Why day traders should only be focusing on one side of the market?

In this week’s #developyouredge episode, we look at Bitcoin & Crude Oil – we talk about how the opening ranges for the year are extremely important and discuss how I believe day traders should really be focusing on one side of the market.

As an intraday trader if it isn’t clear to you the one side of the market you should be trading & you are going back & forth long, short then long again that is a reason to either stop or just pick one side & stick with it…otherwise it will probably be chop city for you all day.

Trade Futures for Less!! Keep your futures trading costs low through deep discount commissions & low margins. Experience NinjaTrader’s award-winning futures brokerage services and personal support.  Click here to check out NinjaTrader!

If you’re reading this you have to subscribe!!  if you’re already a part of the community, share the link with a friend who you think might benefit from the knowledge.

Develop Your Edge is a weekly YouTube show hosted by 23-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony and his guests discuss what they are doing to Develop Their Edge in trading futures! Past performance is no guarantee of future results.  Derivatives trading is not suitable for all investors.