Day Trading Mentor » Charts

Tips To Make Money In Trading Stocks Online

admin — Sat, 23 May 2009 15:32:14 +0000

There are lots of people who have been successfully making huge amounts of money from online stock trading. Following these tips will really help some online traders to make lots of money from online stock trading.

1 – Candle Chart reading in stock trading is the best training step for traders to trade proficiently. By becoming skillful in the activity of reading charts, candlestick charts in particular, you can easily weed out the stocks that will move up or down, depending on other indicators also.

2 – Make a habit of setting mental stop losses whenever you trade or else your entire account will get knocked down pretty quick. You should always cut your losses early and allow the winners to ride. This is one of the tactics of the successful stock trader.

3 – Never purchase a stock that is dropping and think that it will go up suddenly after you purchase it, it never works that way. You should always opt for the stock that is constantly moving up and will keep on touching the heights. So forget the mantra of “buy low and sell high”, get that out of your brain. Its buy high and sell higher.

4 – You should never give an importance to the news. It is better if you work alone while trading online, turn the TV off too. This is because there are frequent highs and lows in the stock market and by the time news like this reaches you, it’s too late. Therefore, you should always use your brain and think for yourself instead of trading using someone else’s knowledge.

5 – You should always search for the brokers whose commissions per share are low or else your profits will be spent in paying the commission to the brokers. Keep in mind also that it should be a reputable broker, and not one of these fly by night outfits offering these outrageously low commissions. Beware.

These 5 stock trading tips will really help everyone to their goal of hitting it big while trading stocks online.

Good stock trading starts first with education, then with practice, then you do live trades. For starters, learn how to read candlestick charts, I highly recommend this as the first part of your education. Candlestick System.

Technorati Tags: candlestick charts, Charts, day trader, day trading, news trader, stock market, stocks

Tradersblog

admin — Fri, 01 May 2009 04:09:44 +0000

By The Art of the Chart

If the trend is up and momentum in the range is positive, the second bounce in a range is often a better entry then to wait for the breakout because it can improve r/rw by a factor 2 to 4

5 min chart of a 2 wave correction into the rising sma 20, click to see 1 min momentum change!

I used to buy when a stock moves up and sell when it goes down. It did take me a long time to realise that this might feel nice, but really does hurt profit potential.Toni showed me the importance of momentum. IPG was a strong mover in the morning but came off the highs. On the 15 min timeframe I saw three bars up, and three bars down, downside momentum slower then upside. Timing is everything and if there is a three bar move I only start looking to buy after it has reacted for at least the same amount of time. When price is near support, I start looking for a change in momentum (or pace as Toni calls it) on a smaller timeframe, often the 1 min chart. I try to enter as close to support as possible. It really improves r/rw. You might think by entering early that a flush move is more likely, but often the opposite it true. Click on the image for a complete marketview I look at.

Many traders would call today a trend day since it started at one end of the range and closed in the other. From the sound of it you would think that you can make a lot of money on these days, yet usually I do worse on those days. Probably because I keep feeling I don’t want to buy the top.

While today might be considered a trend day, it was hard to trade because it was very choppy.

I was late becuase of other business then had a hard time finding something I liked until I spottend HUN, right before it started its final move.

My entry was at 11.ninety, with a stop at eleven.sixty five and I closed at twelve.50, a nice reward, but more importantly the number resistance area (12.5) daily sma 50 resistance. Not much but it was the best I could do today and it was a nice setup.

Please have a look at Online Income too.

Technorati Tags: Charts, forex.day trades, futures, options, trading

System Day Trading – Free Membership

admin — Sun, 28 Dec 2008 16:40:20 +0000

Once only offer, the next 150 people will be granted Free Membership, saving over $199. I have created a brand new website with lots of Free Tools that you will love such as risk calculators, Trading hypnosis MP3’s and Day Trading Systems for all Markets. Sign up as a member, Its free to join and Im sure it will give you an edge with trading!www.SystemDayTrading.com

Duration : 0:1:33

Technorati Tags: Charts, day, forex, futures, market, Stock, stocks, system, trading

Money Management for Day Traders – live day trading (3/4)

admin — Sun, 07 Dec 2008 18:27:07 +0000

Visit http://www.FirstHourTrading.com to find out what works and how to make money in the stock market.

