Best Robinhood Trading Strategy For Small Accounts
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If you are trying to use the Robinhood app to trade a small account you must watch this entire video. Don’t get caught chasing the big option trades and get crushed cause you do not know what you are doing. Using this small 10% strategy can take you a long way. I go over how I have used this in the path and how I have used the same strategy to sell premium. The whole point behind this strategy is that you can scale it to a large degree, however it is just challenging at first with a small account. I hope this helps and if you are a beginner trader, come to the live streams, ask questions and get culty, we would all love to help!
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Investing in general and options trading especially is risky and has the potential for one to lose most or all of their initial investment
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Day Trading Software Free Download Best Robinhood Trading Strategy For Small Accounts.
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Assuming you work nine to 5 in the U.S., you might trade before or after work. The best trading technique in those time blocks is to choose one of the most energetic money pairs (those with one of the most price activity). Knowing what times the significant money markets are open will assist in picking significant pairs.
- New York opens up at 8:00 a.m. to 5:00 p.m. EST
- Tokyo opens up at 7:00 p.m. to 4:00 a.m. EST
- Sydney opens up at 5:00 p.m. to 2:00 a.m. EST
- London opens up at 3:00 a.m. to 12:00 twelve noon EST
The marketplaces in Japan as well as Europe (open 2:00 a.m.– 11:00 a.m.) are in full swing so part-time traders can select significant money pairs. These consist of the EUR/JPY set or the EUR/ CHF set for significant money or pairs that include the Hong Kong dollar (HKD) or Singapore dollar (SGD). The AUD/JPY set could additionally work well for part-time traders readily available throughout the 5 p.m. to twelve o’clock at night timeframe. While it is critical to recognize the very best money pairs that fit your schedule, before putting any kind of wagers the trader needs to carry out additional evaluation on these pairs as well as the principles of each money.
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