DayTradeToWin Reviews

What it Means to Scalp Trade Futures Every Day

Futures trading is a unique form of day trading because it is not as though you are trading a company’s stock directly or engaging in transactions associated with a currency valuation. Futures are a derivative type market. It is quite possible that many at-home traders do not really consider or care about the future price of grain unless the cost of food becomes unaffordable. So, in that sense, the underlying asset(s) traded in futures are often an abstraction. Many traders think about the E-mini vs. the Crude Oil markets in terms of tick valuation, quirky behavior, best times of the day to trade, and what is believed to encourage the most profit. Is there a disconnect from the big picture? Perhaps. Do many people think about where their money actually comes from and how the financial systems of the world are structured? One could say there is a huge disconnect here, but perhaps that is a topic for another time. Hopefully, the point has been made – one does not need to be a financial markets expert to successfully follow a trading system.

Likewise, we can view certain trading methodologies with a large lens. Various trading systems focus on various styles of trading: swing trading, scalping, intraday, and so forth; and this does not begin to describe the more technical aspects such as channels, oscillators, and other constituents of the larger “genres” of trading systems.

To scalp trade futures every day, one has to trade at a fairly rapid pace. After all, scalping means taking only a portion at a point in time. DayTradeToWin’s Trade Scalper trading system does just that – it’s profit-taking goals are smaller than the other systems they provide. A more conservative approach, per trade, has its benefits. However, one should consider broker costs per trade. NinjaTrader Brokerage should be able to provide a quote or estimation of all applicable fees per market, such as the E-mini S&P 500. At the end of the day, or even better – month or months – the trading system should demonstrate an acceptable level of performance.

In this video, John Paul from DayTradeToWin displays around five signals for the day. In the later portion, he shares a real-time scalping trade. He is using five contracts. These contracts act as a multiplier of profit and loss depending on which way the trade goes. He was fortunate the trade worked in his favor, resulting in over $300 for several minutes of waiting/trade management. With the E-mini, each tick is worth $12.50 and four ticks represent one point. Therefore, one point represents $50. Factor in the contract multiplier, and the profit target or stop loss and you can get a sense of the financial goal and risk per trade.

Truths About Crypto & Rigged Financial Systems

One of the great things about the Atlas Line is that it doesn’t “change its mind” throughout the day. A little while after the market opens, the line the Atlas Line produces begins to grow in the same, constant direction. How price moves around the line is what’s important. That movement determines the entry opportunities. Thusly, if two closing bars close above or below the line, that justifies an entry. There’s obviously more to the strategy than is described. Perhaps now you should watch the video to get a better sense, visually, of how it works…

There are Strength (S) and Pullback (P) signals, here, that provide other entry opportunities. Intrigued as to how these work? They’re explained fully after purchase. It’s a price pattern, that is, a pattern among candles that justifies the entry into a Pullback or Strength trade. Like the remainder of the Atlas Line signals, the underlying approach is price action. It can be said price action is a general methodology in which the movement of price determines the behavior of the trader and/or trading system.

Cryptocurrency trading has become increasingly popular. Many people consider crypto to be a foolish long-term investment. Yes, many have made money, but the adoption and rejection of crypto by companies and organizations (who do plenty of business via traditional currency) can make or break short and long-term crypto gains.

Get what I’m saying?

Why rely on any financial system that has its roots in organizations that seek to manipulate using what has long been considered a controlled/manipulated system: traditional world currencies?

If one can use traditional currency to acquire crypto, how soon would crypto be largely bought out by those with massively deep pockets?

Thus, there is a reasonable basis for the claim that crypto, too, is a manipulated currency exchange/platform. The purity of crypto was to be the computational constraints and equalized distribution.

Maybe at the onset there was some purity intact, but over time, as stated, how much of crypto was “bought out” by very wealthy players?

Would those wealthy players not seek to also control/manipulated yet another market?

Those who have large stakes in crypto, like Bitcoin (often traded as BTC/USD) may be long-term holders or have liquidated some of their holdings by this point, in 2021. So, the crypto market could well be segregated into individual/retail transactions of a fairly pure nature, institutionalized control/balances, and long-term stakeholders. In 2021, we have seen a crackdown on crypto mining due to environmental/power consumption concerns. Many of those concerns appear to be legitimate – mining resources from the Earth and draining further resources, such as those relied on by power grids, for example.

The opportunity for a regular person to gain significant income via crypto mining – those days have long since passed. In effect, we have seen the emergence of many crypto markets, each promising varying degrees of security, stability, and prosperity.

Do you believe that any crypto market worth any true value would not be “bought up” and controlled? Indeed, it is easier to make money if you have money. Common sense will probably tell you that (or anyone in real estate). Let’s not fall into illusions of prosperity – especially those of targeted and eventually rigged systems. Speaking of real estate, what happens in the game of Monopoly when all of the property is acquired? Many players get upset and are ready to turn over the entire “board” game…

Multiple Trading Systems = Multiple Opinions

Every day, if you had to make costly decisions worth hundreds or thousands of dollars, wouldn’t you want a “second opinion” for each of those decisions?

If we seek out the expertise of medical professionals for second opinions when facing crucial life-impacting decision-making, would we not do the same during our regular occupation if that occupation is day trading?

Yes, a single trading system may be more than adequate. However, having multiple systems running at the same time allows for confirmation. It also allows for screening out (our filtering) of trades that may not be so good.