Stock day trading teleseminar. Series of day trading classes to learn how to become a better First Hour Trader. Learn more about the First Hour Trading system at www.FirstHourTrading.com.

Day trading stocks can be very profitable if it’s done the right way.

Day trading online with the First Hour Trading system can help you make enough money in just 1 hour a day to take off and do whatever you like for the rest of the day.

PART 1: http://www.youtube.com/watch?v=ojBEW5WkH2U
PART 2: http://www.youtube.com/watch?v=WTBFanKPr-Y
PART 3: http://www.youtube.com/watch?v=3kHVz-2xmko
PART 4: http://www.youtube.com/watch?v=odL7kq8JZ84

Duration : 0:10:9

Technorati Tags: Charts, day, daytrader, daytrading, finance, invest, make, market, money, nasdaq, nyse, options, picks, signals, Stock, trader, trading

Emini Futures Part 1 Basics (ES) How to trade Futures

admin — Sun, 07 Dec 2008 18:27:04 +0000

How to trade the emini ES Futures Beginner basics Part 1 of 3 parts

Duration : 0:9:35

Technorati Tags: analysis, break, Charts, day, e-mini, Emini, es, futures, list, market, online, out, Stock, technical, trading, video, watch

S&P500 Day Trading Futures System 9-5-08

admin — Sun, 30 Nov 2008 20:56:29 +0000

Do you day trade the stock market for a living? www.youtube.com/user/Eminidaytrader Stock Market Technical Analysis S&P500, Emini & Futures. I WILL SHOW YOU A SYSTEMATIC S&P500 FUTURES DAY TRADING SYSTEM THAT TELLS YOU EXACTLY WHERE TO BUY RETRACEMENTS IN UPTRENDS AND SELL RETRACEMENTS IN DOWNTRENDS TO THE EXACT BAR. ANY SUCCESSFUL S&P500 FUTURES TRADER WILL TELL YOU THAT MAKING MONEY IN THE S&P500FUTURES MARKET IS AS SIMPLE AS THE “RUBBER BAND TRADE”. BUYING/SELLING RETRACEMENTS WITH THE INTRADAY TECHNICAL TREND. BEING A 15 YEAR TRADER AND DAY TRADING FOR A LIVING USING THE E-MINI FUTURES MARKETS, I WILL SHOW YOU EXACTLY HOW YOU CAN DAYTRADE THE S&P500 FUTURES MARKET WITH EXTREME ACCURACY IN ONLY 2 HOURS A DAY. You are now viewing one of the most powerful day trading s&p500 futures systems on the market today. It was designed and developed with a single purpose in mind…MAKING MONEY IN THE S&P500 FUTURES MARKET. Are you like most daytraders that sit in front of their computers all day and trade 20-30 times a day to only make 1-3 points? After commissions you barely make a profit or end up overtrading and losing for the day. How would you like to trade 2-4 times a day and go after the 5-20 point MONSTER DAYTRADES? These are the trades you dream about. Imagine having a day trading system that consistently spots S&P500 FUTURES trades with tight stops. I’TS FINALLY HERE! Welcome to the system that can generate these dream trades every single day. TRADING PHILOSOPHY “TRADE WHAT YOU SEE, INSTEAD OF WHAT YOU BELEIVE”. You will now know exactly when to buy/sell the futures market with confidence. Before every trade you will know the exact entry, stop loss and trailing stop loss. Over 15 years of Day Trading the S&P500 Futures Market I have developed a day trading system that can capture huge moves in the S&P500 with small stops. The key to any successful day trading program is knowing when to pull the trigger, having a pre-determined