Im back from the coffee region and I haven’t been able to trade because my email inbox has been absolutely massive. I recently became a partner with NinjaTrader to run the indicators that use with them and I had an explosion of emails about how I day trade and travel. A big shout out to NinjaTrader for accepting me as a partner and for everyone that has asked how my recent trip to the coffee region was, here is a picture that […]
Market Recaps
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How To Start Living the American Dream
I live my American Dream traveling & day trading, how do you want to live yours? Starting to live the American Dream is based on the sole premise that there is always an opportunity to make money no matter what circumstances you are in. I truly believe this as I can attest to starting from nothing and getting to the point where I am able to day trade and travel around the world (check out my travel blog). I would agree that we […]
10+ Points on Dec 20th: Market Recap
Today is probably going to be the last day that I trade in 2011 since we are getting so close to Christmas. In addition to that, I will be leaving tomorrow to spend the holidays in Venezuela. I don’t know if you have paid attention to the news recently but Venezuela isn’t the best place to be in the world so far. Leave it to me to visit another dangerous country after being to Somalia & getting arrested in South Sudan just […]
A Measly 3 Points on Dec 19th: Market Recap
When we are day trading we really have to keep the end goal in mind. The goal of trading is not to make a billion points everyday, the goal is to make money every day. Even if you made just 1 point every day in the emini markets you could still do very well for yourself. With the volatility that we have been seeing in the last in the last few months I have been used to make more than just a […]
15+ Points on Dec 12, 2011: Market Recap
Welcome back to Medellin, Colombia! One of my favorite cities in the world I have decided to spend my Christmas holidays in Venezuela and would be heading in that direction tomorrow. We can certainly see the changes in the market as we approach the holidays. There has been a significant increase in erratic behavior as the direction of the global economy is becoming increasingly uncertain and there is less and less participants in the market. Its very interesting to watch. I have my hands […]
Market Recap for Dec 2nd 2011 18 points!
Welcome back to Nairobi, Kenya! I have my Tusker beer ready to watch today’s market. I explored most of the eastern realm of the continent and achieved all my goals of visiting Somalia, South Sudan (world’s newest country), and even day trading in many of the countries that I visited. Soon I will start posting my day trading offices from around the world, so far my office in Argentina & Madagascar are my favorites. I have some very exciting news and also […]
How Much Money Does It Cost To Start Day Trading
How much money does it cost to start day trading is one of the most common questions that I get when people contact me about getting started. I try to be as clear and honest on this site as possible and the answer to that question is very complicated. The reason why is because when someone starts day trading there is a learning curve which involves training. Training is unpredictable since everyone is unique and more importantly, everyone learns at their own […]
23+ Points Today in 3 hours: Nov 18th Recap
Welcome back to Ethiopia! I spent roughly a day in Kigali, Rwanda exploring what I consider the Germany of Africa. Ethiopia Airlines has a habit of having flights in the WEEEE (did I spell that right?) hours of the morning. My flight left at 2am and I arrived at my home (Taitu Hotel) in Addis Ababa at around 7am only to find out that I couldn’t check in because someone else was in my room. What kind of country is this? I […]
Day Trading Recap Nov 3rd 2011
In order to become a good day trader we have to be able to identify, understand, and anticipate what the market is going to do. Nothing in the stock market is set in stone which is why day traders always have losing trades. Nothing works out 100% of the time. In order to develop your skill it becomes not necessary, but crucial, to be able to control your emotions and think 100% analytically about the market. I mention this in this post […]
Day Trading Recap for 11/2/11
Today lasted a lot longer than I wanted it to (especially compared to yesterday) but it was a great day none the less. The market has really been giving us great runs which led me to cancel all targets other than the 5pt max target. You can even see this behavior in the pre-market so I was anticipating a big day in terms of volatility. The behavior of the market quickly changed once it officially opened. Take a look how there was […]