DayTradeToWin Reviews ABC Method Rules for Better Trading

Why would you want to trade futures in the afternoon when the morning is said to have the best opportunities? Because still more opportunities exist in the afternoon. Perhaps you were busy in the morning or sought to recover from a couple of trades that didn’t go so well. Revenge trading or any type of emotionally driven trading is discouraged. Rather, sticking to objective rules ensures that one can more easily measure the success of an approach over a given period.

The ABC Method was designed for afternoon trading. Multiple entry opportunities can be found in the afternoon before market close. However, some days there are simply no signals. Trending days tend to trigger ABC entry opportunities. That’s because the ABC is a breakout method. If price exceeds the prior period’s high and low via two closing candles, then expect a signal in the new period. That means only periods B and C yield entry opportunities. period A merely establishes the high and low for a possible entry in period B.

It’s important to remember the first two periods are 2.5 hours in duration. The A period begins at market open, 9:30 a.m. If this sounds like too much work, you may consider the ATO 2 method which includes the ABC Indicator. Another option is the 8-Week Mentorship Program. With the latter, all courses and software are included with Lifetime licenses.

If you want to see these signals live, sign up in one of the forms on the DayTradeToWin website. Every few weeks, an invitation is sent so that new people can compare their live charts with John Paul’s to see his methods are for real.

Futures Trading: E-mini, Euro, Nasdaq, Dow, Micro

Finding a day trading course or indicator that can trade the E-mini S&P 500 ES, Euro, Nasdaq, Dow, and Micro E-mini S&P 500 is not so easy. Day trading websites are a dime a dozen and it seems that many of these websites are put to together in an amateur way. No disrespect intended – it is just that the way the pages are designed and the information is presented, sometimes it’s difficult to assess what you’re getting. The way DayTradeToWin approaches day trading is with simplicity in mind, and that includes the main DayTradeToWin.com website. There, you can get a sense that four trading methods are basically offered: Atlas Line, Trade Scalper, ATO 2, and 8-Week Mentorship.

The focus of the video above is of DayTradeToWin’s Atlas Line. As you can see, there are a few aspects to the indicator that are important: the dashed line, the main Long and Short signals, the bounce Long and Short signals, and long and short Pullback (P) and Strength (s) signals. How interesting it is to see how all of these signals work together to form one complete strategy! The approach is aided by the free ATR (Average True Range) which serves to provide the profit target and stop loss amounts.

Is it possible to consistently win in the markets? That’s the goal of every trader. It’s best to take trading one day at a time rather than overwhelm yourself with what-ifs. By all means, measure cumulative wins and losses over a good period of time: two weeks, one month, three months, six months, etc. and see how successful you’ve been. Sure, you could have an amazing month next month, but if the performance is not so good, do you want to keep trading? Does it make financial sense? Sure, past performance does not indicate future results, and the way that phrase is commonly worded, the meaning can go either way.

Clear, objective thinking and following the rules of the method will be the best way to assess the viability of that method. Does it work better than other systems you’ve used? Those that you’ve developed? Did you at least make back your money that you spent on the system? Did you learn one or more things? Even with losses, day trading can teach us a lot about ourselves – how well prepared we are, how we perform under pressure, what it’s like to potentially make money or have such potential in a relatively short period of time, to reach heights, to reach lows, and pull ourselves up with renewed insight.

3+ Reasons Why a 2nd Opinion on Your Trades is Important

Here’s the latest DayTradeToWin video in which many trading signals are reviewed. First, we start with the Atlas Line trading software. As demonstrated about 2:00 into the video, the signal did not work out. That’s just a part of trading. Sometimes, additional signals the same day will set you back on the path to profit. Other times, you’ll hope to make profit the next day or thereafter. The idea is to have consistent wins over a specific period of time, which could be 30 days or longer.

If you had the ATO 2 and the Atlas Line or the Trade Scalper and Atlas Line, you could say to yourself, “I am only going to take signals from either system (or both systems) when both signals agree on the anticipated direction and the signals occur around the same time.” If you do just that, as demonstrated in the video, there can be great results. However, such results cannot be guaranteed – “can” means “possibly,” which is not as definite as “will.” The market will do what the market wants to do. Again, it’s a matter of cumulative wins outsizing cumulative losses per period of observation.

