day trading

Do you know the differences among the various order types commonly used in day trading? Do you know when it’s better to use a stop limit order as compared to a market order? Don’t worry – many traders don’t know the differences. Good news – we have a video for you that explains all of the common order types and when to use them. You may find that MIT orders, for example, reduce risk based on your style of trading. Depending on your trading platform, most if not all of these order types should be available. Choose what works best whether buying or selling. If you’re one of those traders who are content just placing plain old market orders, you can definitely learn a few tricks from this video. We place orders using the NinjaTrader SuperDOM. You could use ChartTrader, but our opinion is that it limits features. The SuperDOM represents a number of prices. The current price appears in yellow. You’ll see the buyers and sellers for each price providing your data feed provides something called Level 2 market data. The market should seek a balance among buyers and sellers. Sometimes, you’ll want to enter a trade (aka place an order) a certain price “or better.” The “or better” means a more favorable price. If your selling the market, or “going short,” your trading indicator or strategy may advise getting into a position when price reaches a specific value. Using the right order type along with an ATM Strategy is a great way to make trading happen seamlessly. In case you don’t know, an ATM Strategy is simply a preconfigured stop loss and profit target. Yes, more stuff can be configured, but we generally create a few of these to switch between in the heat of the moment (when a signal has just fired off the Atlas Line, Trade Scalper, etc.). John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

Have you skipped the webinar video of live trading? Most traders are sitting in and watching in real-time the signals occur. John Paul goes into the details and answers the audience’s questions. Watch below the replay. The presentation starts with a general description of the markets provided by John Paul. So, if you missed the live webinar video, here is your chance to review the trades taken, the questions and answers are given, and the webinar’s explanations for each trade were over an hour and broken down into three parts. Here are the covered for part 1: Types of orders, Phantom orders, Live Trade Scalper orders, Questions, and answers. While, for part 2: Order types, Phantom orders, Atlas Line Live Trade, Trade Scalper Live Trades Taken, Filtering Trades, Q & A If you want to know more, you can watch the video here: http://daytradetowin.com/blog/ Moreover, for tutorials about the day trading visit us here: https://daytradetowin.org/tutorials/ John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

A new group mentorship is starting soon! Check the official DayTradeToWin.com website for details such as the start date and time. Eight weeks of live training will teach you all you need to know in order to trade futures and currencies successfully. For complete, non-expiring licenses, all courses and applications are included. This new session has twice-weekly classes. We expect to quickly fill up this new session. Reserving your seat as soon as possible is a good idea. Click here to make a deposit of $500 for the new group mentorship class. This deposit will protect your seat and provide you with the materials of the first week in advance. You will be able to receive NinjaTrader’s ATO 2 course and software immediately! See the students ‘ real reviews of the Mentorship Program. Visit our page to keep updated. John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

Here is a short and sweet clip analyzing Atlas Line signals. Everyone using the Atlas Line today got the same signals with the E-mini S&P 500 market. So, whatever type of Atlas Line license you have, this is true: 6-Month or Lifetime. The first Atlas Line trade was worth around + 2.5 points, but if you didn’t make a profit, the time-based stop was meant to get you out at break-even. In addition, the second trade is a short one with a gain target of 3.5. That’s where the order is placed by the MIT (Market If Touched). The biggest risk here (catastrophic stop) is about 5 points, according to the rules. Price has to touch the profit target or go through it. On a first-come, first-served basis, the market is working. Note to include broker fees (commissions) in your estimates while calculating your income or lack of them. To produce a performance report, you can use the Trade Performance function of NinjaTrader (accessible via NinjaTrader Control Center > New > Trade Performance). Specify “from” and “to” dates in the Trade Quality window and click Generate. This is a great way to keep track of trading results both live and simulated. Would you like to learn all our methods in eight weeks? Skip on the learning curve by signing up for our eight-week community mentorship program. The next class starts soon. It is the most cost-effective way in a short period of time to learn everything. Many specific methods are taught during mentorship only, such as the Roadmap. John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

For most of us, this is the busiest time of the year. That said, taking note of the Trading holidays is important. The open and closed hours of the markets are not always common sense, so here is a consolidated list of what to expect. All times are in the time zone US / East, ET / EST, GMT / UTC-5. Activity is based on CME Group Holiday Calendar equity product information. Remember that there may be specific hours for grain and other markets related to food. As shown below, CME Group’s equity products/markets, such as the E-mini S&P 500, are mainly concerned. Trading Holidays! Thanksgiving Day is the 28th of November 2019. Thanksgiving Day ends at 1:00 p.m. Start at 6:00 p.m. ET, that’s it. The market closes early on the following day (Black Friday, Nov. 29, 2019) at 1:15 p.m. ET, that’s it. Christmas Day is the 25th of December 2019. Christmas Eve is the day before, of course, 24 December 2019. The market closes early on Christmas Eve at 1:15 p.m. ET, that’s it. The market will remain closed until 6:00 p.m. reopening. AND the day of Christmas. New Year’s Eve is the 31st of December 2019. Naturally, New Year’s Day is Jan. 1, 2020 the day after. The market is operating on New Year’s Eve with normal hours. The market is closed until 6:00 p.m. on New Year’s Day. The regular operation/hours will resume at that point. Be mindful that it can be difficult to trade around the holidays. The big players on the market, for instance, maybe missing, so prepare for low volatility times. Conversely, throughout the holiday shopping season, we will see consumer-related reports. Such reports can lead to sudden volatility. Want to keep your profits and minimize losses? Get our REAL-TIME simulator here. John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

Curious about Price Action Trading? Basically, this is the movement of a security’s price plotted over time. It forms as the basis for technical analysis of a stock or other asset chart. While for some short-term traders, they rely on price action to make trading decisions. Price Action Trading Morning trades are the best! We would say that during morning trades, opportunities are best with market movement. We have explained in our video how to manage trades. Trade management is very important, as we always say, trading is risky. We will teach you how to trade, how to plan, and what are the rules of price action. Educate yourself first! By using the time-based stop, and prove it stop, and catastrophic stop, we limit the risk and exposure to trade. Look at the ATR current conditions. The larger the candles the larger the profit, and the smaller the candles, the smaller the profit. Don’t double up when trading.” — Day Trade To Win So, we will teach you to follow the rules, Atlas Line, ATO2, Trade Scalper, and so much more. Avoid chasing the market too far because that might hurt your profit potential. We must follow the rules! When price almost closed on the opposite side of the Atlas Line that would be out at a loss. Time-based, prove-it and catastrophic stop are three main stop strategies you can use with this software/method. Remember that when you are trading, you should always use a stop loss as a safety net based on reasonable risk levels for your account, finances, and recent trading conditions. Interested in learning more about how to trade the markers, visit: https://daytradetowin.org/ https://daytradetowin.com/trading-systems-courses John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com