Don’t have enough time to do a full write up and video for the recap today but I wanted to share the chart. This is the primary thing that we try to do at the Day Trading Academy is to identify market movements and capitalize when the market is moving well. There were two fundamental movements to identify today that indicated the trend to the downside was going to occur. By being able to identify it we just ride the wave so to […]
Market Recaps
Jan 30th Recap: Over $3,300 Available (Taj Mahal Countdown Edition)
One of the things that was always in the back of our minds is how we were going to balance day trading & traveling. If it wasn’t for the likes of Paul and the other students we wouldn’t be able to continue living the lifestyle of traveling around the world day trading. This was the first thought since we posted the very first market recap on the site. We share this because starting last week we have had nothing but students run […]
Jan 29th Recap: Over $5,700 Available
I really should travel on Indian trains more often. One of the things I love about day trading in India is the fact that we are a gorgeous 10.5 hours ahead of the market. This means that my mornings involve lots of snoring and anything else one can concoct on a budding 3 month adventure through India. It was quite an experience taking the train and the highest class available to book didn’t have privacy, comfortable pillows, nor a bathroom that smelled like glorious popery. […]
Jan 18th Recap: 3.75pts – 100% win ratio
Jan 18th was options expiration day. One of the reasons why we are able to continue to thrive in the markets is because we use a variety of sources in order to improve the Congressive Trading System. It isn’t just about sharing new ideas and concepts with traders that we have been trading with for close to ten years. No, it’s also about having our student experts chime in on what’s important. The markets are always going to change throughout time and […]
Jan 17th Live Trading Update: Reached Target TO THE TICK!
Today we hosted our own traders and invited other traders to join us in a live class to see exactly how we read the market. The market was slow and wasn’t moving in a great manner but we did have a handful of opportunities. The market started off with extremely strong momentum, similar to Jan 16th. If you were following our Day Trading Academy Facebook page we provided live updates! Here is the initial chart that we had this morning with the […]
Jan 16th Recap: The Fool And His Bets: 7.5pts
Day Trading in India never felt so good. Sometimes a trader has a game plan that goes perfectly and other times it goes far from perfect. The market is all about probabilities and as soon as we are able to recognize what the market is doing we are able to quantify that. It’s important to realize how the market moves in order to understand market structure. Once this occurs a trader begins to have a deep comprehension of what the market can […]
Jan 14th Recap: The Movement Is Back! 5+ Points:100% Winners
The movement is finally back! Great overall momentum to the downside today really showed how we are able to adapt when the market is moving well and when it is moving sideways. The Congressive Trading System really allows us to understand market structure and be aggressive in situations like these. Having strong momentum is like putting a cake in front of a fat kid. Fat kids love cake and traders love strong momentum. Our snap crackle pop movement allows us to maximize […]
Can Your Strategy Make Money With 40% Win Ratios? Weekly Recap with Student Trader
Another student that makes only 40% winners and manages to make a profit. I always like to highlight these days because its incredibly powerful to have a strategy where you can still make money when you are only 40% right. We always like to win more than we lose and have our winners be bigger than our losers I’d like to highlight that most of the traders that are winning at 40% are beginners. What we try to focus on is making […]
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. At the end of every year I try to drag […]
Oct 26th Recap: 9 Pts from London, England
I meant to have this up Friday but unfortunately I have been plagued by low internet upload speeds here at the hostel where I am staying and chose to upload the live class recordings for everyone in the training program for this week. One of the things that I make sure I do for everyone is record not just the live classes, but all of the review classes as well. We have traders from all over the globe and as a person […]