stop loss and a trailing stop loss so you can cut your losers short and let your winners run. I will teach you a proven Day Trading system that will allow you to buy retracements in uptrends and sell retracements in downtrends-NEVER COUNTER-TREND TRADING. You will be trading what the pros know. So many beginning s&p emini futures day traders wash out of the stock market because they counter-trend trade. I will teach you how to day trade with the pros and not counter the market but trade with the smart money. I will teach you the powerful snapback trades(RUBBER-BAND) trades that only a few S&P500 Day Traders know. Here are the CONCRETE rules that you must not break when DAY TRADING the S&P500 E-mini market. 1. DAILY CHART-I WILL SHOW YOU TWO MOVING AVERAGES THAT ONLY THE PROS USE. THIS WILL SHOW YOU THE OVERALL DIRECTION OF THE MARKET. 2. LONG-TERM TIME FRAME-TWO MOVING AVERAGES THAT ARE EXTREMLY IMPORTANT ON AN INTRADAY BASIS. ONE AVERAGE(MAGENTA IN VIDEOS) TURNS THE MARKET ON A DIME. THE SECOND MOST IMPORTANT MOVING AVERAGE IS THE WHITE STOP LINE. VERY SIMPLE IF YOU ARE ABOVE IT YOU ONLY TAKE LONGS IF YOU ARE BELOW IT ONLY TAKE SHORTS. 3. INTERMEDIATE TICK CHARTS-ONCE YOU KNOW THE BIAS TO BUY OR SELL FOR THE DAY THEN YOU LOOK AT THESE TWO TICK CHARTS FOR RETRACEMENTS OR SNAPBACKS TO FIND AREAS TO SHORT/BUY WITH THE TREND OF THE LONG-TERM TIME FRAME. 4.EXECUTION CHART-KNOWING THE DIRECTION AND AREA IS NOT ENOUGH. YOU WILL KNOW THE EXACT SETUP TO LOOK FOR TO ENTER, EXIT AND WHERE TO PLACE YOUR STOP LOSS WHICH IS ONLY .75-1.25 ON AVERAGE FOR THOSE MONSTER TRADES. THIS SETUP IS VERY SPECIFIC TO THE EXACT BAR. SUMMARY: I USE THE DAILY CHART FOR MAIN TONE OR DIRECTION OF THE S&P500 EMINI FUTURES MARKET. THEN I USE A LONG-TERM ADAPTIVE TIME FRAME TO SHOW ME INTRADAY TO EITHER TAKE LONGS OR SHORTS. THEN I LOOK FOR A RETRACEMENT ON MY INTERMEDIATE TICK CHARTS FOR AREAS OF SUPPORT/RESISTANCE. THEN I USE A SPECIFIC SETUP WITH DIVERGENCE TO ENTER THE MARKET WITH A VERY TIGHT STOP. AFTER ENTRY I USE MONEY MANAGEMENT TO SCALE OUT FOR CHOP DAYS AND A TRAILING STOP FOR TREND DAYS. A COMPLETE POWERFUL FUTURES DAY TRADING SYSTEM!!!!!! Buy purchasing the book you agree that you will not disclose any of the trade set-ups or any other confidential information obtained from the trading philosophy and settings obtained from Jay Wireman. No representation is being made that any account will or is likely to achieve profits or losses similar to those charts that are shown. There is a risk of loss in all forms of trading. Futures day trading has large potential rewards, but also large potential risk. This is neither a solicitation nor an offer to buy/sell futures. The book you will be buying is published for educational purposes only. It is up to you to use the knowledge. Consult a licensed professional about your individual trading. The past performance of any trading system or methodology is not necessarily indicative of future results

Duration : 0:9:51

Technorati Tags: business, Charts, commodities, day, daytrading, e-mini, Emini, finance, forex, futures, investing, market, money, s&p, S&P500, Stock, stockmarket, stocks, trading

