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Let Me Show You How To Make Money Day Trading - Simple Step by Step
To Learn more visit http://daytradervideo.com Hey Ya'll we are going to cut straight to
the chase today and get right into the market recap. At the end of the recap we'll talk
more about the subject for the day, which is a very common question I'm asked on an
almost daily basis. In fact I'm about to rant off because I just had an interesting thought.
What I'm most commonly asked other than how to make money day trading is how is it that
you can be so good at both poker and trading. And as I let some of you all know in yesterday's
recap there is no magic pill or secret formula for doing this. What it takes is something
most people will never be able to understand. And it's actually incredibly simple to be
honest. The magic answer that many of you wanted to
know is, the ability to learn the proper way. It's something that is often overlooked and
not many people can completely comprehend this. That's the big secret and that's the
way I'm able to make money day trading on a nearly daily basis.
In future videos I will do my best to explain this to you all. But for now we'll leave it
at that and get into the market recap. That's actually the real reason that most of you
are here. You are all about knowing the results and finding out what exactly I made in the
market today. So, in generally we had a heck of a day yesterday
and today's pre-market gave us every indication that history would not repeat itself. As you
can see from the chart the pre-market was almost non existent and was nothing like what
we saw in yesterday's recap. Right out of the gate we did have an opportunity
to go long in the market and eventually that trade would fail. Immediately following that
trade we had an opportunity to the downside and once again we had another failed trade.
So, at t his point the first thing I noticed is that the market had the potential to go
choppy and I wanted to give it a bit of time to settle down until I would begin looking
for trades again. Eventually that happened again with a really good short that I took
for two points. And prior to quitting time a long opportunity came up that I took for
a short profit. This was mainly because longs just hadn't worked all day.
As you can see if you stick to the rules it isn't that hard to make money day trading
even on really crappy days.