DayTradeToWin Reviews

Day Trading: Do Your Thoughts Create Your Reality?

If you have been on social media and have interesting friends or acquaintances, you may have seen the phrase “Your thoughts create your reality.” This has been a part of the so-called New Age concepts for decades and has roots in ancient practices. Those of ancient days allegedly created sculptures in order to manifest that which was sculpted. The belief is that if the object of desire enters the human mind and heart in a certain way, perhaps a certain frequency, then the condition is more likely to manifest in reality. But, during these times, it is said human beings are not fully told of such abilities; the late Secret book of significant popularity maybe spoke of a partial truth. Is it the case that the mass fear and anxiety interfere with the ability to create optimal realities and experiences? Many believe this is so.

For those who seek to manifest, day trading presents a unique opportunity. Can one control success through visualization? Belief in a trading system that works? Should there be any credence given to the notion that the market is controlled and will eventually “shake off” successful traders in due time like fleas flying off the coat of a dog drying itself by rapid shifting of its fur?

Maybe the ideal recipe for manifesting success is to believe the method will be successful. Going with a strategy that you believe will be successful could be part of the metaphysical, reality-defining paradigm of experiencing prosperity. After all, we have heard how some people “can’t do no wrong” and others find themselves perpetually challenged. Is the “golden ticket” a mindset in which believe in success is the key? Are pessimists less likely to experience success? This may be so.

This may be why traders who use DayTradeToWin courses and software may be able to find success. The understanding that the company has been around for over a decade and helped thousands of traders drives the belief and belief may help manifest success. We live in a quantum world, right? If our very consciousness is part of the equation, who is to say that our beliefs account for nothing in our experience of reality? In fact, it would seem the opposite is true!

Does that mean one should be careless, drive out to the nearest gas station and spend hundreds of dollars in lottery tickets? No, of course not. Belief may well extend into the subconscious. Perhaps those who play the lottery time and time again engrain a feeling that winning is not possible and this extends deep into the subconscious. Practical math comes into play; look into the story of Stefan Mandel who, at a time when the lottery could be played a certain way, repeatedly one due to his math whiz calculations and extensive ticket acquisition practices. You may also want to look into the story of the Australian Bill Morgan who won the lottery multiple times after emerging from a coma. In fact, there’s a video of him winning $250,000 AUD live on television when he was supposed to be reenacting his first win. Do you think that has anything to do with him putting forward the emotions of being a winner (reenacting a previous win) at the time of his recorded second win? What are the chances of that? Perhaps he was setting an example of possibility; maybe not just in terms of lottery, for the rest of us. How uplifting!

The Secret Behind Trading the Market Open

A common consesus among day traders is that forex is not worthwhile. Respected, experience traders often trade futures markets. These futures markets can be traded almost 24 hours per day, but there are certainly better times to trade than others. Common sense may tell you it’s best to trade when there is some activity; not when the market is flatlining. When is there consistent volatility? Soon after the market opens and several hours thereafter. When does the market open? This may differ among futures markets. We now live in a world of electronic trading. Gone are the days when the opening of a trading pit determined the open of the session. Though those pit open times may still be observed; there is a better way to determine when the market behaves like it is the open.

To do this, your charting platform should have an Average True Range (ATR) indicator. Configure that indicator with a period value of four. And then apply it to the chart. Set the chart to five minutes. Scroll back through multiple days and observe when the market opened. Note the time. Did the ATR suddenly climb, day after day around 9:30 a.m. ET? Were you looking at the E-mini S&P 500? Congratulations, your steady observation has shown to you the 9:30 a.m. market open time for the E-mini S&P 500.

Once you know when the market opens, you can apply a number of trading methods from DayTradeToWin. The signals of at least one such method are reviewed, here. The ABC Method, for example, focuses on three periods of the day: A, B, and C. The first period begins at the 9:30 a.m. market open. Does that mean you should be trading exactly at 9:30 a.m.? No. The spike that occurs may take 20+ min. to stabilize into activity worth trading. And sometimes, the ATR value can be too great on a 5-minute chart. By letting the ATR value “prove itself” over time, one can make an assessment and navigate accordingly as of 9:50 a.m. ET or so.

