Do You Believe the Markets Are Completely Random?
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Scalping is a style of day trading that focuses on executing trades quickly. Often times that means going for many trades of relatively low value. However, multiple wins can satisfy a day’s goal of multiple points of profit. That said, there are no guarantees that any trading method will yield your own private island and endless champagne. As with anything new that you’re learning or trying, taking it slowly and observing yourself and the outcome is probably for the best. Some scalping day trading systems focus on just a few ticks of profit. Others focus on multiple points. The profit target has to be flexible enough to allow enough breathing room or room for price to fluctuate. Otherwise, you’re going to need a trading method that is going to almost always take off in the desired direction and do nothing but that for several minutes. If you’ve observed price candles for some time, you have likely seen how price can can go the opposite way and tag stop losses even during trends towards the profit target goal. The significance of the video above is how a scalping trade was done and over with so quickly. About two minutes is all it took. This move was worth about two points. The ATR (Average True Range) decides the profit target and whether the particular chart/market is tradeable. Essentially, the ATR gave a green light for this trade and decided that two points was a reasonable profit target. This is John Paul’s Trade Scalper method. Let’s say that you don’t care about trading quickly – that you prefer being done trading for the day in the morning and then going on about your day, whatever that may include. DayTradeToWin has a separate trading method called the ATO 2 (At the Open 2) that’s now exclusive to the 8-Week Mentorship Program. The ATO 2 is a price action method that “looks at” the initial price activity soon after the market opens. Depending on certain price levels and patterns, the rules will tell you when and how to enter. There’s an indicator that does all the lifting for you – it’s featured in this second video… How do you get the ATO 2? Right now, the only way to get it is with the the $500 Group Mentorship deposit or full enrollment. All of the Mentorship details are here including the next start date. Mentorship is a complete educational package designed to take traders of all experience levels, regardless of where they’re at, through a complete re-interpretation of how the markets work through price action. The idea is to emerge a competent price action trader with an repertoire of techniques for various conditions.
It seems that more and more lately, the more you turn on the news, the grimmer the forecast. So far, 2021 has been all about alleging disease variants dangers with a confusing (and stressful for some) switching of what is permissible, what isn’t. Many in the world still appear to be dealing with great divisions in terms of what to believe when it comes to family, friends, and general public interaction. Yet, somehow, the wealthiest still managed to make even more money. The stock market, a highly manipulated tool of distributing and controlling finance, has reached new heights despite the challenges the everyday person experiences. How is that so? The “little guy or gal” is regularly trying to find stability and new ways to have an abundant life. This has led many to consider new potential income sources, such as day trading. Though it may be high risk, perhaps many, especially those who live in cities, now feel they lead high risk lives with constant fear and disconnection campaigns intoxicatingly luring their realities in new directions. Day trading answers the desires of independent, stay-at-home income. But the thing is, can day trading really be relied upon? How accessible is it to the average person with no experience? John Paul from DayTradeToWin attempts to bridge the gap in understanding by offering a shortcut to learn the essentials and much more—namely discreet price action trading techniques—aimed at making the most of “pandemic markets,” manipulated conditions, and short-term intraday scalping. Recently, he made his Blueprint method accessible. This is a versatile technique as it allows for short-term trading, similar to scalping, while also showing effectiveness for larger time frames such as hourly and daily charts. These daily charts provide a larger picture of price activity. If you look at 2021, you will see that the year has been an “up year” despite all the agendas that are likely going on behind the scenes. This was predicted by the January Effect, a free price action trading method John Paul has taught for many years. What about 2022? By early February, January of 2022 can be used to determine if the up-year-factor applies to 2022. If so, one can look for retracements of 50% toward prior highs. This is a key aspect of this method.
