So you’ve decided to try day trading to see what all the fuss is about. You’ve downloaded a trading platform (such as NinjaTrader) and you also signed up for live data. With a bit of reading and watching our NinjaTrader tutorials, you’ve learned the basics. After you’ve spent some time practicing, you start to see patterns in the market. After some time and simulated trading, your performance is not quite what you’ve hoped. At this point, you’ve begun to look for trading systems. There’s a lot out there. DayTradeToWin.com has stood the test of time, first offering the ATO strategy (now the ATO 2 is available), then the Atlas Line, Trade Scalper, and many others. Take a look at the picture below to see how the ATO 2 and Atlas Line work together. Yes, two days in a row is not enough to determine whether a system is consistently profitable. No trading system should make the claim of consistent profits because the market can always possibly head in a different direction. That’s why you have to consider there is always risk involved and do your homework.
December 11, 2017
John Paul believes there’s a better chance price will move in the expected direction. John Paul believes that similar signals from two or more trading systems may be a better predictor of anticipated price movement. Coincidentally, both systems fired off signals around the same time despite each one using a different internal calculation. In total, it was possible to win up to +12 ticks.
December 12, 2017
In the chart above, both trading methods agreed price would move up. That’s why the Atlas Line and ATO 2 produced long (buy) signals. In total, it was possible to win up to +17 ticks by following the rules. Of course, you have to factor in broker costs and whether you are trading multiple contracts (which would have increased profit potential). These signals are provided soon after the market opens. For example, 9:55 a.m. EST was the first trade. In addition to the obvious long signals, the small “S” symbols, green in color, present additional opportunities.
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