This new video from DayTradeToWin discusses exactly how multiple systems can benefit day traders.

As a trader, your job is to make the soundest decision possible at a given time, whether that’s action or inaction – trading or staying out – depending upon your interpretation of various conditions. Yes, it is possible to pile on enough indicators that almost prevent oneself from trading entirely due to rare “agreement.” This is why a day trader must be careful to select indicators that are known to work well together and have been tried and tested for a long period of time. That being said, there is no guarantee of future performance; a common disclaimer in this industry.

The ATO 2, Trade Scalper, and Atlas Line from DayTradeToWin have been around for many years. The ATO 2 and Atlas Line primarily operate on a 5-Minute chart. The Trade Scalper can be used on a 5-Minute chart as well depending on market conditions. Primarily, the Trade Scalper is most at home on a 1-Minute chart. If conditions are too slow on a 1-Minute, a 2-Range chart may be substituted.

Day Trading Strategies: Rules, Profits, and Stops Explained

You may be happy to know that we have another video lined up for you with plenty of signals, day after day, showing the Atlas Line performance. For many years, the Atlas Line has been one of the most popular day trading methods offered by DayTradeToWin. Why? That’s because it can be used in many ways. Mainly, there are three:

The main signals, long and short
The line itself, providing an overall indication for whether you should be looking to buy or sell the market, which is useful to guide other trading methods.
The smaller Strength (S) and Pullback (P) signals, which can be thought of as scalping signals. (They are different than the Trade Scalper signals).

The video is a recording from a webinar. This helps you get a better sense of what it may be like trading the strategy live. The goal of DayTradeToWin is to help new and advanced traders succeed consistently. Sharing signals regularly may help inform you of how the systems work.

How does one learn how to use the Atlas Line and other trading systems from DayTradeToWin? By attending the live training, watching the training video(s), reading the digital course, and emailing questions, etc.

Do you find these videos repetitive? If so, good. If not, that’s also good! Why? Because without repetition, it would not be so easy to provide a sense of what it’s like to trade these methods under real-time conditions. DayTradeToWin regularly has traders who purchase one of their products after having watched dozens or more of their videos.

And in any industry that relies on online content, it’s important to regularly share that content so people see it. Did you know that it helps to produce new videos on a regular basis? Yes, fresh content is important – especially when people are discovering your trading methods on YouTube. If you have something worth sharing and you feels it’s quality, unique, and useful, why not share it?

Best Way to Trade Multiple Chart Types in NinjaTrader 8

Want to have multiple chart types in a single chart? It’s possible. Some traders prefer to trade this way rather than using multiple chart windows. The benefit, here, is that you can vertically compare candles and signals. Traders who use DayTradeToWin trading strategies often look for multiple indications the market is expected to move in a certain direction. These indications could be signals or other visual cues. It’s not uncommon for the Atlas Line, ATO 2, and Trade Scalper to provide signals that line up. Thus, the benefit of this chart setup is known.

The example provided here is a 2-Range chart and a 1-Minute chart. The 2-Range chart can move very quickly. It’s imperative to place an order quickly. If you were using multiple tabs, for instance, cycling among the tabs may take away from valuable time.

If you ever wanted to know what the powerful X-5 trading method is, jump to 9:48 for a description. It’s also called the Floor Trader Secrets Manual. There were once floor traders and they came together to manipulate the market in various ways. The X-5 capitalizes on those patterns that still occur without human traders in the Chicago pit.

Another piece of software you’ll see in this video is the Roadmap, which is very important to the price action trading approach taught by John Paul at DayTradeToWin. As its name indicates, it provides a forward-looking plan as to guide the direction of your trading. Price Zones indicate either speed bumps or acceleration opportunities. The signals generated by the Roadmap are unique as well. In the 8-Week Mentorship Program, students are taught how the Roadmap can be a primary filter. If the Roadmap and Atlas Line match up – great! If the ATO 2 does, too – even better!

Trends: How Many of Us “Have Them?”

While the title of this post is a play on words from a popular 1984 hit by the group, Whodini, there is no illusion here. Rather, we’re focusing on clear and concise price action rules you can use to identify and manage trends on your day trading charts.

As a matter of fact, this part one of a two-part webinar series that was recorded in front of a live audience. As with the case with actual good friends, the same may be said for trends: most of us would probably prefer having more of them than less. In reality, trending days are less common than those with rather spontaneous chop.

If you’re brand new to price action concepts or DayTradeToWin, then start with the first video. If you’ve seen some of John Paul’s footage in the past, you can probably skip the first video and go right into the second. Both are posted below.

Part 1: Applying the ATR correctly, live Trade Scalper signals, and chart types

Part 2: Identifying trends and counter-trends, mitigating loss with pivot stops, handling reversals, and examples

While you may become an expert in identify areas of where not to trade, what about finding those potential winners? John Paul believes his trading methods are best suited for that purpose, whether that be the Trade Scalper, Atlas Line, ATO 2, Roadmap, Blueprint, or any of the methods taught in the 8-Week Mentorship Program. Mentorship is the only way to get all courses and software in one complete package.

Though you may not have any more friends by the time you’re done reading this, you may be able to find more trends. At least, that is the goal of these two webinar recordings. If you want to attend the next live webinar or learn more about price action trading, head on over to the DayTradeToWin official website and sign up: https://daytradetowin.com.