I have arrived back on the mainland thanks to my favorite airline in South America, LAN Airlines. Traveling to Easter Island was nothing short of amazing and I would highly recommend that you visit the isolated island before another earthquake or tidal wave takes out all the Moai Statues (hopefully doesn’t happen). Due to the recent earthquake in Costa Rica we were set to receive a tidal wave on the Northeastern part of the island. I went with a new found group of Brazilian […]
Market Recaps
Sept 5th Recap from Easter Island: 13 Pts & A Lot of Moai Statues
This may be one of my last days on Easter Island so I have been traveling around the island once again in order to take enough pics to share with all of you. This is an amazing place and a very unique location in South America (its off the continent I know but South America is the only way to reach Easter Island). I would put it right up there with the Galapagos Islands and Machu Pichu. The market volume has continued […]
Sept 4th Recap: 10 pts from Easter Island
Welcome to Easter Island everyone! I have been traveling around the island for the last week continuing my day trading and traveling. The internet on the island isn’t the best but I was able to find an internet cafe in the center of town that has internet reliable enough for trading. It has been nothing short of amazing as I have been able to visit all of the Moai statues while traveling along the entire island. You can drive in roughly 20 […]
Did You Trading Survive The Record Low Volume The Last 3 Weeks?
Im back from my trip exploring the entire coast of northern and central Brazil and immediately started looking at the market in a different way. I always look back at the market activity and was obviously bored with the slow market activity the last few weeks. Boy was I in for a suprise The volume that we have had for about the past three weeks has been some of the lowest volume since the years 2006 & 2007. Say what? We had […]
Aug 7th Live Class Recap: 4-13 Points Available
Phew! What a great day to come back to the markets. I was busy exploring the interior of Brazil over the weekend and had the opportunity to stay the weekend at a favela. Fa-ve-la: A shantytown or slum, especially in Brazil Aside what you are thinking, when I day trade & travel I prefer to explore these neighborhoods instead of staying at 5 star resorts because this is where you find the real people in a country, real personality. When I travel it […]
July 31st Live Class Recap: 4 to 14 Points Available
July 31st was not the kind of beautiful day that we had on July 30, but it was certainly a day where you could have made money in the markets. Ahead of all things including indicators, day trading gurus, and even breakfast doughnuts, being able to identify momentum is one of the most important things that any day trader can understand. July 31st was a very unique day in that we started off with overall momentum down and that turned into a […]
July 30th Live Class Recap: 7.25 to 16 Pts Available
We are hosting a series of live classes this week for everyone that is part of the training program and the week could not have started off any better. July 30 was one of those days that day traders live for, one of those days where you end up with a big smile on your face at the end of the day. Everyone that attended the class and sent in their charts did a fabulous job of managing their trades and minimizing […]
July 20th Recap: 12.25 Points in a 3-4 Point Range
Today is one of those days where I approached the market very cautiously due to options expiration week, and more importantly, options expiration day which happens to be today. Whenever we have options expiration week we have seen the market behave in an erratic manner which means we need to be aggressive with our exits to ensure that we lock in profit. The market typically doesn’t run on days like today. The premarket today started off very strong to the downside which […]
July 17th Live Market Class Recap: 4.5 – 6.5 Pts Available
One of the most important concepts that we talked about on July 17th in the live class was momentum. It is so important to be able to understand the micro momentum and know when to go long and short and also the macro momentum in order to understand when to be aggressive and conservative. One of the biggest problems that I see in people’s trading is not being able to make the switch, today was a day that started off straight to […]
The Uneventful July 13th Market Recap – 3pts
These are the days that all day traders detest, a massive 19 point range where the market continued to fly to the upside and there were but a handful of opportunities to take advantage of. It’s even worse when you try to take trades and you just don’t get filled. I wanted to share today’s recap simply because I want to prove to you that it’s not about making double-digit points every day. I have shared when we have had absolutely massive […]