E-Mini S&P500 Day Trading System

admin — Sun, 23 Nov 2008 19:46:08 +0000

Day Trading the S&P500, Emini Futures. How would you like day trading the stock market for a living?
www.youtube.com/user/Eminidaytrader
SEE ALL VIDEOS
I WILL SHOW YOU A SYSTEMATIC S&P500 FUTURES DAY TRADING SYSTEM THAT TELLS YOU EXACTLY WHERE TO BUY RETRACEMENTS IN UPTRENDS AND SELL RETRACEMENTS IN DOWNTRENDS TO THE EXACT BAR. ANY SUCCESSFUL S&P500 FUTURES TRADER WILL TELL YOU THAT MAKING MONEY IN THE S&P500FUTURES MARKET IS AS SIMPLE AS THE “RUBBER BAND TRADE”. BUYING/SELLING RETRACEMENTS WITH THE INTRADAY TECHNICAL TREND. BEING A 15 YEAR TRADER AND DAY TRADING FOR A LIVING USING THE E-MINI FUTURES MARKETS, I WILL SHOW YOU EXACTLY HOW YOU CAN DAYTRADE THE S&P500 FUTURES MARKET WITH EXTREME ACCURACY IN ONLY 2 HOURS A DAY. You are now viewing one of the most powerful day trading s&p500 futures systems on the market today. It was designed and developed with a single purpose in mind…MAKING MONEY IN THE S&P500 FUTURES MARKET. Are you like most daytraders that sit in front of their computers all day and trade 20-30 times a day to only make 1-3 points? After commissions you barely make a profit or end up overtrading and losing for the day. How would you like to trade 2-4 times a day and go after the 5-20 point MONSTER DAYTRADES? These are the trades you dream about. Imagine having a day trading system that consistently spots S&P500 FUTURES trades with tight stops. I’TS FINALLY HERE! Welcome to the system that can generate these dream trades every single day.
TRADING PHILOSOPHY
“TRADE WHAT YOU SEE, INSTEAD OF WHAT YOU BELEIVE”. You will now know exactly when to buy/sell the futures market with confidence. Before every trade you will know the exact entry, stop loss and trailing stop loss. Over 15 years of Day Trading the S&P500 Futures Market I have developed a day trading system that can capture huge moves in the S&P500 with small stops. The key to any successful day trading program is knowing when to pull the trigger, having a pre-determined stop loss and a trailing stop loss so you can cut your losers short and let your winners run. I will teach you a proven Day Trading system that will allow you to buy retracements in uptrends and sell retracements in downtrends-NEVER COUNTER-TREND TRADING. You will be trading what the pros know. So many beginning s&p emini futures day traders wash out of the stock market because they counter-trend trade. I will teach you how to day trade with the pros and not counter the market but trade with the smart money. I will teach you the powerful snapback trades(RUBBER-BAND) trades that only a few S&P500 Day Traders know.
Here are the CONCRETE rules that you must not break when DAY TRADING the S&P500 E-mini market.
1. DAILY CHART-I WILL SHOW YOU TWO MOVING AVERAGES THAT ONLY THE PROS USE. THIS WILL SHOW YOU THE OVERALL DIRECTION OF THE MARKET.
2. LONG-TERM TIME FRAME-TWO MOVING AVERAGES THAT ARE EXTREMLY IMPORTANT ON AN INTRADAY BASIS. ONE AVERAGE(MAGENTA IN VIDEOS) TURNS THE MARKET ON A DIME. THE SECOND MOST IMPORTANT MOVING AVERAGE IS THE WHITE STOP LINE. VERY SIMPLE IF YOU ARE ABOVE IT YOU ONLY TAKE LONGS IF YOU ARE BELOW IT ONLY TAKE SHORTS.
3. INTERMEDIATE TICK CHARTS-ONCE YOU KNOW THE BIAS TO BUY OR SELL FOR THE DAY THEN YOU LOOK AT THESE TWO TICK CHARTS FOR RETRACEMENTS OR SNAPBACKS TO FIND AREAS TO SHORT/BUY WITH THE TREND OF THE LONG-TERM TIME FRAME.
4.EXECUTION CHART-KNOWING THE DIRECTION AND AREA IS NOT ENOUGH. YOU WILL KNOW THE EXACT SETUP TO LOOK FOR TO ENTER, EXIT AND WHERE TO PLACE YOUR STOP LOSS WHICH IS ONLY .75-1.25 ON AVERAGE FOR THOSE MONSTER TRADES. THIS SETUP IS VERY SPECIFIC TO THE EXACT BAR.
SUMMARY: I USE THE DAILY CHART FOR MAIN TONE OR DIRECTION OF THE S&P500 EMINI FUTURES MARKET. THEN I USE A LONG-TERM ADAPTIVE TIME FRAME TO SHOW ME INTRADAY TO EITHER TAKE LONGS OR SHORTS. THEN I LOOK FOR A RETRACEMENT ON MY INTERMEDIATE TICK CHARTS FOR AREAS OF SUPPORT/RESISTANCE. THEN I USE A SPECIFIC SETUP WITH DIVERGENCE TO ENTER THE MARKET WITH A VERY TIGHT STOP. AFTER ENTRY I USE MONEY MANAGEMENT TO SCALE OUT FOR CHOP DAYS AND A TRAILING STOP FOR TREND DAYS. A COMPLETE POWERFUL FUTURES DAY TRADING SYSTEM!!!!!!
Buy purchasing the book you agree that you will not disclose any of the trade set-ups or any other confidential information obtained from the trading philosophy and settings obtained from Jay Wireman.
No representation is being made that any account will or is likely to achieve profits or losses similar to those charts that are shown. There is a risk of loss in all forms of trading. Futures day trading has large potential rewards, but also large potential risk. This is neither a solicitation nor an offer to buy/sell futures. The book you will be buying is published for educational purposes only. It is up to you to use the
knowledge. Consult a licensed professional about your individual trading. The past performance of any trading system or
methodology is not necessarily indicative of future results

