Archive
Monthly Archives: February 2010
February 19, 2010
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106 Ticks HUGE Day in the Live Trade Room! Don’t miss Monday!
Today reminded us of why our trading methods are so successful! We battled tough markets all week this week, and at times, it seemed that there was no light at the end of the tunnel….not so fast! Tuesday, Wednesday &Thursday and the choppy markets that they delivered were quickly forgotten today when we saw plenty […]
Continue reading February 18, 2010
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14Ticks Today: In a hole? Stop Digging & Follow THESE rules!
Today was a day made for building character, one of those days you heard about when traders tell stories about the struggles we all go through as traders. • We had chart issues at the open, so we had to deal with re-loading charts • The Market was VERY slow today almost all morning • […]
Continue reading February 18, 2010
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(5 Of 5) Trade Management, Fit Your Management Needs
Before we move forward, let’s recall where we left off in the first 4 videos of this 5-part series… 1. 3 Phases of the ‘MOVE’ – Noise, Follow-Thru, Exhaustion 2. The Emotions Behind Trade Management – More Targets, Fewer Stops = long term profits 3. Basics of our Management Method – Quick targets, eliminate risk, […]
Continue reading February 17, 2010
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20 Ticks Today How to get back in your Trading Routine
20 Ticks Today How to get back in your Trading Routine After missing last Friday & this Tuesday for the long weekend, we had the distinct challenge of getting back in the ‘rhythm’ of the markets in order to profit this week from our trading. We always have trouble getting back into the swing of […]
Continue reading February 11, 2010
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74 Ticks We Listened to the Market Day Trading Gold Futures
Today was one of those days that reminded us why we love being traders. Monday, Tuesday Wednesday this week were very challenging, and we were frustrated by the lack of movement and the inconsistency in the price action as the market digested some very important information from Congress & the Fed this week. Today, however, […]
Continue reading February 11, 2010
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Quiz #12 Futures Trading Term And Quiz
12.) For income tax purposes in the US Futures are different than Forex and Stocks because they are classified as…? A.) Echange-Traded B.) Securities C.) Options on Futures D.) Commodities Results For 2010, First 5 are entered! – –Extra Credit Winners! Quiz #1 Quiz #2 Quiz #3 1.) Joe Clark 1.) Roy B 1.) Dave Z 2.) […]
Continue reading February 10, 2010
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17 Ticks Today LISTEN to what the market TOLD US today Scalping Crude Oil Futures
We had another challenging day in the markets today! Once again…we knew today was going to be a tough day, here’s why… • Not much news today • Ben Bernanke testimony @ 10:00am est • BIG Snow Storm on the East Coast, fewer people in the markets This was a good start, but we saw […]
Continue reading February 9, 2010
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63 Ticks Today & EASIEST Way to AVOID Losses Scalping Euro Crude Oil Gold Futures
Today was a great example of how sometimes we need to take our money and get out of the market before we give it all back! We started today with a breaker/2-step combination that made us 21 ticks on the breaker and 14 ticks on the 2-step reversal, so we were off to a great […]
Continue reading February 9, 2010
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Futures Day Trading Quiz #11
Quiz #11 Also called High Frequency Trading, this involves buying/selling quickly to earn quick profit…? A.) Day Trading B.) Scalping C.) Swing Trading D.) New Orleans Saints 🙂 Remember to leave your first name and last initial, a couple of you missed out because you didn’t leave us any of your […]
Continue reading February 8, 2010
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2 Losses, 2 Winners & Charts Crashed! Just another MONDAY!
Once in a while we have a tough day in the markets we trade, and today was the the worse case scenario. We started off with a VERY slow and choppy market today. Crude Oil had all the same trigger lines across all timeframes, so we knew it was going to be slow until they […]
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