What Successful Day Traders Do to Prevent Risks

Has the following ever happened to you? You get a signal from your trading system – it’s go to long/buy. Now, you quickly have to place a trade. Fumbling, you click the wrong order type or put too much risk on the trade. If you cancel your orders and resumbit them, that means “back of the line” and you may not get filled. If only there was a way to reduce the headache and streamline the placement of orders!

…Well, in NinjaTrader 8, this is possible. We are big fans of the ATM Strategy feature in Ninja’s trading platform. The above video covers just about everything you’d want to know about how to configure an ATM Strategy. Of course, the video does not go into detail about what profit target and stop loss values you should use. That’s going to be up to you because you may be using a different method than the next person and so on. Therefore, it may behoove you to set up ATM Strategies pertinent to common scenarios you find yourself in.

With day trading systems, it is common to go for a certain amount of ticks or points. If your trading system is based on price action, you may use a dynamic (changing) value for the profit target and stop loss. That’s what they teach over at DayTradeToWin.com. As such, consider what your trading coach or course says. Configure the most common profit targets and stop losses according to the instructions.

If you prefer NinjaTrader 8’s Chart Trader rather than a SuperDOM, you can select preconfigured ATM Strategies from the same style of drop-down. Remember, to configure them, select Custom, which will bring up the configuration area. It’s also important to using a naming scheme that alphabetizes the various ATM Strategies. For example, “P4S8” describes to your mind a profit target of four ticks and a stop loss of eight ticks. A variation could be “P6S10” and son on. Get it?

So, hopefully we resolved some of your nervousness when placing trades. How does Benjamin Franklin’s expression go? ““An ounce of prevention is worth a pound of cure.” Successful trading is as much about risk management as it is finding winners – and sometimes, even more!

How to Become a Winning Trader: A Perspective Shift

Below, you’ll find an image that may help you as a person and as a trader.

Ever heard the expression, “You are what you eat?”

Well, there is some truth in that, as one’s diet can affect one’s temperment.

Let’s go beyond that though. Upon further consideration, the following may be surprisingly simple and complex at the time: “You are what you think.”

A person who maintains a negative outlook on himself and the world will probably be negative. Inversely, a positive-thought person will likely appear as positive.

Is there more to this? Yes. The next time you go into a bookstore, walk through the sections pertaining to quantum physics, metaphysics, ancient cultures, and more. Upon research and contemplation, you may be struck with the idea, “Perhaps there is something to all this consciousness affecting reality stuff.”

…Though that may be a start for some, the truth-seeking is far from over.

There is a saying that goes something like, both before and after enlightenment, one must continue chopping wood. In other words, expect to continue you daily occupation regardless of what may well be a divine experience. Thus, unless you renounce materialism and figure out how to go live in the mountains, it is likely you would still endeavor to be a day trader.

Of course, a day trader is a human being who faces day-to-day human challenges. Sometimes, a shift in perspective helps. In that spirit, we share with you the following image. May it help you on your journey!

Winning vs. Losing Trading Self-Help Advice

Download the above self-help day trading PDF on the DayTradeToWin.com blog

Does Your Trading System Produce These Results?

Here, we have John Paul from DayTradeToWin reviewing trading signals from multiple days, back-to-back. You will see the Atlas Line and the Trade Scalper signals and how these may have resulted in winning trades in the E-mini S&P 500 futures market. Once you’re a customer, you will see the same signals. Day Trade To Win helps clients configure their trading platform to be a complete practice environment for simulated futures trading. The idea is to get as close to real-money conditions without risking real funds in the markets. Why increase risk while learning? Once you’re ready to trade with real money, you can then purchase or lease the NinjaTrader 8 platform and open and fund a brokerage account.

The Atlas Line is useful as a standalone trading method and works nicely with other trading systems. The line begins plotting soon after market open and remains consistent in direction throughout the day. When price intersects the line and closes twice above or below, signals will appear. These are the main Long (buy) and Short (sell) signals. Additional Strength (S) and Pullback (P) signals are included. The “how” and “why” behind those signals are included in the customer-only live training. At about 2:35 in the video, you can see a collection of signals discussed, with the major identified as winners.

Generally, scalping is fast trading, in and out with smaller profit goals. The Trade Scalper scalping strategy is shown at 3:45 in the video. The signals appear with a directional triangle and are colored to represent Short or Long. On a 1-Minute chart, you could well see eight or more signals before noon. The Trade Scalper is also compatible with a 2 Range chart. The customer training fully explains how this strategy work, so you could trade it without software if you want. This is one of the most popular trading systems offered by DayTradeToWin.

