We were finally able to get the sound working on today’s recap, sadly the sound on the March 1st video won’t be possible. Today is really an example of what is possible when a trader reaches a certain level of consistency in the markets. Trading for roughly an hour a day we were able to extract over 6 points with just one single trend. We always assume 10 contracts being traded as that is the magic number for everyone so that would […]
Market Recaps
March 1st Recap: $2700 – Live Trading Video (Now Updated Student Charts)
This week has been nothing short of fantastic. The market is continuing to move at a frantic pace. Great runs and retracements and the volume is the best that it has been in over a year. We have not seen this kind of volume and movement on consecutive days for quite sometime (over a year). There were some amazing announcements as well, three different traders went live this week. I have asked all of them to give me a full write up of how […]
LTD Project March 1st Recap ES (Live Video): 2 ticks on 3 trades
I think the worst part of a losing day like yesterday is the anticipation of having to wait so long to get back in the market to get a fresh start. Come to think of it, weekends are kinda the same way for me now. It’s ironic that when I was working a construction job that I hated, I couldn’t wait for the weekend, and when it came, in the back of my mind I was always dreading the fact that it […]
LTD Project March 1st Recap 6E (Live Video): +10 ticks on 4 trades
Our first attempt at recording our trades for the day wasn’t the best.Fortunately the audio for the video was corrupted and wasn’t available. We still were able to record the entire session for both the 6E markets in addition to the ES. Many of our traders have started to look at other markets including the 6E, crude, gold, and even the Russell 2000. As part of our ongoing efforts to help everyone make a living day trading we plan on starting to […]
Feb 28th Recap: So You Think Traders Don’t Lose Money?
That sadly is not the case. February 28th was one of those days where the market just didn’t want to behave itself. In a period of time were volatility and volume have spiked the movement we have seen in the market over the last week and a half has been near perfect. February 28th definitely spoiled the party, in the morning session anyway. When we try to quantify results we only include all valid trades in the morning session. The afternoon moved […]
Jonathan's Feb 27th Recap: 2 pts on 1 Trade
This morning I didn’t trade in the 6E market, because as I previously mentioned, I was advised to stay out of that market during any news, of any kind, that is expected to affect the Euro. Todays news was supposed to be an exceptionally high-impact bond auction, which took place over an undetermined amount of time, and had no official “starting” time we could use as a reference. (Forex Factory listed the time as “tentative.”) So with no idea of when it […]
Feb 27th Recap: 23.25 Points – Over $11,000 Even A Cave Man Could Do It.
Could a trader really have made over $11,000? In all honesty that is really subjective. One of the things that we try to do at the Day Trading Academy is try to have an objective way to look at the results. To give you an example, the beginner results that we post on the site are only trades between 9:30 AM Eastern and 1 PM Eastern. Our morning session. . They also only include trades that are valid as per the rules […]
Feb 26th Live Market Class Replay: $4,600 Avail for Beginners!
Sit in your chair and imagine this for just a moment. It is a horrible day, it’s hot, and there is nothing to eat and the house. Your seven years old, loves sweets, and have a problem that in politically correct America we call “weight challenged”. All of a sudden a chime jingles. Could it be? Yes it can, it’s the ice cream man. Day traders are the fat kids right now and the market is the ice cream man. With current […]
Jonathan's Feb 25th Recap: +1.75pts on 3 Trades
Meet Jonathan! One of these successful members of the LTD Project that we plan on highlighting over the next few months. Jonathan has been focusing on trading the Emini S&P 500 at has also started to focus on the 6E. One of the things that we admire about Jonathan is his discipline and focuse. We would never recommend anyone trading their own account live before they find consistency on a simulation account. When we first discussed Jonathan joining the LTD Project he […]
Feb 25th Recap: Over $4,000 – THE MARKET IS BACK!
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 […]