Duration : 0:4:3

Technorati Tags: analysis, business, charting, Charts, commodities, day, daytrade, daytrading, e-mini, Emini, finance, futures, invest, investing, market, s&p, S&P500, Stock, stocks, technical, trade, trading

Money Management for Day Traders – live day trading (1/4)

admin — Sun, 16 Nov 2008 16:52:06 +0000

Visit http://www.FirstHourTrading.com to find out what works and how to make money in the stock market.

Stock day trading teleseminar. Series of day trading classes to learn how to become a better First Hour Trader. Learn more about the First Hour Trading system at www.FirstHourTrading.com.

Day trading stocks can be very profitable if it’s done the right way.

Day trading online with the First Hour Trading system can help you make enough money in just 1 hour a day to take off and do whatever you like for the rest of the day.

Duration : 0:8:15

Technorati Tags: Charts, day, daytrader, daytrading, finance, invest, make, market, money, nasdaq, nyse, options, picks, signals, Stock, trader, trading

learn easy forex trade day trading software training course

admin — Sun, 16 Nov 2008 16:52:02 +0000

Learn how to weed out the useful info from the ocean of promises that floats around the internet.

http://tinyurl.com/hector-trading

learn easy forex trade day trading software training course charts signal foreign exchange trading platform strategy

Duration : 0:2:56

Technorati Tags: Charts, course, day, easy, exchange, foreign, forex, learn, platform, signal, software, strategy, trade, trading, training

Day Trading Alerts Real Time Stock Market Scans

admin — Sun, 09 Nov 2008 21:06:12 +0000

Watch and learn from my real time trading strategies. I use real time alerts and filter software. I can’t trade without them. Online day trading is a way for me to “make money at home” as a “home business”. I learned to day trade from videos, coaching, and other online courses. Live trading will help you learn more than paper trading. Psychology plays a major role in successful trading.

Duration : 0:9:56

Technorati Tags: "how, best, Charts, day, daytrading, forex, guide, help, online, secrets, software, Stock, system, tips, to", trade, trading, tutorial