Full write up coming shortly… see video at bottom of post As traders it is as important to learn when to stay out of the markets as it is when to get in them and make money. The chart above is from the early morning session and the chart below is after the market broke out of the range. We were sending live updates via The Day Trading Academy twitter page. Notice how the market eventually hit our overall target areas (watch […]
Day Trading Blog
Master Trader Recap: 3.5 Pts on October 7th
Our master trader won’t have time to do a full write up but I asked him to share his chart so we could show what the possibilities were for today. He is an up and coming master trader that has a unique eye for the markets. Excellent job of minimizing his risk (while even making mistakes) and deciding when to quit. He could have still made quite a bit if he continued watching the markets. One thing that many traders realize is […]
Sept 30th Recap: The Hit Man is Back! 4.25 pts
You remember the Hit Man don’t you? We recently met up with the Hit Man on his last day of work when he decided to quite his job and become a full time trader. This was the beginning of our Great Master Trader tour where we traveled across four countries to visit with our master traders that were living their dreams. Look forward to sharing more from the Hit Man! I really enjoy coaching and exchanging ideas with fellow traders, but there […]
Sept 23rd Recap: Ice Man Is Back 2.75 Pts
The way I trade Hey guys and girls, I know it has been a while but I am back with my view of the market. The hockey season has just begun and it has been very hectic, hence my vanishing act. Today was a fantastic day to show why it’s very important to not always rely on the indicators. I traded for an hour and made 2.75 points. While that is nothing to write home about, I was happy to be able […]
Weekly Investment Insights: Sept 21st – The FED Doesn’t Taper
The major news this week was the Fed announcement which stated that they were not going to taper and slow down the 85 billion dollar injections into the financial system. Currently the Fed is in between a rock and a hard place. If they taper the economy will continue to stagnate and is likely to collapse but if they continue with quantitative easing the dollar will being to collapse. (The sound issue is known in the video for some reason there was […]
Sept 19th Live Class Recap – Mini Lesson On Adapting to Changing Market Environments
Full write up coming shortly we are currently heading out to meet with some of our in house Colombian Traders. Click here to access all market recaps
Sept 17th Master Trader Recap: 2.5 pts "Trading from the Loss-Side"
I have the pleasure of introducing another trader that has risen to the ranks of Graduate Master Trader status. We have a great range of master traders now that are able to capitalize on exceptional market movement. Everything from traders that trade all day, those that trade for only 10-20 minutes, and others that hold positions a bit longer than most. This trader has begun to develop his own style which is a bit more long term than most of us at The Day […]
Reflecting on Success, Day Trading, And Freedom
It is quite surreal to return to the city where everything started. By everything I mean leaving a certified paycheck that I would receive two times a month and the decision to quit in order to start a new nomadic lifestyle. Walking into the unknown is something that is very difficult. Doing something different that our societal norms state we should do is even more arduous. Before I left the United States permanently and wanted to live a life of day trading […]
Weekly Investment Insights: Sept 13th – Recovery of Global Markets & Middle East War Fears Declining
In this weeks investment insights the two main topics are the recovery of the global markets and the declining war fears. A tentative agreement was made that there will be an agreement to make a negotiated settlement that Syria will give up its chemical weapons. China economy is doing better as expected and helped European expectations of economic growth as China is a major trading partner of European Union. Remember that China is the second largest stand alone economy in the world. Together […]