Learn Day Trading- THE MARKET IS ALWAYS ALWAYS RIGHT!!! The first lesson when you learn day trading -There is no fighting in – THE MARKET IS ALWAYS ALWAYS RIGHT!!! and if you think you KNOW what the market will do … Continue reading →
How to become a day trader? Would you pay $500 for tickets to see Tom Brady play as the quarterback if he never bothered to train. Slept in. Couldn’t be bothered with the grunt work of the daily grind? In … Continue reading →
Emotional Capital in Day Trading What is important when you are becoming a day trader? Day Trading isn’t about the BIG profits, but about emotional capital. If you’re constantly missing your targets, you know what happens? Your confidence goes to … Continue reading →
Get Out of Your Losses Quickly! Get out and get out fast!!!! the biggest error, especially beginner traders, make is staying too long in a losing trade THINKING, HOPING, BELIEVING it will turn in their favor. It doesn’t and you … Continue reading →
FOMO (Fear of Missing Out) is Rampant in Day Trading What happens when you see an awesome trade forming, and you didn’t get filled. (NO fills are very common). You start to ‘CHASE’ the trade. You desperately try to capture … Continue reading →
Futures Trading Training –Respect the Market Here’s the thing, everyone thinks they can out think or predict what the market is going to do. It’s totally impossible!!! It’s like saying what is mother nature going to do next. How can … Continue reading →
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLAIMER: HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.