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Day Trading – Scans Part 1

halalfinanceinvesting by halalfinanceinvesting
August 27, 2024
Reading Time: 2 mins read
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Day Trading – Scans Part 1

Welcome to a deeper look into my day trading world! Over the past few days , I’ve been fortunate to receive a flood of inquiries from fellow traders eager to know more about the daily scans I run. It’s been incredibly rewarding to share what works for me, and now I’m taking it a step further by laying out my setup in detail. Whether you’re a seasoned trader or just getting started, I hope this post adds clarity and value to your trading strategy.

The Importance of Daily Scans in Day Trading

Day trading is a fast-paced arena where every second counts. The ability to quickly identify potential trades can make the difference between capitalizing on a big move or missing out entirely. That’s where daily scans come in. By systematically filtering through the thousands of stocks in the market, my scans help me pinpoint the most promising opportunities for the day, allowing me to focus on what matters most: execution.

This is Part one of my scans. I will be posting other scans soon.

Daily Routine:

Morning Preparation: My day begins with a thorough review of the market news and overnight developments. I analyze pre-market data and set my trading goals for the day.

  • Market Open: As the market opens, I focus on executing my pre-planned trades, keeping a close eye on my watchlist and adjusting my strategy as needed.
  • Midday Review: I take a break to review my performance, assess market conditions, and make any necessary adjustments to my trading plan.
  • Market Close: I wrap up the day by reviewing my trades, analyzing what went well and what could be improved, and preparing for the next trading day.
  • Mindset:
    Maintaining the right mindset is crucial in day trading. I focus on staying disciplined, managing my emotions, and sticking to my trading plan. I believe in continuous learning and adapting to market
  • A Closer Look at My Scan Setup

    My approach to scanning the market is both methodical and adaptive, fine-tuned to spot opportunities that align with my trading goals. Here’s a breakdown of the key components that make up my daily scans:

    I will be posting more scans on this blogs soon إن شاء الله

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