Want a review of the DayTradeToWin Trade Scalper, Atlas Line or other signals? Watch this video to see real-time conditions. This webinar was recorded live. There was no filtering of signals. The signals on John Paul’s charts are the same as you would see them if you used the same configuration. The main focus is the Trade Scalper and profit-taking goals.
First, John Paul goes over his approach to risk management. He finds using the ATR (Average True Range) with a period value of four to be an accurate indicator of what price may do next. If you’re using fixed values, forget it. You’re eventually going to risk too much or too little going for that potential winner. It’s better to be adaptable and reasonable.
If you fast-forward to about 23:30, you’ll see how the morning started with an excellent Long/buy followed by an another excellent Short/sell. It’s quite possible that some people from the live room took advantage of those live “giveaway” signals and walked away with a profit! You can have the Trade Scalper signals running on your charts every day.
Right after the 23:00 point, John Paul explains the ABC method and gives an example of how it plotted recently. The video concludes with some discussion of order types and a review of price drop that occurred after the short signal.