DayTradeToWin’s Basic ATM Strategy Approach

Are you semi-automating your order placement? If not, you may want to reconsider it after watching this video. The popular day trading platform, NinjaTrader, has an ability to preconfigure a profit target and stop loss. Doing so will allow you take swift action rather than clumsily using the price ladder (SuperDOM) under pressure. The presenter recommends configuring several ATM Strategies. Doing so assures a variety to pick from for the given market conditions. After all, you’re not using the same profit target and stop loss for every trade in every condition, are you?

Before the video goes into the ATM Strategy feature, there is a review of many Trade Scalper signals. The Trade Scalper is a price action system from DayTradeToWin. It’s been around for many years and is one of the most popular scalping methods offered by DayTradeToWin.

Remember, when configuring the profit target and stop loss values within the ATM Strategy area, the value amount is in ticks rather than points. Four points equals one tick. The reason why you tend to see the stop loss as double the profit target is because the stop loss, when using DayTradeToWin methods, is the catastrophic stop. This catastrophic stop is often considered to be a safety net. In some cases, a profit, breakeven, or smaller stop loss will be triggered instead. It’s important to allow the market some breathing room. Otherwise, a minor fluctuation may end the trade prematurely.

Can there be a way to simplify order placement further? Understanding each order type and getting the “muscle memory” established through practice will certainly help. It wasn’t mentioned in this video, but you can also right-click the chart to place a trade.

5 Markets Traded Using Atlas Line’s Price Action

If your trading platform allows you to trade multiple markets, then why just stick to one? For many years, whether on television or on websites, you have properly heard about “diversifying your portfolio.” Well, this video isn’t about stock trading, but taking a diversified approach to futures trading can also be helpful. If one instrument begins to chop, or there are no more signals, by all means, look at the next best-performing market.

This video shows several markets. The E-mini S&P 500 (ES) is the first as that is the most commonly used with the DayTradeToWin trading methods. From there, the Atlas Line is applied to the Euro (6E), Dow (YM), Nasdaq (NQ), and Micro E-mini S&P 500 (MES).

A word of caution – just because futures markets are open nearly 24/7 and you have many to pick from does not mean that trading as much as possible is advised. In fact, over-trading is a thing and some traders fall into this pattern, subjecting themselves to increased risk and losing any gains they recently made. John Paul (creator of the Atlas Line) from DayTradeToWin has said to trade those markets that have the best chance of performing well while paying attention to the times that have worked the best for you. It is true that one does not know if day will be a winning day or not, so the reliance almost has to be on “what has worked in the past.” But with that comes a disclaimer that past performance does not indicate future results. That’s just the nature of trading – you can have great wins and great losses. It’s all about consistency over time to measure whether or not trading has been a worthwhile endeavor.

Are you still using the same methods to day trade, day-in and day-out with low or moderate levels of success? Then it may be time to rethink how you approach trading. It doesn’t make sense to repeat the same trading patterns and hope that things will change, that a new pattern will emerge, starting tomorrow. Of course, we do wish you the greatest success.

Feeling Boxed In? Scalp Your Way Out

Please be assured that the title of this article, scalping, refers to a style of trading, not the historical definition of scalping nor a surgical procedure. Though, you could well think of using a cutting device as analogical tool to “scalp,” redefine, or otherwise transform your life into one of greater freedom.

In this life, it’s easy to feel like you have no options, no way of getting out of a certain situations. And I’m not just talking about finances – obligations you may no longer want to uphold, responsibilities you’ve outgrown, and other aspects of life that no longer resonate with you. So, what can you do?

While there can be great freedom in knowledge and various health and/or spiritual practices, at least for now, there is a dependence on money to sustain vitality. Do you want healthy food? That will likely cost money unless you are among the fortunate who have inherited some land in a hospitable climate where various foods can be grown without much labor or materials. For most of us, we need to pursue money on a daily basis. However, a health perspective about money appears to be most essential at this point in time in which we find ourselves living, with options, distractions, schemes, and so forth, everywhere and easily accessible!

At this time, the “making” of money can be done in various ways; perhaps the number of occupations that exist today, with all of their attributed titles, now are of greater number than at any point in our past. Are you a metalsmith, a millworker, miner (non-crypto), butcher, or baker? A candlestick maker? Or an administrative assistant to a legal firm whose specialty is a specific form of criminal law? Indeed, we find occupations with greater specificity, and perhaps, greater abstraction from the purpose of traditional goods or service.

