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:
Were you invited to the party? The market at the end of last week spiked with the level of volume that we haven’t seen in over a year. A trader is responsible for identifying different kinds of market environments. A high volume high volatility market is definitely his favorite. With straight-line runs of over eight and nine points the opportunities are truly endless when we have this kind of market. There were times within the last year were only one or two […]
This is what the FOMC statements used to do, bring back the volume and volatility in the market. Many traders as soon as a year ago used to trade the afternoon session during the FOMC statement. The markets have been in a lull for the better part of eight months. The United States and most of the global economy has been stagnant since the initial crisis of 2001. After the additional crisis in 2008 things got even worse and we haven’t officially […]
If anyone would have told us that day trading was possible from a plane at 15,000 feet it would have been assumed impossible. Then again if someone told me I would be day trading and traveling around the world they would be presumed fanatical as well. It would be easy to fathom having problems finding reliable Internet in places like Somaliland and Ethiopia (mostly Ethiopia from our experience). Africa would be the last frontier for reliable Internet access outside of North Korea […]
The collapse of the American dollar is being accelerated in a massive way by the way the United States government. This is a result in how it is funding the escalating debt and liabilities of the federal government. As stated previously in another article the United States is now unable to fund through taxation over 40 % of the national budget. This is one of the major challenges of investing in 2013. It becomes quite troubling to realize that the U.S. Government […]
If there’s one thing that I miss about day trading in India it was eating food. When it was time to eat we were always concerned about getting sick afterwards (read our day trading & India travel blog) There is no nice way to say this but it is not an exaggeration. I tossed out my food (from both ends) more in the two months in India than I have in the last 15 years. I know what you are thinking and […]
Sometimes we win some and other times we lose some. The market started off beautifully on Monday with two nice winners. Considering that the market was moving very well it was decided to continue trading. The wrong decision in a week where the volume would begin to slow. It was unusual to see the market moving so well first thing in the morning lately. We have been seeing unusual behavior in the Emini S&P 500 for the first hour or two of […]
Day trading throughout the year is extremely intense and demanding. It is not physical exertion that gets to day traders but rather the mental aspect of trading. The amount of focus and energy that is required to be successful in the markets is extremely high. Many of our traders decide to take a nap after a successful day of trading. There aren’t many unsuccessful traders using the Congressive Trading System so all of our traders get plenty of rest. The market activity […]
The impact of debt on the value of the dollar is being closely watched by domestic and international investors. In a previous article concerning the decline of the dollar we discussed the evolution of the dollar in the second half of the 20th century. The decline in the value of the dollar over a generation was coupled with economic growth and a continuing rise in the standard of living for many Americans. The shrinking dollar was a cost that most Americans seemed […]
The learning how to day trade project has been nothing short of amazing. A few years ago we embarked on a quest to truly comprehend what it would take to become a day trader. There were endless questions of how long it took, what it would cost, and whether personalities and backgrounds would matter. The learning how to day trade project was also about giving someone else the opportunity to live their dreams. This is another reason why we rented the Jordan […]
Last but not least is the final recap for the first full week of February. The week was truly a tale of extremes. Something that comes very familiar from visiting India and living in the country for just over two months. Friday brought about the blizzard of the century and aside from being the end of the week it seems as if the blizzard is what took the volume of the market. The blizzard did not end up being that bad in […]
