Here at Day Trading Academy (DTA), we provide a weekly review of markets and geopolitical events. Below you will find our most recent updates.
Feel free to peruse the most recent Day Trading Academy Blog articles by scrolling down, or choose your topic of interest below:
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
