When comparing trading systems, it’s easy to get mixed up and not know which one is best. Should you scalp and go for more trades with smaller profit targets? Or should you go for fewer but larger trades? Well, the DayTradeToWin.com Trade Scalper and Atlas Line day trading methods reflect both concepts. They can be used independently from one another or they can be used together to get the best of both worlds.
In the beginning of the video, you’ll see many Atlas Line Long signals. Price drops big right after the first Short trading signal. That looks to be a big winning trade, had you taken it. Hang on to your hat as the two next signals, both Long (buy), look to be winners as well. A short (sell) signal follows; another winner.
Now, every day won’t be like this. It’s about looking at the big picture. Day trading as a source of income is possible, but the market is not like a typical boss. Normally, when you get paid from a traditional job, the next day, your boss doesn’t reach his hand in your pocket and says, “You owe me 1/8 of what I paid you.” This is why with trading, we must look at time frames such as 30+ and 90+ days to gauge success. Of course, it is crucially important to start with practice trading (sim account) regardless of your level of wealth. NinjaTrader has this ability to generate a report indicating win rate, loss rate, and other factors that will help you gauge your performance. That’s covered in a different video.
Later in this video around 3:30, we see the other trading system in use, the Trade Scalper. A signal and trade are demonstrated in real-time. This is much like how one would experience trading for oneself, having the proper software and configuration established. This is no problem, though, because I hear the DayTradeToWin crew gladly help set up clients with the proper config to get the most out of the markets.