Generally speaking, swing trading refers to holding a position for a longer duration than a typical day trade. A typical day trade may last seconds, a few minutes, but generally not over an hour. In contrast, a swing trade can be many hours or days in duration. Because swing trading involves a greater period of time, the potential for profit and loss is greater. So what it comes down to is, how accurate is your swing trading system? John Paul from DayTradeToWin aims to answer that question with his new Blueprint software. The actual Blueprint technique is from his exclusive 8-week Mentorship Program. However, being able to get your hands on it outside of the program is a new thing. Many traders have leaped at the opportunity, having seen the Blueprint’s versatility with many chart types from small time frames such as 30-Second all the way to Daily charts. You’ll be able to see 15-Minute and Daily signals in this new video… In addition to time-based charts, the Blueprint happily works with Volume, Renko, and if conditions are suitable, Range charts. The included video and live training describe various use cases. Please keep in mind that swing trading may not be suitable for every day trading account. In fact, it is likely that a broker will require special funding to enable a position to be held around the clock. What is an additional way to “confirm” the Blueprint signals for swing trading? DayTradeToWin’s John Paul has freely taught the January Effect for a number of years. If January 1 to January 31st show upward movement, it is expect that by December of that same year, the market will also show upward movement, closing higher for the year than it opened back in January of the same year. John Paul has said that one can see this pattern again and again going back through many years of trading history. So, with the January Effect established for a given year, the next thought is, “If the expectation the year is going to be an up year, how can I take advantage of the rising movements?” And that is where the January Effect retracements come in. Once such an area is identified, when price moves upward from the 50% level to quality as a retracement entry opportunity, see if the Blueprint “agrees” with a closely placed signal on a daily chart. You may be surprised!
John Paul from DayTradeToWin shares his new Blueprint software in this latest video. The Blueprint provides long and short signals for many chart types including Renko, Volume, 30-Second, 1-Minute, 5-Minute, Hourly, and Day. The given market conditions and your goals determine what chart type is most appropriate. Because the Blueprint can be used for quick trading and longer swing trading, it is one of the most versatile methods offered by DayTradeToWin. As demonstrated in this video, the Micro E-mini (MES) behaves similarly to the regular E-mini. The difference is the Micro is 1/10th the size, so this means lesser profit and loss impact as compared to the larger cousin. Therefore, the Micro is a great way to get exposure to real-money trading without the bigger financial impacts of the regular ES. A Micro account can typically be established with lesser funds as well. Some people go from trading a sim/paper account to Micro, then to the regular ES according to growth and consistent success. There are other Micros that existing besides the E-mini. This video mentions the Nasdaq, Dow Jones, and Russell. After watching this video, you may be asking, “What is the purpose of those blue and red shaded areas?” Those are areas where price has exhibited a limitation, up and down. You could call it a short-duration range. When price closes twice beyond those areas, that’s when a long or short Blueprint signal appears. The color of the range does not determine whether a long or short signal will appear. You’ll learn more in the included training. Both a video and live training are included. You can use the Blueprint with other DayTradeToWin trading methods such as the Atlas Line. The Atlas Line can provide a larger picture of expected price activity. If both trading systems agree that trading long or short is the way to go, than that’s an additional level of confirmation.
Some people prefer scalp trading over methods that focus on fewer, larger moves. With scalping, you don’t have all your eggs in one basket. You spread your trading day over a larger period of time to account for variability or certain “moods” the market exhibits throughout the day. Does six or so opportunities per day interest you? Then maybe it’s time to take a look at DayTradeToWin’s Trade Scalper as seen in the video below. John Paul uses the Trade Scalper to find an opportunity worth 1.5 points (6 ticks). This video shows the signals and order process unfolding in real-time. You can get the same type of experience using NinjaTrader’s real-time data feed. Practice is encouraged regardless of experience. A trade worth 1.5 points ($75 using 1 contract) may be small peanuts, but if you have 6 winners, that’s a potential of $450 before any commissions, etc. Of course, there is always room for substantial loss and losing trades is a part of trading. Many traders who begin to trade with real money eventually use more than 1 contract. If you use 2 contracts, for example, you can double your profit, loss, and commissions. With the included training and other videos made available, you’ll learn all about how to scalp trade using the different order types: stop orders, limit orders, MIT orders, and market orders. You can trade directly from the chart using Chart Trader or go with the more advanced SuperDOM. Once a signal appears, you can look at the current conditions and decide if it’s worth taking. Yes, you’re taught what to look for. To make things easier, you can set up ATM Stategies to define the profit target and stop loss ahead of time. Then based on current conditions, select the ATM Strategy that best fits the moment. After you purchase the Trade Scalper, you’ll get access to the Members area. Member access provides a way to download the indicator(s) and watch recorded training videos. Live training is also included. If you decide to enroll in the eight-week Mentorship Program, a Trade Scalper purchase credit can typically be applied. Mentorship is the most comprehensive program offered by DayTradeToWin, a veteran educational trading company that’s been around for over 10 years online.