The last time we calculated our Atlas Line monthly results was back in August 2012. Let’s take a look at September through December, 2012. Remember, past performance is not indicative of future results. There is substantial risk of loss in day trading.
Data used is from the Recent Trades page.
Calculations were performed manually – there is room for human error.
September, 2012
Total # of trades = 48
Total # of days traded = 19
Total net profit or loss (using 10 contracts excl. fees, slippage, etc.) = +$14,500
October, 2012
Total # of trades = 60
Total # of days traded = 20
Total net profit or loss (using 10 contracts excl. fees, slippage, etc.) = +$11,125
November, 2012
Total # of trades = 74
Total # of days traded = 21
Total net profit or loss (using 10 contracts excl. fees, slippage, etc.) = +$27,325
December, 2012
Total # of trades = 65
Total # of days traded = 20
Total net profit or loss (using 10 contracts excl. fees, slippage, etc.) = +$18,625 These December, 2012 results were updated on January 10, 2013 to include the complete month.
In these times of great economic uncertainty, Germany is in the spotlight as the country assumed to take part in saving its debt-ridden Eurozone counterparts from total collapse. Due to a weakening Euro, German exports became more attractive to the world marketplace. Investors, noticing the decline of Greece and Italy, then invested in Germany. This transfer of money has made borrowing much easier in Germany compared to other Eurozone countries. In many ways, the European debt crisis has made many Germans wealthy; however, there is concern about its financial role in assisting the country’s less fortunate neighbors.
Italy’s newly appointed lead economist, Mario Monti, is said to share Germany’s modus operandi in terms of economic principles. These principles consist of a capitalistic free market, fair competition and social equity. As stated by an Italian newspaper journalist, “His (Monti’s) idea of a social market economy is very near the German model. You do have competition, you have capitalism. But at the same time, the government is very active in the economy, you have a generous welfare state.”
The U.S. dollar is considered to be the world’s benchmark for comparing the relative costs of country exports. In many cases, the values of non-U.S. currencies are fixed to a set level to reduce export costs for these countries. A perfect example of such price fixation comes from a report released just yesterday (Nov. 14, 2011):
“The yen dropped as low as 79.55 against the dollar following the intervention (by Japanese authorities) after it reached a record high of 75.31 yen earlier that day. On Monday the dollar was around 77 yen.”
On the other side of the coin, there are also those who want to shift away from the Euro. Instead of a total (and likely chaotic) dismantling into self-sustained country units, the belief is that a gradual breakup will ease debt management. Countries would then be able to manage their own currencies and exports. In fact, a British CEO is offering a $400,000 prize (second only to the Nobel in terms of monetary reward) to the person who comes up with the best plan for one or more countries to leave the euro.
What can we learn from these recent events?
The world operates on a delicate framework of money deliberately pushed around by governments and private financial institutions.
Exports are used to determine a country’s financial health and worth in comparison to others
There is great disparity in proposals for coming up with a solution to debt resolution
Since we at Day Trade to Win are primarily futures traders, we can profit in the short term with minimal leverage, unlike stocks. Stocks are usually longer-term and are less liquid and are less affordable (more expensive). Additionally, our trading is based on price action. We trade real-time conditions. If the Euro is on the ride down, there is usually a direct correlation in the E-Mini S&P, and we’re entering to make profit all the way down. We do trade the Euro and other currency futures as well, but this is just an example of our preferred market (the E-Mini). This is why we’re seeing an influx of interest coming from former stock traders who want to get in on futures volatility. For the next year at least, it looks as though the ride will continue.
What are your thoughts?
Is the manipulation of currency values essential for maintaining worldwide economic stability?
Will there be a ‘trigger’ moment that will cause Eurozone countries to abandon the Euro? If so, do you think this trigger event will be social, political or (hopefully not) a natural disaster or act of war?
Is there a fix to the world’s current economic tension? Is this the cause of an increasing population and income disparity?
Yesterday, John Paul recorded a video showing how he used the Power Price Action method to snag a 4 tick move in the E-Mini S&P. Notice how is chart is completely free of indicators – that’s because he knows how to enter based on price action (particularly, the Power Price method). The trade setup was objectively identified during a live educational session, allowing for attendees to see how simple it was to capture a few points. The market told him that it was going long, so all that he had to do was place a respective order.
The Power Price Action course consists of 4 DVDs that teach you the method and other price action strategies. You also get 8 weeks of live training with John Paul, where he shows you how to trade the method live. Yes, it works with other indices, Forex, currencies and other markets.
That’s right – we only have three spots remaining for the Private Mentorship group training program, an amazing deal. You can attend group lessons for an unbeatable price of $3800 (two separate payments, the second deducted automatically 30 days after the first payment). These private group lessons include everything the normal one-on-one Private Mentorship Program does, only for far less!