Learn & Use This Price Action Trading Strategy Tomorrow

What if you could learn a trading method today and use it on tomorrow’s charts? That’s what we’re offering, here. The ABC Method divides the day into three sections: A, B, and C. Look for breakout opportunities in the B section based on the highest high and lowest low of A. Look for breakouts in C based on the highs and lows of B. You’ll need to watch the video from about 6:00 forward to learn all of the specifics. No indicator is required for this method; it’s all based on price action. If you want to use the ABC Indicator, purchase the ATO 2 method or enroll in our eight-week Mentorship Program.

Earlier in the video, you’ll review the performance of multiple trading systems including the Trade Scalper, Atlas Line, and ATO 2. The Atlas Line and Trade Scalper can be used on the same 1-Minute chart. Traditionally, the Atlas Line was used on a 5-Minute, but it’s flexible. It can be a tad confusing looking at indicators and determining what signal belongs to what system. The Atlas Line indicator consists of the dashed (pink in this case) diagonal line, the Atlas Long and Short signals, and the S (Strength) and P (Pullback) signals that appear next to candles. The Trade Scalper signals simply appear as Long or Short with triangles pointing in the corresponding direction. With John Paul’s configuration, the ATO 2 signals have a white background. They, too, use a similar Long and Short text format. Signal colors and other settings can be adjusted in the indicator settings area for each indicator.

Watch the full video because at 28:00 or so, John Paul shares his special Roadmap method/indicator. The Roadmap is included in the eight-week Mentorship “trading bootcamp” only. It can be used as a primary filter as well as an indicator of potential trends. Also, it provides Long and Short signals. The filtering occurs all day long, so you can see how valuable it is to combine the Roadmap with other methods like the Atlas Line and Trade Scalper. The Roadmap considers buyers and sellers, which can be considered external influences on price. Want to use the Roadmap? Enroll in the next eight-week Mentorship Program via this link.

Stay-At-Home Income Idea: Day Trading

In the movies or among your friends, you’ve probably heard about day traders who make money (or attempt to) day trading from their home computers. Yes, it’s real. Yes, it’s possible to both make and lose money. Yes, there are a number of educational courses, software, etc. designed to hopefully improve your chances in the markets. DayTradeToWin specializes in such programs, offering individually sold courses/software (ATO 2, Atlas Line, and Trade Scalper) as well as an eight-week trading bootcamp called Mentorship.

What makes DayTradeToWin different than other trading educators is the 10+ year online presence and the unique price action methods. Very few in this industry can say they’ve been operating over 10 years selling trading systems. In fact, many people put up websites trying to make a quick buck by promising the moon. That’s not a long-term strategy. These so-called educators are usually shut down or go out of business. There’s a reason why DayTradeToWin is still around with time-tested strategies. Customer care/support is super important. Email support is included with purchase. Every purchase includes at least one training video. Everyone learns differently, so it’s important to provide multiple resources.

Regarding price action, that simply refers to the style of trading. Some people use astrology, news events, or other highly interpretive/subjective methods. We believe following the price, listening to what price “tells us,” is the best way to trade. We keep our expectations in line with what the market can reasonably produce at a given moment. There’s no sense in going for big money if the market has been slow in the last 15 minutes. Likewise, why reduce profit potential with a small profit target under volatile conditions? Price action allows a trader to stay realistic and adaptable.

Even if you have zero experience using a trading platform, reach out to [email protected] for assistance. There are free training videos you can get. You can download the NinjaTrader 8 trading platform to practice. There’s no cost in this. Then you can purchase one of the courses or enroll in the eight-week program. There may be no better time to learn trading than now, when you’re home and have some extra time! Click here to see all the trading courses and software.

Profitable Scalping System? 6 Points Using Price Action?

Take a look at this nice Long (buy) Trade Scalper signal for the E-mini. John Paul places an order live. The signal is based on price action. This means that recent price activity read by the Trade Scalper indicator said, “There’s a fair chance price will rise.” The ATR (Average True Range) is the yellow line and value at the bottom. We use the ATR to dynamically determine the profit target and stop loss. This helps us stay in the trade during regular market fluctuations. We want price to move in the direction predicted by the indicator. Getting stopped out prematurely is no fun and can be costly. That’s why you have to use a reasonable stop loss. Being overly conservative can be costly. Yes, you can use another indicator like the Trade Scalper to filter out Trade Scalper trades or get a sense of overall expected market direction.

As discussed around 3:42, we also use time to determine when to get out. We call this a “time-based stop” because if we do not exit with a profit, we can to discontinue the open position due to increased risk. An experienced trader should be able to tell you that it’s unwise to hold any position for too long. The market can be hit with volatility at any moment. Trades are time-sensitive. This is especially true and consistent with the concept of scalping: scalping generally means get in and out quickly. You’ll see how John Paul exited a later position because he should have placed the trade earlier. Price already hit the profit target. It’s unwise to get into a position too late.