Adding a third method to the chart to get a third opinion can also be helpful. That’s what happens here when the Trade Scalper is added. Notice how there are multiple Short signals for all three systems that “follow” the price movement down? That was a great area of opportunity for winners. The following Strength (S) and Pullback (P) signals represent additional opportunities from the Atlas Line, however, some of those signals did not work out. Do you notice any additional signals from the ATO 2 or Atlas Line around that time? No. Well, that’s exactly demonstrating why it’s important to use multiple systems!

4 Chart Reviews From DayTradeToWin: Atlas Line, Trade Scalper, ATO 2, Roadmap

We have found four recent chart images to share with you! This first chart contains the ATO 2 and Atlas Line software from DayTradeToWin. When multiple systems confirm the same direction, we say, “All the better!” Such a confirmation occurs at two separate moments on this chart. The first is when the ATO 2 Short signal “agrees” with the prior Atlas Line Short signal. If you were skeptical about that first short trade, the ATO 2 Short served as additional confirmation that price was expected to move further South. And that’s exactly what happened!

Next, we have an even clearer indication of confirmation. The Short signals are practically on top of one another. Keep in mind, this happened while both indicators use entirely different rules for drawing the entry signals. The dashed arrows were added later on in an image editor in order to illustrate the approximate point of profit target for these trades, depending on the desired risk level. The ATR (Average True Range) is used as the primary tool for discerning the risk (profit target vs. stop loss, pretty much).

The next two charts spell things our directly on the charts themselves. The addition, here, is the Roadmap, a powerful tool that’s typically offered only in DayTradeToWin’s 8-Week Mentorship Program. The Roadmap is recognized by the Zone lines. These Zones are barriers where price may bounce or quickly pass through depending on certain factors.

Back to the Atlas Line and ATO 2 – the same sort of thing happens as in the chart above – the ATO 2 and Atlas Line signals occur almost at the same time and price soon travels in the anticipated direction. Later, plenty of Strength signals occur. These are optional trades that are typically for smaller amounts. They’re almost like scalping.

Let’s take a look at just one trading method, the Trade Scalper from DayTradeToWin, and see how many signals it can produce within a couple hours. I don’t know about you, but I see about eight different signals and most of them were winners. I see a Long signal followed by upward (bullish) price activity again and again. The Trade Scalper is favorite among traders because of how short in duration each trade is (less time = less exposure = less risk) and regular action. It’s important to like the style of trading that you do, because if it’s not enjoyable, do you want to be doing it every day?

Fortunately, the general feedback and reviews shared on the DayTradeToWin website has many great things to say about all the trading methods and John Paul. The methods are highly rated with the posts going back years. In the trading industry, it can be challenging to distinguish quality from junk. One way to get a sense of quality is to go back in time, whether on the website, YouTube, etc. and look at the performance. DayTradeToWin offers many years of testimonials.

Profit Target & Stop Loss Rules: Managing Risk

So, like the thumbnail of the video says, how does one trade rule-based strategies? By following the rules. Are you going to be taught all the rules in this video for the trading system(s) shown? No, of course not. That’s because you have to purchase the trading system in order to learn the rules. This is merely a demonstration with emphasis that it’s important to follow rules rather than going off-course, using your imagination, guessing, or stretching recommendations.

There are so many ways begin day trading. Just looking at the video recommendations when writing this present soptions regarding the mental game of trading as a whole, how to research trading, how to use relative volume to predict home run trades, and various steps to perform a specific strategy. Are any of these methods going to be valuable? Possibly, in terms of some self-understanding. However, the nature of such things is that sometimes a paid method is a paid method for a reason – it’s exclusive because it’s worthwhile. If someone can make money selling it and trading at the same time, why not? However, a lot of paid courses are junk. Many in the industry say this – rather than teaching exact rules, the course will show you demonstration after demonstration, providing little in the way of rules.

Rest assured, DayTradeToWin has all of the rules clearly defined. If you’re not successful, it’s just because the market isn’t aligning itself with the rules. This can be a good thing, as there is no need to blame the self. That’s the great thing about objective trading – no need to have emotions take charge. If you did everything correctly and it works or it doesn’t, you did everything correctly in either case.

The main purpose of the video above is to go over multiple Atlas Line signals. If you see a number of winning signals, that may provide a positive impression the method works consistently. It will be up to you to apply the rules that you learn. There are no guarantees in trading, only probabilities, and estimating on those probabilities is a most curious and risky endeavor! We wish you well. However, trading using a specific stop loss and profit target ruleset is one way to control risk.

