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Short-term trading is divided into three different styles: day trading, microtrend trading, and position trend trading. One reason that short-term traders have such a high percentage of losses is that they are trained to use a standard one-size-fits-all approach. Usually, the entire focus of this approach is to follow short-term momentum and order flow represented by the ticker. This type of trading is referred to as scalping. There are two fundamental problems with this approach. First, time and sales are usually late, which no one addresses, and second, individuals are not all the same. Your trading strategy needs to be tailored to your trading ability. What works for someone else won't necessarily work for you. Another reason for failure is that short-term traders, especially day traders, aren't usually trained to screen for high-probability, high-profitability trades. I am going to introduce you to seven short-term trading strategies that are extremely successful. With seven strategies to choose from, it is up to you to select those that fit your needs and apply them. This leads us back to my first question. What kind of predator are you? You have to determine what kind of trader you are. Let's define the three types of short-term traders so that we all understand specifically what we are talking about....

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