DayTradeToWin, also known as Day Trade to Win or DayTradeToWin.com, is a popular day trading company known for day trading courses and software. Overall, reviews of their products seem to indicate positive performance.
There are 121 posts filed in DayTradeToWin (this is page 1 of 13).
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!
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.
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).
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.
There’s a reason why we love to trade using price action for over 10 years. It’s based on price candles primarily; sourced from reality rather than an abstraction that is a pretend authority. After all, you’re trading the price of the instrument, right? Well, if you center your trading around price itself, that seems to make sense.
All of the software provided by DayTradeToWin is based on price action. For example, the Atlas Line software’s line is based upon recent price activity. It grows in the same direction throughout the day, never changing it’s angle. This is one reason one can think of as the Atlas Line as “looking forward.” Price is going to do what it wants during the day and if it happens to close twice above or below the plotted Atlas Line, well, that’s an Atlas Line signal.
Will you always be able to enter a trade at the signaled entry price? It’s not possible. NinjaTrader attempts to replicate the experience of real-world fills, but trading with real money will always vary a bit from simulated/paper trading. Nevertheless, it’s important to practice with real-time data until you feel comfortable. At some later point, consider graduating to the Micro E-mini (MES) and the E-mini S&P 500. Throughout your journey, NinjaTrader provides an account performance feature that generates trading reports.
Some traders prefer to scalp, which means many quick trades but less risk per position due to shorter trade duration. If you want to see DayTradeToWin’s approach to scalp trading, go to the 1:00 mark and you’ll see what happens. Per trade, the Trade Scalper goes for a minimum of three ticks, but may be more than a point if conditions allow. In this video, you can see four winning signals.
These occurred around the market open. Typically, market open is a quirky time to trade. Many regular at-home traders will stay out for at least the first 20 minutes. This allows for a stabilization period in which a more consistent direction may be established.
For a long time, the DayTradeToWin website and YouTube has been populated with new trading videos showing various trading methods and performance. The Atlas Line, ATO 2, Trade Scalper, and Roadmap have appeared most often recently. There are only so many ways to demonstrate performance – many videos throughout the years is one such way.
In this new video, you’ll see the Atlas Line produce a short signal followed by a couple of Trade Scalper signals. Are both methods included together? No, they’re sold separately unless you participate in the eight-week Mentorship Program.
Most of the focus, here, is the Atlas Line. You’ll see more of it in the second half. Strength signals cause John Paul to place a trade. They can be recognized by the small “S” characters above or below the candles. The ATR (Average True Range) indicates the Long trade should have a profit target of about three points. Five contracts are used for this trade. This amounts to a trade worth $750 before any commissions or fees. Please consider all trading as simulated.
How was this dollar amount computed? For the E-mini, the smallest price can move is a tick. Each tick is worth $12.50. What’s a point? Four ticks. Therefore, a three-point profit target using a multiplier of five contracts equals $750. Keep in mind, not everyone has the money to trade with five contracts. DayTradeToWin encourages practice in simulated mode for some time. Then, you may want to consider graduating to the Micro E-mini (MES in NinjaTrader). After that, the E-mini can be traded with the $12.50 tick value as described previously.
Eliminating guesswork by relying on a trustworthy trading system is what DayTradeToWin aims to provide.
Do you know what trailing stops are? Do you think they can only be used to “lock in profits?” In this video, John Paul from DayTradeToWin explains a whole new way to use them. Essentially, he uses trailing stops to more cautiously go for greater profit targets. This is what you see via the 2x and 3x ATR text in the video. If you apply a trailing stop too early, it’s possible you’ll get stopped out with random market fluctuations. Thus, John Paul proposes adding the trailing stop later when the time is right.
Long and short signals can excite all sorts of possibilities in the trader. Are you disciplined enough to stop trading after a few wins? Scalping is one of the most alluring ways to trade because of the constant opportunities and fast pace. You’ll need to quickly size up market conditions to know whether the trade is viable. Because speed is important to scalping trades and trailing stops, it makes sense to use NinjaTrader’s ATM Strategy feature to preconfigure common profit target and stop loss values.
The SuperDOM presents a drop-down list containing preconfigured ATM Strategies. After experimenting with the Trade Scalper for some time, configure the most common ATM Strategies you’ll need. When you’re in a trade, you can click the most appropriate one. This will help ensure your passions or aloofness won’t get the best of you. Successful trading is about finding winners AND mitigating loss. Having a good, low-cost broker is important, too, because of the round-turn commission rates on each trade.
Do you need to take every signal? No, in fact you can filter the signals using the ATR. This is taught in the Trade Scalper course. You can also combine it with your existing trading methods. John Paul often uses the Trade Scalper and Atlas Line together. The Atlas Line can be used like a long-range estimation of where price may go. While price is beneath or above, scalp in that direction when the scalping signals present themselves.
