I get asked by many people who are new to trading on what the first step should be. Some prefer to visit a bookstore, buy and work through a couple of popular trading books, and expect positive results in a short period of time. While having a structured, knowledgable trading background is important, there are … Read more
Why use a 5-minute chart? John Paul from DayTradeToWin.com believes it provides a great picture of all market activity. You can see the same patterns as a 15-minute or larger time frame. And it’s not small enough where you’re driving yourself crazy looking for a trade every second. Really, it’s the best of both worlds. … Read more
Many traders think that price action means only intraday opportunities. Not the case! In fact, the January Effect can be used for big swing trades. The Atlas Line may produce two to four points of profit for a given day, but in comparison, for a few days holding a position, the January Effect may quadruple … Read more
Futures Contracts: Market Orders, Limit Orders & Scalping This is the second half of a recent webinar conducted by John Paul of DayTradeToWin.com. In these live webinars, he’s broadcasting his trading charts live so attendees can see exactly what he’s looking at. This providers onlookers the opportunity to experience real-time charting conditions, as though they … Read more
Here’s a look at NinjaTrader 8 using the indicators from DayTradeToWin.com. If you’re transitioning from NinjaTrader 7, you will be familiar with the layout in this new version. It’s important to slowly upgrade to ensure that all of your settings and indicators will remain compatible. Don’t put yourself in a position where you are using … Read more
If you haven’t upgraded to NinjaTrader 8, now is the time. The new platform is faster and packed full of improvements. Now that the production version has been available for some time, DayTradeToWin’s popular trading software (the Atlas Line, Trade Scalper, At the Open, etc.) has been updated for compatibility. Recently, DayTradeToWin.com conducted a webinar … Read more
If you’ve spent any considerable amount of time in front of a chart or trading with indicators, then you know the feeling of confidence when multiple indicators “agree” with a trade. Confirmation from multiple sources may provide a better indication the trade will be profitable. Of course, there are no guarantees. Trading is risky. DayTradeToWin.com’s … Read more
If you’ve been looking at DayTradeToWin.com for a while, then you’ve probably come across one of the January Effect videos. The January Effect is one of their strategies that predicts market activity for the entire year will trend up if the month of January (for the same year) has also trended up. If that happens, … Read more
I don’t know about you, but I’ve been in a trade that was going well – almost hitting my profit target, then suddenly out of nowhere, price rapidly takes off in the opposite direction. My stop loss is hit and I’m left scratching my head wondering what happened. I try to catch a few more … Read more
DayTradeToWin.com just released this video, which many details regarding NinjaTrader 8’s SuperDOM. In case you’ve never used NinjaTrader, the SuperDOM shows real-time buy and sell price activity (like a price ladder in other platforms) as well as provides buttons for placing orders/trades. New traders can easily be overwhelmed with all the options on the DOM. … Read more