This gives mij a Meaty advantage te the prompt moving markets that wij’re trading.
- January 14, 2018
- Ross Cameron
- Day TradingHotkeysLightspeed
- Day Trade Warrior Blog
Wij have very few advantages spil retail traders. Wij all know the people who make the most money te the market are the high frequency traders and the big hedge funds. Individual retail traders stand little chance of being successful, but those who are successful have learned to corset technology to give them an edge.
One of the critical instruments I use every single day are my Hot Keys. Hot Keys are key directions connected with my broker so with the touch of Two keys I can send live BUY or SELL orders. I can get into or out of a stock ter the time it takes mij to press two buttons. This gives mij a Fat advantage te the prompt moving markets that wij’re trading.
Spil many of you may already know, I love volatility. I search the market for the most volatile stocks because I know that is where the profit potential will be. Unluckily, it’s all too effortless to see a $500 profit turn into a loss because you weren’t prompt enough on the sell order. This used to toebijten to mij before I embarked using a broker that permitted hot keys. Now with my hot keys setup and memorized I’m quicker with my trades and more profitable.
Trade Lightning Quick With Lightspeed
I use hot keys with my preferred broker, Lightspeed. If you toevluchthaven’t already read my review of Lightspeed you can check it out here. Lightspeed is a rechtstreeks access broker that utilizes proprietary software to execute trades lightning prompt. This software has very customizable hot key settings. This means you can create a hot key for almost any buying or selling condition you can think of.
My day trading strategies require prompt moving stocks, but that means wij have to be quick to budge ter and out. I will often set an automatic zekering Ten cents below my entry and then use other hot keys to start placing orders to sell my position for a 20-30 cent profit. At the touch of a hot key I can antipara all open orders and bail out of my position at the market price. This permits the flexibly most traders require ter order to be profitable.
To learn about all my hot key settings check out our Trading Course.
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