DayTradeToWin Reviews – Page 3 of 7 – Learn how to day trade with free day trading strategies

End of Year S&P 500 Market Moves

As E-mini traders, our view of the markets is more distant than someone who traders a particular company’s stock. For example, if you trade Apple’s stock, quarterly reports, press releases, product launches, keynotes, and other big events will typically drive value up or down. Remember that the E-mini is a fraction of the big S&P 500 index, which is composed of about 500 companies on the NYSE or NASDAQ. When the E-mini moves in one direction consistently, you could say that is because the overall U.S. stock market is trending the same way. In fact, many consider the S&P 500 the best indicator of U.S. corporate performance. As such, you, the retail trader are trading an abstract piece of they incomprehensibly large pie. It’s truly amazing stuff. With these considerations, Black Friday trading can be especially tricky.

As we head toward the holidays, corporations begin consolidating annual reports and figures to give their shareholders. Almost by design, this excitement coincides with the holiday shopping rush. Two of the largest retail events occur in November: Black Friday and Cyber Monday. As more shoppers want to avoid the long lines, traffic, and occasional hostility of Black Friday shoppers, we see Cyber Monday becoming more of an attraction. Really, with two-day Amazon Prime shipping and how that pays for itself in a short period of time, one of the only reasons to go to a brick-and-mortar retailer is to find a deal you can’t find elsewhere or limited stock. As a result, you could say the markets, and therefore the E-mini S&P, are under a lot of performance pressure. Compounded by Turkey Day, Christmas, and New Years, we could see some high action.

Beyond Black Friday Trading

Regarding that high action, let’s talk about the January Effect for a moment. Yes, you’ve probably seen our other videos. These setups have become more consistent lately, probably because of the rush we just talked about. We don’t have much time left in 2017, especially when you consider the holidays. The big players won’t be at their desks. Sure, the high-frequency trading algorithms will be grinding away as usual, but you may not see the volume around trading holidays. That’s what it may be a good idea to take these long January Effect trades as they come. Look at what the Atlas Line found the other day. Really, watch the video.

If you’ve been on the fence about picking up any of the day trading methods from DayTradeToWin to compliment this great end-of-the-year activity we’ve been seeing. Now is the time to do it. Hit them up via the contact page and ask them if they’re running any special Black Friday or Cyber Monday trading discounts.

Beginner Trading Method Works for 2018

Was today’s E-mini S&P move predicted by the January Effect? John Paul thinks so. In this video, he explains why the January Effect can be a useful technique to find long trades in 2017. Today, we are seeing the market trend upward, which may be indicative of a retracement to the previous high. Days before, we saw the high reached, followed by days of price dropping. Since the January Effect has identified 2017 as a year of upward movement, we can wait for the market to “prove” that it’s ready to trend upward. After price drops, the climb back up is when you can potentially ride a trend into profit territory. The January Effect is easy enough to be considered a beginner trading method.

NinjaTrader’s Fibonacci tool can be used to find the halfway point between two prices. Here, John Paul draws a line between the recent high and low. Watch for price to climb back through the 50% level, and that’s your entry point. Some traders prefer to enter when price surpasses the previous high. Use a day chart and scroll back to see what worked best. Of course, past market movement is not indicative of future movement. However, some traders swear by the idea that patterns in the market exist and can be used for future profit.

Beginner Trading Method: Overnight Positions

Not every trader can hold a position overnight, as would be required by the January Effect. Instead, it may be wise to use a system like the Atlas Line. The Atlas Line provides intraday signals and can also be considered a beginner trading method, though it’s suitable for veterans as well. If you follow the rules, you are only holding a position for 20 minutes maximum. If the January Effect says to expect a bullish trend, then see if the Atlas Line signals also confirm that direction. The video provides a great example of this that starts at about two minutes in.

Interested in getting coached on all of the DayTradeToWin.com methods? A new eight-week class begins Jan. 31, 2018. Classes are twice a week. Click here for details.

How to Trade Choppy Markets: +24 Ticks

The Atlas Line is a powerful trading tool that has been offered by DayTradeToWin.com for years. Hundreds of trading videos have shown its effectiveness in the E-mini and other popular markets. Today’s video is another addition. Look at how five of the six E-mini trades were successful, producing an estimated total of about +24 ticks of profit. Of course, profits or success of any kind cannot be guaranteed. The market can take a substantial portion of your money, so only trade with safe designated capital. Note that the trades in the video show how you could have profited under ideal conditions where the market filled you without any slippage. Broker fees and other trading fees you may be subject to are not considered in the estimated win total of $300, which is computed using $12.50 per tick multiplied by 24 ticks.

Your experience may differ, but if you followed the rules, you should have produced positive results for today. The Atlas Line can help you learn how to trade choppy markets.

How to Trade Choppy Markets

The market conditions were rather choppy. Many other trading systems would have failed, calling entries or tops and bottoms at points where the market may have continued going up or reversed. The Atlas Line was quite accurate in pinpointing ideal positions ahead of when they occurred. John Paul often describes the Atlas Line as a “forward-looking” indicator. Whereas many indicators constantly re-optimize themselves using past price history, the Atlas line requires little maintenance. In fact, many Atlas Line clients find the included one-hour trading video sufficient for understanding how the strategy works.

Free email support is provided in an effort to ensure understanding. Remote support is also included for new traders who may have difficulty installing or configuring the indicator. This is what makes the Atlas Line a great system for new or advanced traders – the support will fill in the gaps.

