Editors Note: This Day Trading Academy Reviews is brought to you by Jose, one of the newest members of the training program that has gone live. Really love to share these stories as these aren’t just students in the program trading sim and practicing from week to week. I love the fact that Jose only trades an hour a day and he has still be able to see great results. He is now trying to make the transition from working and finding more time for trading.
Love the fact that this wasn’t just one lucky day but a full week of trading as well. What is so impressive of his results is that he was only trading one hour a day and obtained a 47% win ratio. Only 47%!! This is what happens we are able to win more than we lose and have our winners be bigger than our losers.
Looking forward to seeing Jose rise in the ranks into one of our graduate master traders. Here is Jose in his own words:
Hi my name is Jose and I’m with The Day Trading Academy.
I got introduced to this by my brother-in-law on Thanksgiving. He had his Ipad and showed me video of this guy (Marcello) who travels the world and work only a few hours a day. I was amazed, thinking like most would, if it’s too good to be true it probably is. But then weeks later I began to look up marcello’s videos again to see what exactly he does. I began to get curious and thought maybe this is possible. I signed up to the newsletter and got in contract with DTA in December. I held off, committing to anything further at first as I had planned travel for the holidays.
After the new year, I contacted DTA and all my questions were answered. DTA had a seminar on a Saturday in mid January and thought to myself I don’t want to work this regular job for the rest of my life, I have to take a chance, risk, gamble, opportunity, however you want to word it. I signed up not only because of that but because Marcello had noted that he valued time more than money and I completely agreed. Money can won and lost, time cannot.
Notice the 47% win ratio!! Last week is his first week live/First two weeks on Sim
I began to go through the curriculum. Studying, doing the homework and knowing the concept. This wasn’t a college course where you can just forget it after you take the midterm. I even studied and practiced in Japan and Korea due to the fact that I had planned a trip there prior.
Five months later, I’ve finished my first week of live trading. The first day I was excited and nervous at the same time. I just wanted to win that first trade and did for 2 points. It was the only trade I took. It placed a big smile on my face for the entire day. I felt I had to win that to get my mind in the mindset that this actually works. Those 2 point ($100 dollars) were the most gratifying $100 I have ever earned.
The 2nd day of trading I was in the live class but lost 2.5 points. But you win some you lose some. The market didn’t move until 10:30am ET and by that time I had to leave for work as much as I wanted to stay. I checked the market after work and saw I would have been up that day had I been able to trade longer.
The 3rd day there was not a lot of movement. Was a up 1 tick. 4th day was the best day as the market flew and I was up 5.5 points before leaving for work. 5th day Friday I lost 2 ticks. Up 4.75 points for the first week of live trading working an hour a day. I would say that’s not bad but I know I can and will do better.
The next step is to ask to come in an hour later so I can trade 2 hours a day. Eventually the end goal is to make a living off of trading and quit my regular job. I’ll have time to travel, see new places and meet new people, or go back to sleep after trading if I want. You can achieve anything you really want. I’ll leave it with two quotes I like. Two ends of a spectrum but applicable to achieving anything.
“It always seems impossible until it’s done.”
― Nelson Mandela
“The only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can’t achieve it.”
― Jordan Belfort (author of The Wolf of Wallstreet)
say a prayer for Madiba…………….
Awesome story Jose. Keeping us all inspired! Thanks for sharing.