In this video, John Paul from Day Trade to Win reviews the effectiveness of the trading methods as taught in the Private Mentorship Program. By reviewing each trade over the last couple of days, it’s easy to see how profitable you would have been if each Blueprint, Roadmap, Atlas Line and scalp trade was taken. Through eight weeks of live training, over 11 unique price action strategies are taught directly by John Paul. Instruction is in greater detail than is written in the course books. It’s also of greater advantage comparing charts day to day with the founder himself. Lastly, all software is included with life time licenses. Each training session is recorded. That means after the eight weeks, you can log in and replay the sessions to refresh your memory. There are no other coaching programs out there that offer what’s included with an underlying focus on very specific principles with a main focal point of understanding how the market moves as manipulated by floor traders. Day Trade to Win also has repeatedly posted video testimonials from students. Finding legitimate testimonials in the industry is a rare sight.
For a limited time (through the end of December), Day Trade to Win is offering a reduced 2011 price. Prices will likely increase in 2012. Since the program begins in 2012, it’s good to capitalize on the savings early. Register for the coaching program to be part of a team of professional traders. There’s no better time to start – 2012 is a new year after all!
Many evening newscasters will surely mention today’s moderately historic economic activity, with the Dow loosing near 600 points. Of course, the Emini was along for the ride, dropping in price throughout the day. Unlike other “flat” day trading strategies, price action takes into account real-time price behavior. The day trading courses offered at Day Trade to Win teach traders how to exercise constraint, avoiding markets that are simply to volatile for retail traders to trade. Many traders see great opportunity with the market ranging as wildly as it has in the past week. When price can change four points in less than a second, its easy for a trader hoping to get the big win to blow up his or her account. As day trading coach John Paul says, trading when the ATR is above 5 is unwise. Today we saw the ATR hit 9.
Normally, the overnight Globex market is best avoided due to low volatility. However, in light of recent activity, the overnight may be the must tradeable in terms of volatility.
Price action scalp trading – ever heard of it? Learning to scalp trade is an essential skill for any day trader. It can be used at any time of the day; even on days of low volatility. That’s because the trades are based on subtle price movements.
As the instructor of the Trade Scalper course, John Paul demonstrates how to trade for three ticks in this video:
This is just the tip of the iceberg – learn more in the upcoming free webinars: Thurs. Nov. 4 at 7:00 pm EST to 8:00 pm EST
Tues. Nov. 9 at 7:00 pm EST to 8:00 pm EST
Thurs. Nov. 11 at 7:00 pm EST to 8:00 pm EST
Mark these dates on your calendar and head over to the Trade Scalper website to find out more. They offer the first three chapters of the full course for free.
Remember the following when scalp trading:
Watch out for slippage when using market orders.
Keep your stops and profit targets where they are. Only change them if you’re exiting a trade.