Where does one get the Atlas Line? The Atlas Line is available from the DayTradeToWin.com website exclusively. It was recently updated for NinjaTrader 8, with a few tweaks as far as the signals go. The signals and colors work nicely whether you use NinjaTrader’s dark or light color skins. We find that the darker colors cause less strain on the eyes, especially if you’re staring into a screen for a couple of hours a day looking for fine details (prices, time, etc.).

Atlas Line Trading & ATO 2 Charts

Here’s a chart of today’s E-mini S&P. Two products are displayed: the Atlas Line and ATO 2. In total, six trades occurred. Notice how the Atlas Line and ATO 2 “agreed” upon the short direction. How do you tell the two strategies apart? The Atlas Line trading consists of the blue dashed line, Atlas Short signal, and the small S and P signals. The ATO 2 consists of the ATO Short signal, the short dashed red line that points to the entry candle (in this image, it appears above and to the right of the number three). The blue/green line on the bottom is the ATR (Average True Range), which is a free indicator provided with most trading platforms.

Both strategies use the ATR to calculate the profit target and stop loss. These systems are not fully automated. The signals are automatically generated, but it’s up to you to manually place each trade and manage it according to the rules.

Atlas Line Trading Signals

Atlas Line and ATO 2

Both of these strategies will start to produce signals soon after the market opens. For the E-mini, the time is 9:30 a.m. US/Eastern. As of Nov. 5, we are now in EST which is GMT-5. Just using these two systems together, you can probably get four or more trades per day. Keep in mind that you probably don’t want to take every trade. If market conditions are too slow, too fast, overbought, oversold, or a news event is about to come out, then it’s probably best you stay out until volatility returns to normal. In the afternoons, markets can go flat, which makes for choppy trading.

In the included live training, John Paul teaches you how to trade the methods in their entirety. Note the ATO 2 and Atlas Line are sold separately, but you can contact DayTradeToWin.com for a special discount.

Upcoming E-mini Holiday Closures

Day Trading Calendar 2018 The end of 2017 is almost here, and with it, we have E-mini holiday trading hours when the markets will be closed. What holidays will impact your trading? Veteran’s Day is right around the corner on Nov. 10, but the markets will remain open. Thanksgiving Day is Nov. 23. The markets will close early at 1 p.m. ET and reopen at 6 p.m. ET. The following day, the markets will again close early, this time at 1:15 p.m. ET. The next holiday is Christmas Day. The markets are closed Christmas Day, but reopen at 6 p.m. ET. What about the New Year? New Year’s Day is a Monday, so the markets will be closed. They reopen New Year’s Day at 6 p.m. ET. Check this 2017 trading calendar for a consolidated representation.

E-mini Holiday Calendar

These holiday hours apply to CME markets (also called “products”) like the E-mini S&P. The official CME page has the latest announcements. Specifically, these holiday hours apply to CME equity, interest rate, FX, energy, metals, and DME markets.

Generally, it’s best to avoid trading around big holidays. The markets are usually slower, which can lead to choppy conditions. It’s difficult to make a profit when the market can’t decide where it wants to go next.

Remember that clocks in the U.S. move back an hour on Nov. 5. We switch from EDT to EST, which means the US/Eastern time zone offset changes from GMT-4 to GMT-5. GMT is pretty much the same thing as UTC, in case you’re used to that format.

Winning Day Trading Strategies (Webinar)

Want to see multiple day trading strategies produce winning signals? In this live webinar attended by many traders, John Paul shared his ATO 2, Trade Scalper, and Atlas Line strategies in real-time. These strategies were applied as indicators on his charts. They agreed on the direction, as short signals were given. When multiple strategies agree, you may have a better chance of making a profit. Of course, there are no guarantees in trading because it’s a risky endeavor. Nevertheless, be sure to jump to about 20 minutes into the video to watch these signals.

The ATO 2, one of the many day trading strategies, focuses on the first couple hours of the day. The software produces text signals for the main ATO 2 long and short trades as well as supplementary Trade Chaser trades, which also can be long or short. You can think of this strategy as a breakout method. Multiple signals are usually generated every day. You’re fully taught how to find the trades on your own without the software. The ATO 2 is based on the original ATO, which has been utilized by traders for many years.

More Day Trading Strategies

The Trade Scalper is a way to get in and out quickly using small profit targets and stops. You’re not looking to make big money on each trade. The idea is to win many trades per day while minimizing the risk on each small trade. The maximum stop loss is six ticks. The Trade Scalper software draws horizontal and vertical lines on the chart. Using these lines, you can determine whether a Trade Scalper trade is likely to appear in the near future. In just the morning time alone, you can see six or more trades. This is one of the most popular strategies offered by DayTradeToWin.

The Atlas Line produces slightly more trades than the ATO 2 and is also used on a 5-min chart. The Double Bar Long and Short trades are the main bread and butter signals. The Strength and Pullback signals are supplementary and are useful for days that trend or reverse after the main long and short signals. Traders like the Atlas Line because of the long, dashed line that forms throughout the day. You can often see price “bouncing off” the line. Therefore, you may want to use the line as a support and resistance tool. DayTradeToWin has produced many videos showing how it can be used to complement other techniques.

As indicated, Day Trade to Win has a number of day trading courses plus an eight-week Mentorship Program. The Mentorship Program puts you in a room with John Paul as he explains each of the day trading strategies and how they work together to form a complete trading plan. New classes begin all the time, but be sure to get in early.