Wow has it been a busy 2 weeks. I haven’t been trading because I was invited by the Israel Ministry of Tourism to tour the country of Israel. If you want to check out how the trip went check out my my travel blog. I originally had planned to update just market recaps instead of my trades but the schedule was so hectic I was only getting 2-4 hours of sleep for an entire two weeks. I returned to Kenya last Friday […]
Marcello Arrambide
What You Need to Begin Day Trading
Getting started day trading isn’t very complicated. Some say that it takes a lot of money and others say only a specific type of person can day trade. I say anyone can day trade as long as you have a certain number of tools to get started. The most important thing you need to get started is your sanity. There are only a select number of people that I have met in my roughly 10 year career in the industry that are […]
The Basics of Day Trading
There is a vast world out there that many people don’t know about. A different world with a unique language and a distinct set of people that are involved. Day Trading is one of the most profitable businesses in the world for companies selling day trading software and training, as well as massive banks that have day trading operations around the world. In order to get started with day trading you have to understand how that specific world works. When you learn […]
Day Trading Market Recap: 09/07/11
Day Trading today I was either extremely lazy or there weren’t very many opportunities. If I know myself well I would say that I am lazy but there weren’t a huge amount of opportunities in comparison to yesterdays market activity. Even though there wasn’t a huge amount of movement I was still able to extract close to 9 points out of the market. With only about an hour of trading (1.5 hours with this recap) I would say that is pretty […]
Day Trading Market Recap: 09/06/11
Today’s day trading were the kind of days that I live for. Exceptional opportunities all over the place and I was able to have a 93% win ratio which is incredible. The premarket had a very strong down trend but I don’t place very much weight on premarket activity. Today the market moved perfectly as it was retracing to the midband (mb) to the tick or with small overruns and it barely got any significant pops on the opposite side of the […]
What Kind of Internet Speed Do I Need for Day Trading?
Internet speed for day traders is probably one of the biggest misconceptions out there for everyone that wants to start day trading. When I left the United States to travel around the world I knew that I would have problems with internet. The internet situation in South America and Africa is nothing like more developed countries such as the United States and Europe. Out of the nearly 10 years that I have been day trading, I have used the last two years […]
What Kind of Computer Do I Need For Day Trading?
The kind of computer needed to start day trading is not very complex. There is absolutely no way that you can start day trading unless you have a reliable computer. There are a lot of companies out there that try to sell fancy computers to day traders with flashing lights because people think they need it. You don’t need a computer that can power an entire company and you don’t need a computer with the latest specs. Most computers available on the […]
Online Day Trading Market Recap: 09/02/11
Reviewing my charts from yesterday I realized that I was a bit more aggressive than usual. I have the kind of personality and mind that keeps me going at 100 mph all the time. When I sit down to day trade my leg is twitching and I get ancy when the market doesn’t give me good opportunities. That is one of the things that I had trouble with I first start trading The first five trades that I took today were exceptional. T1 […]
Online Day Trading Recap – Sep 1st
Today’s day trading started by me waking up super late since I went to sleep at 5 in the morning working on things with my travel blog. Sometimes you just get ahead of yourself and I completely lose track of time, thats exactly what happened with today’s day trading. As I was writing a post I was glancing at the market and saw T1 & T2 setup. They were as picture perfect as any trade could be I put in an order for both […]
Online Trading Market Recap – 08/31/11
Today’s online day trading activity was a bit different from previous days. It started with a nice trend to the upside but the market wasn’t running like it has been during the course of the last few weeks. You can see the market really starting to settle down and there is much less volatility. Even though there was less volatility in the early morning once 11am rolled around we were off to the races again. Today I made very good decisions but […]