Though you guys might to see this.  There are  a lot of different strategies when daytrading etfs.  One of my students ive been coaching the past 6 months Rahil Gulamhusein in our chatroom he is rahilg1 ( he never talks much)  has really picked up his game.  He he has taken many of my strategies and started to add his own now that he has understood how stocks move and how to look for levels of supply/demand. He is young guy maybe 24 years old and been trading on and off for past couple years.

Recently me and him were chatting about his progress and he mentioned to me how he has been making 500-600 a day the last few weeks flipping etfs and he had his first 1k days (multiple times) the past 2 weeks. This is off a 30k account going about 200 shares per trade.

the strategy is pretty simple and similiarto the one i use. he uses a bit longer timeframes on his.

 

 

He has been using 30min charts with 20 and 50sma.

now he does bascially the opposite when market starts to fade.. he uses tza. and tends to short near confrimed m.a. test of resistance.

me@rahilg.com this is email! he is on vacay tomorrow but he said you can shoot him an email anytime you want!

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