It’s midweek and I can honestly say that it has been a fantastic week so far. I’m going to start making updates to the LTD Project in terms of what how I started, why I wanted to do this, and even how I chose the specific traders that I plan on incorporating in the program and training via the LTD Project.
For those of you that do not know what the LTD Project is, I am taking a group of day traders and giving them complete training and chronicling the entire process an order to show everyone what it takes to be a day trader. I plan on answering most of the general questions that I get from everyone that I have ever met over my 10 year day trading career:
- How long does it take?
- How much does it cost?
- How long will it take me to become profitable?
What people don’t understand is that you don’t have to be smart to day trade, you don’t have to be young or old, you don’t even have to have money to start. I have the firm belief that when you really want to do something there are always ways to get it done. When I first started I took out $25,000 in student loans while working for eight dollars an hour at a job that was getting me nowhere. I didn’t think for one second that this wasn’t the work, and while it took me a little longer to be successful, it was my own fault because I’m one of the most stubborn people that you are ever going to meet. My schedule right now looks like this:
- Trade in the morning until I’m done (between 11am to 1pm est)
- Go to the gym
- LTD Project Training (12pm to 6pm)
- LTD Project Training (8pm to 10pm)
I really love when the market moves the way it has been moving this week, there hasn’t been significant movement but the most important thing is that it has been respecting our areas and moving well. You can see by the recap from last week that even though we have low volume markets it’s still possible to make money.
Click here to see the complete list of Market Recaps