Welcome to Somaliland! I have arrived at what is my final destination in Somalia where the internet is far superior than I ever imagined. I’ve managed to find a friend of a friend that also has internet in his home, very fast internet to be exact. When I arrived in the vastly misunderstood country territory I honestly didn’t think that I would be able to day trade. Ethiopia has some of the worst internet that I have experienced while I have been […]
Marcello Arrambide
Day Trading Recap October 21st 2011
After almost 10 days with internet speeds of the era of the Roman Empire I have finally secured a great connection here in Toliara, Madagascar. I’m currently using a Wi-Fi connection at the Bo’s Restaurant, if you are ever in Tolaira make sure to order the Zebo Steak, it’s excellent. Later I realized the reason why this is the only decent connection in the country, the main underwater fiber optic sea cable connects to Madagascar via Toliara. If you are interested in […]
Day Trading Recap October 20th 2011
Today’s trading is very unique because there was a variety of changing market environments. I’ve included today’s pre-market chart to give you an idea of what I was looking at before today’s trading. Hours of analysis isn’t needed, you can gauge what’s going on in the pre-market in roughly 5 or 10 minutes before you are ready to trade. You can see the indecision in the market with the erratic behavior; strong runs, long bars, whipping back and forth. Normally there is […]
Day Trading Recap: 10/4/11
I started looking at the market a bit earlier because there has been good movement in the premarket. It has worked out well so far especially since there is a great restaurant I have started to frequent every day. The first trade is a bit aggressive because the market overran our areas but the momentum was still there. Worked out very well if you notice, aggressive in, aggressive out. Didn’t look for a massive run just got out at the first area. […]
Day Trading Recap: 10/3/11
I have officially arrived in Madagascar! I would have loved to start day trading here in this fascinating country but I can already tell that the internet speeds for day trading are atrocious. They recently installed a new underwater sea cable from South Africa but it is the interior of the country. I inputted a few sim orders and it took the system a few seconds to put in the order and cancel it. If it takes that long to read a simulation order I’m […]
What Day Trading Companies DONT WANT YOU TO KNOW
It would surprise you to know the things that go on behind the scenes at the day trading companies that promise success and millions of dollars after you buy their magic program. The most common thing that anyone learning how to day trade will go through is purchasing several day trading strategies, software, and coaching. Together, all of these costs can reach tens of thousands of dollars. Most day trading companies out there sell packages upwards of $5,000 (and much higher) and […]
Day Trading Recap 09/30/11
Today is one of those days that I live for. It doesn’t happen often but when you have 100% winners it really makes you feel good. I still remember the day when I first started day trading that I decided to stop losing money and actually get on the ball. It was a Sunday around 5.05pm to be exact. I was back testing charts when I reviewed my logs and realized that I was making the same mistake over and over. Sound familiar? […]
Day Trading Market Recap 09/29/11
Welcome to Livingston Zambia! What do you think about my day trading office in Zambia? The internet at this cafe is really pushing the boundaries for the required internet speeds for day trading. There are days when I start looking at what’s going on in the pre-market. While today was not one of those days, looking at what happened between 9.00am and 9.30am I really wish it was. I could have been done at 9.45am today and could have explored the city […]
Day Trading Market Recap: 09/28/11
In comparison to the amount of points I have been making since I started this site, only making 5.5 points doesn’t feel really good. In comparison, any day that you make money and over 2/3 pts at that, is exceptional. After a while when you become a professional trader, it’s not about the amount of points you make everyday, it becomes a game. The point of any game is to win. To extract as many points out of the market as you […]
Day Trading Market Recap: 09/27/11
WOAH! One of the things that I hate about not being connected to the world (example: my trading charts) is that too many things can change in a short amount of time. In, for example, the two weeks that I was in Israel and didn’t even look at a chart. If you take a look at my market recap from yesterday you will find that my time at the bottom of the chart is set to local instead of exchange. I was […]