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Daytrading Checklist: What to Look for Before Placing Trades

In today’s episode, Anthony will discuss his daytrading checklist and what to look for before placing trades. He will go over a comprehensive guide to essential factors for successful day trading.

In this video, Anthony covers critical points for day traders, including the importance of assessing the big picture market environment, identifying market leaders, recognizing divergence or convergence in price action, setting risk parameters, honing your market focus, determining your favored trading direction, and tailoring your strategy to match the prevailing market environment.

Tune in to gain valuable insights into day trading that can help you make informed decisions and increase your chances of success in the fast-paced world of day trading. Don’t miss this episode if you want to improve your day trading skills and boost your trading performance!

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If you’re looking for insightful analysis to help hone in on your trading style, Develop Your Edge is a weekly “must watch”. Tom and Anthony will answer viewer questions and provide some “outside the box” thinking as they analyze and trade a host of futures products. Understanding market forces pre-, during and post-trade is a critical key to becoming a better trader. Join NinjaTrader’s Tom Schneider, CMT and futures market pro Anthony Crudele as they share their opinions on current markets. Watch as they provide actionable, real-time trading examples designed to showcase the benefits of developing a trading plan.

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