Today as actually a lovely days trading. As relaxing as taking a nice upward dog pose on todays International Yoga Day. The markets have started to return to a more "stabilised" situation in terms of predictability. The new President isn't so new now, time flies and he has been in power a month already. Amazing. a 48 month term and he is 2.08% of the way through his presidency already. Take out months of campaigning (at least) and he is probably closer to 10% of the way through. Crazy really when you think about it.
Anyway for us it means the markets are now showing us some good opportunities again. Actually quite simple trading opportunities. With our high-probability approach to trading and using our unique approach to predicting market movements we continue to hit an 80%+ ratio of winners when we trade.
Todays market was great. We reviewed the markets before the open and defined both a sell zone and a buy zone. These are kind of self-explanatory and they work extremely well. They can be paired with micro contracts if you are a smaller trader, but are still very effective profit generators.
Today for example with a maximum exposure of two micro contracts on the NQ one of our newer traders managed to bank $200 in one session. Now you could argue they could have made a lot more with minis - which is true but as they have only a $3000 account minis are too risky. Instead they wisely are learning to trade micros, and are aiming to make $100 - $200 a day. So far they are n track to do just that.
In todays video you see an explanation of how to look at your daily charts in order to make the day trading job a lot easier. When the market opens you will see examples of both a short trade from a zone and a long trade - also from a zone. Great trades in what should be an easy to understand format. If you have any problems understanding the trading style, never panic - we offer a free course. Take the course. Learn
Remember: anyone who tells you trading profitably is easy and requires no learning ... is not a trader.
We trade every day and we do it live.
Live trading track record @ 22 Feb 2021
European session: $0 (total)
First session US : +$390
67 trading days with consecutive profits.
218 winning trades, 8 losing, 5 break even.
Trading room profits since 4 Jan 2021:
+$23,807.50
Last 10 trades: BWWWWWWWWW