If you, ahead of time, configure many stop losses and profit targets within NinjaTrader’s ATM Strategy area, then you can select the most appropriate given current circumstances. These stop losses and profit targets are not set in stone – you can modify them on the fly once your initial order has been filled. The easiest way to do this is by enabling NinjaTrader’s chart trader feature then dragging and dropping the profit target and stop loss to their desired values. Are there any caveats? Yes, doing so places you in the “back of the line,” so to speak. Your profit target or stop loss may not get hit when expected, so be careful.

With the DayTradeToWin trading methods, the ATR (Average True Range) is always used to determine the profit target and stop with the exception of some chart types where their use doesn’t make sense (i.e. range charts). The ATR is configured with a period value of four. Why four? Because that means the last four bars are used to determine the value. If greater than four, the calculation is based on older data. If the value is less than four, less data is used that may only give a picture of recent activity, which may be really dramatic or slow (thus limiting potentials).

Not Always Necessary to Buy Monitors for Day Trading

When day trading, looking at small text on your charts is no fun. This can happen if your display resolution is too high and your physical screen too small. Finding the right balance is important. Displays have become cheaper, but not so cheap if you want one of real quality – expect to pay over $450 for a decent monitor for gaming or graphic design. This is why some traders who use multiple monitors will have a large screen with a relatively lower resolution (easy to read text) or multiple monitors increasing the amount of visual data available at a given time. One can buy various fittings and structural grips to position trading monitors at ideal locations.

But what if you don’t want to do all that? What if just two charts was good enough but you want to see both charts at the same time? Split one chart in two! Yes, by right-clicking the NinjaTrader chart, going to Data Series, and making necessary changes, multiple instruments and/or time frames can be viewed within the same charting window. This may be possible on other trading platforms, but the focus of this video is demonstrating signals in NinjaTrader 8.

Multiple trading systems “saying the same thing” is a good sign according to John Paul of DayTradeToWin. Rather than getting one indicator’s opinion, looking for agreement in direction and timing may yield greater confidence and results, though there are no guarantees.

So, how were these trading systems created, anyway? A reworking of what John Paul learned many years ago from colleagues in the trading industry as well as his own trial and error, testing, and revising. Floor trading is no longer a thing, but some of the techniques from that period are still applicable in today’s markets. To figure this stuff out on your own, you may spend a lot of time and money. Ultimately, will your system be profitable? Would it be better to go with something tried and true?

If you want to scalp, you’re going to be in and out of the market many times per day. It’s important to follow the rules to limit exposure for each Trade Scalper trade. If you prefer to risk less per trade, scalping may be the way to go. If you like, fewer, larger trades, the Atlas Line may be preferred.

E-mini Sets New Record: Trade Scalper and Atlas Line Winners

When there are historic highs in the market, you better hope that you’re using a trading system that accurately calls them out ahead of time! That’s what the Trade Scalper and Atlas Line successfully did multiple times throughout this historic trading day. We saw the E-mini S&P 500 climb well above the 4,000 level. If you were guessing or waiting for a short opportunity and took it, we hope you found success. If you held a position for any length of time, ouch.

Using two of DayTradeToWin’s price action systems together can give you a sense of improved clarity and ease. The Atlas Line can help qualify opportunities identified by the Trade Scalper as well as give a projected direction of where price may go throughout the day. If both systems line up, John Paul believes that’s double confirmation and all the better for trading.

How many times can a trading system be correct in a day? Many times. That’s what scalping is – many traders per day, in and out. You don’t have to take every trade. By all means, take only the best according to the ATR and any other systems you’re using. People get very excited about all the signals and potential of the Trade Scalper. It’s understandable. Once a signal appears, there’s an opportunity to place a trade right away. If you have an ATM Strategy set up that matches current market conditions, you can jump in easily.

John Paul of DayTradeToWin is expecting 2021 market conditions to climb even further. If he’s right, that means there are plenty more days like this in the future. The year isn’t even halfway over yet. By the way, if you need NinjaTrader 8, DayTradeToWin will set you up. They have a full video and written guide that may be some of the best unofficial documentation out there on the platform. The video focuses on getting up to speed quickly and skips out on features that you may not use.

Should You Take an Online Day Trading Course or Class?

“Is this a good trade? Should I enter here? Should I exit here? Am I risking too much or too little?”