We expect these final seats to fill quickly. Lock in your payment and get ready to trade price action like never before! Remember, this $3800 program includes all Day Trade to Win software and method (Atlas Line, ATO, etc.) just like the one-on-one program does. You’ll get lifetime licenses and access to the live training / trading room with John Paul.
NinjaTrader 7.4 Atlas Line, ATO and Scalping Software Updates
Atlas Line, ATO and scalping customers – remember to contact us for a free software update to ensure compatibility with the latest version of NinjaTrader, 7.4.
Two Nice Short Atlas Line Signals Today on the E-Mini S&P
If you’d like a free update:
• Send an e-mail to [email protected]
• Please include the name used during the original transaction.
• Please include your Machine ID.
In case you missed the presentation by Jim Crimmins of Traders Accounting given on March 23, be sure to watch the recording below. It contains money-saving tips that benefit traders and non-traders alike; very important this time of year (tax time).
Please click this image to view the webinar. Note that clicking this image will take you off-site to a page that requires registration.
In the presentation, Jim covers the following:
Trading as a sole proprietor
The IRS “special rules” surrounding “Traders Status”
The recent Frank Chen Tax Court Case, and what it means to all traders
The advantages and disadvantages of trading as a formalized business—what type trader would use a formal business?
Partnerships
LLCs
Corporations
Is there a cookie cutter approach to tax savings for a trader?
The taxation of 1256 contracts
The difference
What types of trading business would fit in this category
Traders – a quick an easy profit today right at market open. Before the drop in price, the Atlas Line generated a short signal, in addition to the line being drawn above price (indicating to take short trades).
Price action chart trader John Paul educates webinar participants on how his Atlas Line day trading software works, outlining the trade setups and how price direction can accurately be determined in advance. For this February 17 webinar, over 60 viewers were in attendance to ask John questions and make requests to see how the Atlas Line interacts with their preferred markets.
Here’s a 10% discount coupon code off the 6-month or lifetime license: 10OFFDTTW Here’s the Atlas Line page, which will guide you to the shopping cart where you can enter the coupon code.
Yesterday we had huge swings in the markets. Anyone who stuck around to see the huge swings intra-day didn’t know where we were going to wind up. First at 9:30 AM EST a huge down turn when the market opened. Then late in the day another huge rally for 10 points followed by 15 point sell off.
lack of direction is an understatement expressed in Today’s price action of today.
We grabbed 2 points using the At the Open method and called it a day.
When the market lacks smoothness, I would rather grab a lower point value, rather than sit and hope.
Price action could be more favorable and a bit more trending some days, and that is where I would go for the 4 points.
Even in these volatile times we were able to capture a piece of the pie. With this big Stimulus package now getting passed, the markets still don’t have direction. Most of the day’s action was in a huge range and will likely stay this way because of the uncertainty revolving around the economy.
Will all this money move the market up? Who knows, but uncertainty will most likely continue without a major direction.
Is this something that I look forward to?YES!
The S&P will defiantly give us a ride, and as day traders we can catch some pretty good moves.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH TRADING FUTURES CONTRACTS CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION SINCE ALL SPECULATIVE TRADING IS INHERENTLY RISKY AND SHOULD ONLY BE UNDERTAKEN BY INDIVIDUALS WITH ADEQUATE RISK CAPITAL.
ANY ADVISORY OR SIGNAL GENERATED BY DAY TRADE TO WIN IS PROVIDED FOR EDUCATIONAL PURPOSED ONLY. ANY TRADES PLACED UPON RELIANCE ON WWW.DAYTRADETOWIN.COM SYSTEMS ARE TAKEN AT YOUR OWN RISK FOR YOUR OWN ACCOUNT. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. WHILE THERE IS GREAT POTENTIAL FOR REWARD TRADING COMMODITY FUTURES, THERE IS ALSO SUBSTANTIAL RISK OF LOSS IN ALL TRADING. YOU MUST DECIDE YOUR OWN SUITABILITY TO TRADE OR NOT. FUTURES RESULTS CAN NEVER BE GUARANTEED. THIS IS NOT AN OFFER TO BUY OR SELL FUTURES OR COMMODITY INTERESTS.
READ OUR FULL RISK DISCLOSURE AND DISCLAIMER STATEMENT
In these times of great economic uncertainty, Germany is in the spotlight as the country assumed to take part in saving its debt-ridden Eurozone counterparts from total collapse. Due to a weakening Euro, German exports became more attractive to the world marketplace. Investors, noticing the decline of Greece and Italy, then invested in Germany. This transfer of money has made borrowing much easier in Germany compared to other Eurozone countries. In many ways, the European debt crisis has made many Germans wealthy; however, there is concern about its financial role in assisting the country’s less fortunate neighbors.
