Market Recaps

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 […]

It has been nothing but extremes in the first full week of February. From a $8,000 day on Monday followed by a $1,125 on Tuesday and now a $7,000 day on the 7th. While those numbers sound fantastic we don’t think of the market in terms of dollars and cents. Those people that trade with and for the DTA Trading Army think in terms of points and ticks. The concept here is to understand that the ultimate focus is to make the […]

It is moving day! After a 22 hour journey from the extremes of India we have finally arrived in one of the financial capital of the world, New York City. It’s been a unique few years being able to day trade from exotic locations like Brazil, Colombia, India, and even Argentina. We were able to day trade from London when we hosted our first day trading retreat (seminar). We are now at one of the largest and iconic financial centers in the […]

At last the market recap for February 4th. It has been quite a busy week with our move from India to the United States. We will be spending the next few weeks in New York City attending the traders Expo at the Marriot Marquis near Times Square. It was my last day in India and it was a bittersweet ending. Normally when we start living overseas we immediately procure an apartment. Due to the inconsistencies of service, mainly internet and electricity, it […]

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 […]

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 […]

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 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 […]

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 […]

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 […]