I'm interested in day trading and I've heard about the 15 minute rule. I want to understand what this rule is and how it applies to my trading strategy. Can someone explain it to me in simple terms?
7 answers
lucas_lewis_inventor
Fri Dec 06 2024
During this period, observe the market's behavior and note the high and low prices.
Davide
Fri Dec 06 2024
These high and low points within the first fifteen minutes serve as crucial indicators.
TaekwondoMaster
Fri Dec 06 2024
A strategic approach to gap trading involves careful timing and analysis.
CryptoTrader
Fri Dec 06 2024
Use the highest price as a resistance level and the lowest price as a support level.
TopazRider
Fri Dec 06 2024
Instead of rushing in with the crowd, you can wait for the initial volatility to settle.