"Day Trading" Posts
Don’t Be a Day Trader If You Want to Make Money from Day Trading
By Lawrence
The title sounds ridiculous right? Isn’t day trading makes you a day trader already? No. It all depends on how you conduct your day trading business – both as a full time business or a side gig to supplement your income. There is no fucking rule written anywhere that you have to be a trader […]
The Mid-Autumn Festival vs. Full Moon
By Lawrence
Chinese people were celebrating their Mid-Autumn Festival on Thursday worldwide while the astronomy enthusiasts are going to observe the full moon tonight. But isn’t Mid-Autumn Festival supposed to happen on the day of full moon? Since many traders believe in the effect of the moon cycle on various financial markets. It is a good idea […]
Post Brexit World
By Lawrence
As of this time on Friday, S&P500 has repaired all its losses after Brexit. Yet, British Pound is trading near the post Brexit low which is some 12% lower while Euro has repaired half of its losses. The volatility index (VIX) has its steepest decline within a week over the past 20 years. What is […]
How to Compute the Point of No Return Boundaries
By Lawrence
I have introduced the concept of Point of No Return some time ago here. It is not a complex concept but many traders find it difficult to apply the concept in their own trading. I will try to explain how point of no return is calculated in general and how to figure out the right […]
Opinions Are Bad For Your Trading
By LawrenceSeveral members have been exchanging emails with me discussing the potential of a major market shock in near future. One thing that stands out among the group is the way how this discussion has affected the traders involved. I think it is worth talking about here so that more beginner traders are aware of this […]
Secrets In Applying Chart Reading Correctly To Day Trading
By Lawrence
Due to the many limitations day trading has, a day trader cannot apply chart reading the same way like a swing trader whose primary timeframe is daily or weekly level. Many beginner day traders make the mistake of analyzing their charts using all kinds of tools provided by their trading platforms which pushes themselves towards […]
How To Bootstrap Your Way To Day Trade Emini S&P
By Lawrence
Everyone wants to know how to day trade Emini S&P with short stack (i.e. next to no money) but no one really offers any proper answer to the question. There are claims that you can do it but not everyone can hit a lucky streak in the beginning nor being a good trader right from […]
Emini S&P Is Different From Almost All Other Markets
By Lawrence
Normal people has the urge to find a handle on things. They love to learn one specific method to tackle Emini day trading. Trading coaches and indicator vendors love to offer these beginners what they want – a one size fit all answer that these beginners can learn thinking that they will be able to […]
Time To Slack Off 2014 Update
By Lawrence
Last week my trading goal for the year was reached. It happened so early partly because I have a modest goal this year. The main reason, however, was the swing play for the market correction worked out nicely. At this point, it is time for me to slow down with trading and spending more time […]
The Last Stock Market Option Expiration Week of 2014
Last week, everyone yelling year end rally yet S&P 500 keep dropping. This week, everyone turned bearish yet S&P 500 held the ground like a fortress. Last week is expected to drop into this Monday and find a bottom this week to finish the option expiration week at the sweet spot. Not bragging here but […]