of time?

After 8 years of day trading, I realized how day trading became much simpler when I truly understood and mastered these 3 fundamental day trading concepts - price action, risk management, and finally, the most basic yet most powerful - trading the key levels - which are the support and resistance levels. 📉📈

In today's video, I'm diving deep into the world of support and resistance levels. Sure, there are countless indicators out there, but sometimes it's best to KISS - Keep It Simple, Stupid.

Today, I'll be sharing my go-to techniques for pinpointing those crucial levels that can skyrocket your profitability, and I'll be breaking down how to craft a solid strategy based on these support & resistance levels.

When you master the technicals such as support and resistance, you will be able to define these three things in your trade planning:
- Market direction
- Entry time and price
- Exit time and price.

#daytrade #stockmarket #quanttrading
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▶️My Day Trading for Beginners Playlists:
Beginner's Day Trading: https://youtube.com/playlist?list=PL0u56lu3jgFf2gBxz7mMq7_0k0UvG7ZOe
Day Trading Strategies: https://youtube.com/playlist?list=PL0u56lu3jgFcJSUYhmA77sttqG4Xmxu8X
Technical Analysis Masterclass:
https://youtu.be/LEsBoUG8_Jk
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📈Webull Trading: https://bit.ly/ht-webull (Get at least 6 fractional shares)
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📈 Follow my Investment Portfolio on Blossom App (Canada) - https://bit.ly/3DyHuaF
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#algotrading #algorithm #tradingbot #autotrade #quanttrader #algotradingbot #tradingview
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses.

AFFILIATE DISCLOSURE: I only recommend products and services I genuinely believe in and use myself. Some of the links on this webpage 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. Commissions earned will be used towards growing this channel