Today really highlights what we have to learn in order to become a consistently profitable day trader. There are going to be beautiful trending days and other times we are going to have slow-moving and sideways markets. Another one of our traders arrived today in Colombia and he was exposed to some of the ability of how we are able to read the markets. The behavior of the market today was more unusual due to the Columbus Day holiday. The volume was […]
Day Trading Blog
October 10th Recap: 6+ Points (Over $3,000 Available)
The market has definitely moving exceptionally well the last few days. Whether or not we make a million dollars a day or not is relative. The goal is be able to make money consistently every single day. We always try to put this into perspective for new traders that are excited about making money in the markets. If we are able to read the markets and understand market structure that is when we are going to be able to make money every […]
October 9th Recap: 4+ Points (Over $2,000 Available)
It only took twelve minutes in the market today to take advantage of the beautiful trending market to the downside. If you compare today’s activity with yesterday we will see that today was the day to allow trades to run and maximize profits. Yesterday was a day to show discipline and restraint in the market. This is one of the concepts that we are going to be speaking about at the International Finance and Economy Symposium at EAFIT University here in Medellin, […]
October 8th Recap: 2 Trades 2.25 pts ($1125 Available)
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 […]
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 […]