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First Trading Day in 2013 Was Stupendously Boring (5+ Points)


Today was an exciting day for me, my first official day trading in 2013 and it was gloriously boring. The volume was extremely low at well below half of the daily average and the market was moving slower than “Latin time”.

I was however, as excited to trade the first day of 2013 as these four gentlemen below.  I forgot to ask them why they couldn’t just fit 5 on that scooter.

scooter in india

At the end of every year I try to drag myself away from the markets in order to get some much needed rest & relaxation.  In 2011 I reserved a two week cruise to Antarctica, 2012 brought my infamous reunion with the country where I was kidnapped & shot at, Venezuela, and 2013 couldn’t have been started better without exploring the land of the kings.

A 15 day trip visiting the state of Rajasthan, India.

If you didn’t know Rajasthan actually stands for land of the kings, Raja is King, and sthan is land.  What was most exciting was not even curiously wondering whether I would have fun on the scooter above. No, no, riding with four men is much too exciting in this day an age.  They actually have scooters with 7 men, amateurs.

It was exploring the palaces that were built anywhere from the 15th to 18th centuries and actually sleeping in the same room where the Raja (king) would sleep himself.

India has been nothing short of amazing and I was even able to get a bit of shopping done for our day trading center that we are planning in Singapore (others are being planned in Colombia, Brazil, Europe, & N. America).

Visiting Rajasthan

Our 15 day itinerary through Rajasthan, India

We have a great group of traders, both professional & learning, that have taken the Congressive Trading System to a whole new level.  Spending time in India has allowed to realize where we want to put our focus in 2013 & its all about our traders and making them better.

Day Trading in 2013 is going to be all about taking it up another notch.

Since most of us have been taken advantage of in the day trading industry, myself included, I am very weary to allow anyone to teach that isn’t a real trader that is trading their own accounts live.  Luckily we have had an answer to our prayers with so many student traders coming online and becoming profitable.

What better way to make day traders better than to have them teach and have our new traders learn from those that are actually making money in the markets.

I don’t want to spill all the beans on this post but I have heard rumblings in the industry that day trading is dead or that the E-mini S&P 500 is no longer “worthy”.

We beginners were able to average just over 2 pts over the course of last year and with the expected volume and volatility increases coming our way in 2013 it will only get better from here.  We are hosting a series of live classes for the next three weeks until we take our next trip to holy city of India, Varanasi.

It is all about working hard and enjoying it.  Who wants to sit behind a desk from 9 to 5?  Lets have a great 2013!

Click here to see the complete list of Market Recaps

5 Comments

    1. Hey Tom we give all the settings and indicators to everyone in our trading program. We’ve optimized the indicators to ensure they react properly to the market with volume & volatility.

  1. Hello there, the image with the boys on the scooter is quite unique. I would like to use that for publication purposes. Would you perhaps be willing to sell the original image (depending on size and quality)? I would very much look forward to your reply.

    Many thanks

    With Kind Regards
    Kunwar

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