PRIOR TRADING EXPERIENCE PREFERRED, BUT NOT NECESSARY.
MODULE 1 - SHORT SELLING BENEFITS
Since fear sets in faster than greed, short selling is always preferred for active traders. However, why is there a bull statue on Wall Street instead of a bear? This module will highlight the essentials of becoming a bull bias trader, but also the importance of timing short trades.
MODULE 2 - SCALPING
With commissions being zero, scalping is a method that blossomed over the last few years. It is the act of making numerous trades by realizing small profits over and over by betting on overbought/oversold conditions.
MODULE 3 - MOMENTUM TRADING
Buy and hold is not dead, but why waste time time sitting in companies that are not moving? Your annual yield will greatly improve if you can watch many stocks at once and jump on the once that are moving.
MODULE 4 - HOW TO LOSE YOUR EGO AND SURVIVE ANOTHER DAY
It took me many years to conquer this due to being a very stubborn individual. Admitting that you are wrong and taking a loss as soon as possible, is the best decision for capital preservation. The problem lies when you admit that you're wrong, but you were actually right.
MODULE 5 - MARKET MANIPULATIONS, HOW TO SPOT AND AVOID THEM
If you do decide to trade throughout the entire day versus just the market open and lunch time in New York, then most certainly you will be battling computer algorithms. For this reason, you should be aware of all the manipulations that you will encounter and how to avoid or battle against them successfully.
MODULE 6 - LIVE TRADING
Examining my live trading videos and numerous different scenarios will make you very sharp and aware of everything that could go wrong. Just like chess, there are countless scenarios that could occur, so we picked the best ones that occur frequently.
IS DAY TRADING TRULY FOR YOU?
It takes a unique individual with strong emotional character to withstand losses on weekly basis and come back to the market with the same confidence. We strongly urge you to start with the Swing Trading course if you are new to the markets regardless if you have $25,000 or not.
Are you an emotional person? It matters.
Day Trading is the most rewarding and emotionally unstable career path, it is NOT for everyone! Some individuals can't tolerate losing money and become too emotional. For this reason, intelligence could be viewed as a secondary factor in becoming a consistently profitable trader, with discipline being the primary driver.
Don't forget who you are battling against.
With recent Wall Street Bets reddit group frenzy and cryptocurrency trading, daytrading has gained more popularity than I've ever imagined in the last 16 years. As a day trader, you should analyze and study your primary competitors - ROBOTS.
Fractional Trading leaves you with the worst price.
Algorithm based softwares are deployed by financial institutions to be able to predict the next trade in milliseconds and execute it with fractional trading prices in dark pools, leaving you (the retail trader) with the leftover crumbs. For this reason, many daytraders have vanished after year 2008 or switched their strategies to survive.
Adapting by focusing on high probability trades.
My courses will teach you how to avoid algo trading by focusing on momentum value plays on higher statistical probability scenarios and taking advantage of specific trading periods to be completely untouchable.