You can also get the Trade Scalper in the eight-week “trading bootcamp” called Mentorship. Many people are starting to look at alternative income strategies. Day trading has long been an option, though false feelings of, “It sounds too complicated” have deterred many. This is not true: many people with no experience trading have been taught trading. Mentorship is the best way to get training for all of our methods in one complete experience. We’ll take you from start to finish. The goal is to make you a proficient trader who can tackle the markets daily for big wins.

Circuit-Breaker Trading Halts: What You Should Know

Volatility within the last couple of months has triggered days in which markets pause/halt trading temporarily to prevent a huge drop. There are three stages of halt that attempt to curb big drops. Level 1, a halt of 15-minutes, is triggered when the S&P falls 7%. Level 2, another halt of 15-minutes, is triggered when the S&P falls 13%. Level 3, a permanent halt for the day, occurs when the S&P falls 20%.

We have seen such activity in the past. For example, in 1987, the Dow dropped 22.6% one day.

As shown in the video, one can still trade these volatile days. In fact, the Atlas Line and Trade Scalper may excel at producing trading signals at opportune times (ahead of a big move down). During such volatility, you may want to use a 1-Minute chart with the Trade Scalper rather than a 2-Range chart. Be sure to use an ATM Strategy with larger values because you may not have enough time to adjust your profit target and stop loss once in a trade under fast conditions.

Do you expect this volatility to continue? Whatever the future may have in store for us, the Atlas Line, Trade Scalper, and other trading methods taught at DayTradeToWin.com have stood the test of time. Will the U.S. Treasury be an effective replacement for the Federal Reserve? At what point will the markets go back to “normal”? Is volatility the new normal? Do you want to see cryptocurrency accepted as part of an official U.S. currency? These are questions that can only be answered in time. Stay healthy and safe!

What’s the Best Way to Trade Volatile Markets?

Lately, we’ve seen significant volatility in the E-mini S&P 500 and other futures and currencies. It’s easy to get stopped out and also easy to reach a greater profit target if price runs in your favor. If your existing trading methods no longer work as well, it may be time to switch up your approach. In this trading video, John Paul from DayTradeToWin.com shares how he tackles fast conditions.

The good news is that for profitable conditions, we need price to have a direction. Volatility tends to produce trends. The Atlas Line often does well with trends, as it provides a directional, diagonal line. The line itself is used to determine entry points. When two closing bars above or below the line occur, an entry signal appears. When above, the signal will be long. When below, the signal will be short.

The Atlas Line plots about 20 to 25 minutes after the market opens. This helps you avoid the frantic chop of market open. The line grows in the same direction until the afternoon around the time of market close. The amount of signals you will see depends on how many line intersects occur. Additionally, you will get Strength (S) and Pullback (P) signals. The rules of which are taught in the exclusive live training and training video. You may use a SuperDOM (our preference) or NinjaTrader 8’s Chart Trader to place trades based on the signals. Click here to purchase the Atlas Line.

A New Group Mentorship Program Begins April 28, 2020


Good news! A new mentorship class will begin on April 28, 2020. This eight weeks of live training will show you everything you need to learn to successfully trade futures and currencies. All courses and qualifications are included for complete, non-expiring licenses. And, there are twice-weekly classes in this new session.

In addition to that, we expect this new session to be filled in quickly. We suggest that it’s a good idea to book your seat as soon as possible.

So, to make a $500 deposit for the new group mentorship program, click here. This deposit will protect your seat and give you the first week’s materials ahead of time. You will instantly obtain the ATO 2 course and program from NinjaTrader!

See the students’ actual Mentorship Program reviews for your reference. For more information and to keep up to date, you can visit our site.

Atlas Line Analysis for U.S. and International Traders

Atlas Line

Here’s a fast, nice video examining the signals for the Atlas Line of today, November 21, 2019. With the E-mini S&P 500 market, everyone using the Atlas Line today received the same signals. So, whatever kind of license you have from Atlas Line, this is true: 6-Month or Lifetime. The first Atlas Line trade was worth about + 2.5 points, but the time-based stop was meant to get you out at break-even if you didn’t make a profit.

Note that when calculating your income or lack of it, you include broker fees (commissions) in your estimates. You can use NinjaTrader’s Trade Performance feature (accessible via the NinjaTrader Control Center > New > Trade Performance) to generate a performance report. In the Trade Value pane, state “from” and “to” dates and press Generate. This is a great way of keeping track of both live and simulated trading performances.

In eight weeks, would you like to learn all of our methods? Skip the learning curve by signing up for our eight-week course of group mentorship. On Dec. 3, 2019, the next class will start. It’s the most cost-effective way to learn everything in a short time. Through mentoring alone, many different techniques are taught, such as the Roadmap.