Market Recaps

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]