Day trading is a prime example of such an abstraction from the provisions of goods and services. As a day trader, who else benefits from the buying and selling of your orders? Does the nearest farm? Does some large firm who then distributes money to tiered groups of unknown individuals for unknown purposes? Presumably, this wealth is hoarded or distributed in some pyramid model, whereby those at the top accrue the largest share and those nearest the base find themselves seeking more. Does the custodial contractor who, every night, empties the wastebaskets of the executives whose offices nearly scrape the skies also aspire for more? Does this person also aspire to have greater experiences in her life? Indeed, it is likely so, though she may not be directly aware and blames the so-called “rat race.”

This is why day trading presents a unique promise. Those following the “Wall Street Bets” saga have heard tales of rags to riches: donations of handheld gaming devices to youth hospitals, consolidation of debt, and other triumphs of charity and financial security. Indeed, the abstraction of day trading, however it is done, whoever receives the money, whatever happens to the money, if the money was ever truly “there” or could have been, falls to the wayside when the appeal is to resolve a state of affairs in one’s life and of those in others’.

May you find great success in day trading, especially those of you who are trading futures – a most interesting style of financial exchange with many options for how one chooses to trade it. The video above, from John Paul at DayTradeToWin, focuses on a style of trading called scalping. This video focuses on the E-mini S&P 500, arguably the most popular futures market.

The Global Financial System – What is It Really Based On?

Recently, the U.S. Senate passed the $1T Infrastructure Bill. With all of that money to be allocated for various projects, do you trust that U.S. infrastructure will be improved?

It is conceivable that some politicians have invested in various construction companies that would receive massive contracts. When this happens, the stock associated with that company tends to rise. And in some specialty industries, it is not much of a mystery as to who will be awarded the contract. Of course, lobbying and behind-the-scenes negotiations are conceivable. Who knows what really goes on? Insider trading and special interest groups are nothing new.

It is most likely that we will see a number of infrastructure improvements. But, let’s think about that kind of money – a trillion dollars.

All over social media, people are asking, “Does the money actually exist to pay for such a thing?” Allegedly, the U.S. national debt exceeds $28T. See https://www.usdebtclock.org for the real-time count, though such values pretty much have to be estimates. That does not mean those numbers should be entirely discarded.

What hope is there for significantly reducing that debt? Is that even a goal anymore?

It would seem as if money is, essentially, an abstract control tool used to occupy the minds and lives of people, whereby people have commonly “agreed” life-essential goods and services are acquirable for specific value, as determined by various psychological manipulations (social media?), per unit of occupational labor. This means that a portion of one’s time and efforts are monetized to a specific value, to scale as a global system that can be further manipulated. Does one drop of sweat from a noble school custodian’s brow equal three potato chips? Perhaps not in some cases – there appears to be many wealthy people who can earn quite a living without much movement! Yet, as was said in that show from a number of years ago, Dirty Jobs, those occupations many don’t want to do actually provide the infrastructure for the rest of us. Therefore, that undesirable work that keeps everything running, and how enlightened those people are, what they “consent” to work for, may well underpin the value of currency.

As long as people are willing to “agree” not to be disorderly and work for gasoline, bread, and entertainment for certain prices, is that the actual value currency? It’s like one of those self-tying knots – the harder one pulls, the tighter it gets – people are told their neighbors are not to be trusted, that they will take what they have, that they are diseased, etc. so all the more reason to act in self-interest, seems to be the portrayal, no? Orderly conduct and exchange of goods and services – not based on altruism, but ultimately on the belief of inevitable hardship and various other fears – would seem to drive the global system, no? Thus, does the value of currency come from how one can escape from the same situations in which they toil?

It’s no wonder drug problems have been so rampant – they offer powerful escapes, often of an unhealthy kind (this is no solicitation for such things!) – at a price people many can apparently afford. Movies, video games, handheld electronics…yes, they too, can be powerful escapes and they are everywhere! This is not to say such things are bad; there is much creativity and art in these formats.

But, overall, what a system!

Yet, on the other, perhaps positive end, it seems more and more people have been getting into “inner work,” knowing much of the system is bogus and finding peace and connection through various types of meditation, yoga, gardening, and what is called spiritual practice. Self-sufficiency has been a strong desire over this last year and a half. That’s understandable – a person trying to live freely and as harmoniously as possible.

It is in the spirit of individual financial success in the system that we hope you achieve prosperity for whatever may occur in future!