Take a look at this live webinar where the presenter, John Paul, shared his real-time signals with a room full of traders. All of the signals are based on price action. We define price action as price movement over time. By recognizing price action patterns that often lead to future movement (up or down), we believe it is possible to develop a successful trading system. That is what DayTradeToWin has done. Sounds simple, right? Well, the rules are straightforward and fully explained. Choose from the Trade Scalper, Atlas Line, or ATO 2 for price action trading courses. You may want to go a step further and get a trading coach via the eight-week, all-inclusive Mentorship Program.
When trading the E-mini S&P 500 (ES instrument in NinjaTrader), you can expect each tick to be worth $12.50. One point is considered to be four ticks. Therefore, each point = $50. If you have one point of profit using one contract, you have made $50 before any broker or exchange fees. If you trade with two contracts, you can double the profit to get $100; again excluding any additional fees. The amount of money you have set aside for trading plus broker requirements and how much you want to risk on each trade are all factors on profit potential. And of course, the main factor is how reliable your trading method is. DayTradeToWin has focused on price action patterns and signals for over 10 years. If you want to scalp the markets using price action, consider the Trade Scalper. If you prefer fewer, but larger moves, maybe the Atlas Line is right for you. If you are only interested in the morning activity and want a trade or two at most, go with the ATO 2. If you want all this and much more (10 or so methods), the Mentorship Program is probably the way to go.
Consider a trading education like any other education. If you want to learn how to drive a truck, you have to pay to go to school to get your CDL. The same is true for healthcare and pretty much any other occupational category. Just because you can casually trade from home does not mean the learning process is a free ride. The cost of trial and error (placing losing trades) can be huge. Wouldn’t it be better to go with a price action trading course from someone who’s done it already for years?