Day Trading Blog

One of the hardest things for day traders to do is to not have a bias in the market. It’s very important to not think of an expected outcome without analyzing the market. In the recap for last week I noted that we had some of the lowest volume in years so when we approach this week’s trading we can’t automatically assume that were going to have low volume. Now overall the market has not been moving as much but that can […]

I made it back, I’m still alive. After driving to the dungeons of the Best Western hotel, room for 435 to be exact, I have emerged victorious with a new one-on-one session under my belt.  The victim?  Don Giordano, a very young man in his 60s that came down to feel the wrath of Military Training. Okay seriously, it went exceptionally well and with the feedback that I’m getting from everyone that has experienced the Military Training I look forward to doing […]

A little different when I start talking about the amount of money that you can make rather than the amount points isn’t it? The important thing that everyone has to know about the stock market, and specifically  day trading, is that you should not think about the money.  It is counter intuitive I know, but the whole focus when you day trade should be to win not to make money. When we think about the money our emotions get involved, we get […]

Want to know if you can make money in a channeling market? The simple answer is yes you can, the more complicated answer is what kind of day trading strategy do you have?  I find rules based trading to be non sense because we shouldn’t put rules on something that always changes (ie: the stock market). I have what I call a congressive (patent pending-lol) approach to trading that allows me to be conservative when the market is not moving well and […]

I am finally caught up!  This is the last of my trades that I wanted to catch up on as I have been trying to show everyone that you can make money in both channeling markets and also strong trending markets by sharing my personal trades.  I think its important to show what I did rather than just “a market recap” of what my personal strategy did.  It is what this day trading site is all about. My whole approach to day trading […]

I personally don’t like to trade the roll over days because they can be hit or miss sometimes, very similar to the days where we have the FOMC meetings.  I was disappointed by what I saw in the market as I was watching my Tradestation charts.  I have a group of traders that trade for me and plan on integrating them into the training program so they can teach and one of them called me and said I had to look at the […]

What does a market recap really mean?  Lets think about this for a second, do I really want to pay attention to someone who “talks about the market” or do I want to pay attention to someone that “trades the market”?  I have beef with many of these day trading companies that talk about recaps about their strategy because its all nonsense. They talk about potentials and what they could do rather than actually day trading their own strategy.  I’m sharing this […]