It seems like more and more people are turning to day trading in hopes to find prosperity in their lives. While there are no guarantees in this line of activity, there are certainly lessons to be learned. Those lessons, in of themselves, can be highly valuable in getting to know yourself. These lessons may relate to how you handle loss, how you prepare to quickly execute decisions, how wisely you handle success and retain that success, and how you can manage your attention, finances, commitment, and energy in the long-term.
DayTradeToWin often aims to help beginner traders get started on such a path. Instead of relying on complex methodologies, DayTradeToWin focuses on recognizing candle patterns and then applying rules to place and manage trades. Of course, the first step in day trading is understanding basic concepts and trading software. Basic concepts include definition of trading words. Glossaries exist for such things, though context can explain much. There are many helpful videos for how to learn NinjaTrader. DayTradeToWin has produced a couple that stand out from pretty much all others out there.
Now, what is this “Easy Trading Strategy for Beginners” discussed in the video? It’s the Trade Scalper from DayTradeToWin. Yes, the Trade Scalper is not considered a complicated trading system. That’s because the rules are relatively simple once you are taught them and know what to look for. The software further simplifies the identification of opportunities via Long and Short signals of two types: Long and Short (regular) and DW Long and DW short (double-wick).
When scalping, you must be quick. This is why it’s important to spend time configuring ATM Strategies before trading with real money. You want to get a feel for how the trading method “handles” and account for common profit target goals and stop loss risk values. An ATM Strategy will let you preconfigure these values and select the most appropriate one for the current market conditions.
Want to trade two types of charts in one chart window? This video will teach you how. Doing so will quickly let you get a glimpse of different types of market activity. You can run a 1-Minute chart alongside a 5-Minute chart, for example. On each chart, you can have the appropriate indicator. In other words, you could scalp on the 1-Minute chart and using the Atlas Line on the 5-Minute.
It is also possible to add a panel for the ATR and place it in between the two charts. The video shows this. This is a good configuration because you can see when signals match up or confirm one another, or when one filters out another, in order to decide to take a trade or to skip. Because the ATR is used as a volatility, profit target, and stop loss indicator, it makes sense to have its position centralized within the chart.
In case you are wondering, the Trade Scalper is used in this video. A 1-Minute chart is on top and a 5-Minute chart below. One DayTradeToWin testimonial is written by someone who likes to confirm movement on both chart types. He does not indicate that he uses the Atlas Line or any other indicator. This may be an indication he’s only using the Trade Scalper, which is interesting, because it may appeal to you as all all-encompassing scalping trading method.
If you prefer not to have multiple chart types within one charting window, you may separate charts into tabs using the tab area on the bottom of the chart. This way, you can select among the tabs/charts as needed. If you happen to look at multiple charts on a regular basis, perhaps having multiple chart windows will be your best option. In that case, you may want special software to position these charts to maximization organization and screen space. The DayTradeToWin website discusses software that will help you do this.
There’s a common expression for those who trade GME stock: “to the moon!” Well, the ride to the moon can be a bumpy one. One of the causes for turbulence is manipulation.
Manipulation is when human traders or their software/systems intentionally interfere with market activity to gain an advantage. And if you’ve been following the GME drama over these recent months, there have been all sorts of back and forth accusations from the big guys and the regular folks.
If you do some digging on YouTube, you can readily find hedge fund-types admitting to manipulation and how they do it. In some cases they say they do it because there are no rules against it. Indeed, there are exploited loopholes. But what can you do as an individual trader or investor?
John Paul from DayTradeToWin advises learning how to recognize certain manipulation patterns and stay out of the market when they occur. You can also potentially capitalize on these opportunities if you have the right techniques, namely, the Roadmap software.
Throughout the new video, he shares his Roadmap software and explains how its zones and signals serve to keep a trader informed. When price approaches a zone, it’s time to pay attention. We can expect price to bounce off of go through it. In some cases, a Long or Short signal is produced. At that point, you can place a trade according to the rules. Where are the rules taught? How do you get the Roadmap? At this point in time, the only way is to enroll in the full eight week trading bootcamp known as Mentorship.
One of the reasons why manipulation is effective is because it lures in everyday traders with false indications. By pumping and dumping large sums, a big firm can control the market somewhat. If other systems are “in” on these schemes and can see the ripples generated by another firm, what’s to stop a trading algorithm from dumping millions of dollars more in the market, exacerbating the manipulation? This could happen in a very short period of time. How would regulation stop this? You could drive yourself crazy thinking about how to beat high frequency trading algorithms. However, you’re a human trader. These systems are trading at the micro or millisecond level right at the exchange. They have computation and physics at their disposal. They have the best and brightest from top universities molding neural networks to maximize profits.
When it comes to manipulation, it’s better to go with what works. And according to DayTradeToWin’s John Paul, that’s the Roadmap and the other methods taught in the eight-week trading school.