These are questions you shouldn’t be asking yourself after you’ve been trading for some time. It’s normal to have these questions when you’re starting out, trying to figure out if you’re using your trading software correctly and applying a technique properly.

But if you are just guessing your way through trading or “hunch trading” as some may call it, well, that can be a problem long-term. So, what’s the solution? Learn from someone who has been a successful trader for years. Hopefully, that person is willing and able to relay all techniques and understanding. Not everyone is a good teacher. Some very rich traders are poor teachers. And of course, some great teachers are poor traders! This is why there may be just a handful of people with the right knowledge and educational ability to teach you how to day trade.

John Paul from DayTradeToWin is such a teacher. He has been teaching people how to day trade for many years. In fact, he didn’t even consider becoming a teacher. He was selling one or two trading methods online, then one of his clients asked him basically, “Hey, do you have anything else you could teach me?” And unbeknownst to John Paul at the time, this became the start of what is now the 8-Week Mentorship Program. Interesting how things in life happen like that, huh?

If you’ve never heard of the Mentorship Program, the above video will run through a number of the methods that are taught. Remember, it’s eight weeks in duration. Class is twice a week. You get all courses and software with Lifetime licenses. Classes are recording so you can watch them later online. It’s the complete package; a treasure trove of trading knowledge being shared with you by a trading expert who can actually teach! Note that John Paul is currently only available for the Individual, on-on-one version of Mentorship. There is another very qualified instructor who teaches the Group class.

Big E-mini Winners This Historic Trading Day

The big S&P 500 reached new heights. As you might expect, that translated into big gains for the E-mini S&P 500. As such, we have a Long Atlas Line signal stating off the day. The steep angle means that we are in for a big ride up or possible one or more intersections. If there was an intersection followed by a signficant drop (did not happen), then we would have gone with short trades and seen any long trades were less likely due to the distance of price vs. the Atlas Line. Get it? That’s what makes the Atlas Line such a great predictive tool!

The big news of the day was that the S&P 500 surpassed the 4,000 level. This was a new record. There were plenty of Atlas Line Strength and Pullback signals on the way up. If that wasn’t enough, you could have applied the Trade Scalper. That’s what John Paul does at 3:50 in this video. Look at all those signals! Some traders were blind to the fact that the day was anticipated to be a up-trending day. Can you imagine trading in the dark, constantly second-guessing whether the market was to suddenly drop? That’s not a good way to trade. Rather, we want to be positive, optimistic, and have real expectations about anticipated moves.

It was not necessary to take every signal. In fact, trading too much or too often subjects you to unnecessary risk. John Paul often advises to go with the best signals. With purchase of his methods, he explains the exact rules for such conditions and how to filter. You can use multiple methods as well, as demonstrated here.

Will we be seeing more big bullish days ahead? This year and last have been two of the most interesting to trade. Many signs point to 2021 exceeding new highs on a regular basis. Are you ready to take advantage of these projected opportunities?

3 Price Action Trading Systems From DayTradeToWin

Are you just using one trading system? Sure, that can work depending on how reliable the signals are. However, for some traders, when they have significant money on the line, they like to get a second “opinion” from another trading system. DayTradeToWin’s John Paul often advises this approach, as demonstrated in his latest video. He’s showing a Trade Scalper scalping signal “confirmed” by an ATO 2 short signal. Both system are confirming the same anticipated market direction around the same time. Sure enough, the market drops soon after. Nice!

Get all three price action day trading systems here.

The ATO-C is the “Chaser” trade. It’s an optional follow-up signal you can use to potentially find another win or help recover from an earlier loss. Of course, as with any trade or system, there is a potential for loss, so be careful and read all disclaimers.

Later on, there was a third method applied. That’s the Atlas Line and it, too, gave a short/sell signal. While price remains below the blue dashed line (the Atlas Line), the idea is to go only with short trades. Can you see why the Atlas Line is one of the best day trading methods offered by DayTradeToWin in terms of filtering, confirming, and generating signals? It looks at the projected “big picture” for the whole trading day; not just the next 20 minutes. The line itself stays in a constant direction. At a given moment, you can see how far away price is.

Those at DayTradeToWin believe it is less likely for the market to move 10 points in a moment than it is one point, so the same theory can be applied to risk management in terms of the profit target, stop loss, and general trading considering the distance of the Atlas Line compared to the real-time price value.