My day trading secrets

1. wait 2 days after the extreme point day, if no trend reversal happens,
follow the trend, long/short at the reaction

2. take profits when next extreme point is made

The profit target is: the depth of the reaction from the extreme point


Also, remember that never hold day trading positions for more than 2 days. The goal of day trading is to seek some capital appreciation while maintain liquidity and the defensive purpose.