Educational Day Trading Videos
Latest Trading Videos
Locking in Profit Using Smart Stop Losses
February 25, 2009
We're trading the E-mini S&P contract. We're selling at 746.50. We're using the price and time axis on the chart to help us find trades. That's what we call it price action. NinjaTrader is the trading platform in use. You can download it from ninjatrader.com. We use a large stop loss because of the volatility. Otherwise, we'd get stopped out early. Normally, one point is possible on the ATO method. The two point target is reached quickly. The stop on the second trade is set up to be break-even to protect the position.
E-mini Trading – Better Safe Than Sorry
February 24, 2009
We're trading the March 2009 E-mini contracts. We tried to get filled at 770.25, but it was not possible. We wait until noon for possible trades. Price dropped and went too far away, so we called it a day. Simply put, there was no trade to take because we didn't get filled. The signal was good, but it's better to be careful and not enter a trade based on hope. If you're trading for income, you need to look at it like a business with profit and loss accounted for. Some days you will lose, others will be break-even or no trades. Others will be winners.
Complete Trading Plan for E-mini Futures
February 20, 2009
We have a long signal at 767.75 to demonstrate the ATO (At the Open) software on the NinjaTrader platform. The profit target and stop loss is automatically placed because of the ATM Strategy that was previously configured. All trades are guided by the way the market moves, or as we call it, price action. We want to be done by noon – that's the goal. It's a great day out there and we don't want to be stuck in front of a computer the whole day. We have a free course that is emailed to you. Get the first three chapters today.
Zero Indicators, Only E-mini Price Action
February 19, 2009
The ATO (At the Open) software plots a Short Setup signal at 792.25. This is in the morning. We want to be done trading by noon. NinjaTrader is the platform we're using. The SuperDOM lets you easily place orders with the ATM Strategy placing the profit target and stop loss for you. The course teaches you how to find the setups on your own, so you can use a platform like TradeStation or Genesis. Typically, we don't hold a trade longer than 20 minutes. There's a separate scalping method if you prefer faster action. This first trade was worth two points. What about two more?
Managing Risk with ATO (At the Open)
February 18, 2009
An ATO (At the Open) sell signal appears for 791 on the March 2009 contract. We're going straight for a two point profit target. Traditional indicators lag – they often push you back and forth indecisively. It's better to use price as a basis for trading decisions. The first three chapters of the ATO course are offered on DayTradeToWin.com. The target is filled at two points. If you're not comfortable with risking the extra two points, you could be done for the day here. Price begins stalling out, so we need to exit the trade safely.
All trades should be considered hypothetical. No guarantees or claims of performance are offered. Past performance is not indicative of future results. Day trading is risky and may cause substantial financial loss. Individual performance may vary, as trading subjects your finances to new, unexpected market conditions. You are responsible for executing trades. Before trading, consult with a licensed broker and a financial expert see if day trading is suitable for you.