You Know Day Trading is Definitely the Road to Working Only a Few Hours a Day Is Day Trading Worth It? On your time. No one to answer to. PLUS you can do it from anywhere in the world. BUT…. … Continue reading →
What in the world are technicals in Day Trading? It’s understanding what is happening in the market this very second. And it has nothing to do with what Jim Cramer is saying. Or if some CEO is having an affair … Continue reading →
What is Risk Management? The absolute number one thing you must – MUST – implant and stick to if you are learning day trading for beginners. Or you will lose and you will lose a lot. Every single trader has … Continue reading →
Technicals of Day Trading Now that we know stuff surrounding what the trading logistics are it’s time to get to the meaty part. The Market! The Charts! The Indicators and Patterns! These are all that you will ever need. My … Continue reading →
What is Your ONE Thing? How to make a living trading futures? Trading is NOT like investing. You do NOT diversify. You do not have tons of instruments and equities going on. Do one – one instrument or one specific … Continue reading →
If you want to make a living trading futures, you need to educate about trading. I’m appalled by the amount of people that contact me saying they are trading live and don’t even know what a trend up, trend down … 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.