I have a fantastic new way to present my Day Trading lessons. I now use video screencast software that shows real-time charts that are moving while I'm actually doing a Day Trade. It also allows me to talk about what's going on, and you can hear me call out what I think will happen next. I also call out when I make a Buy and when I Sell, and the reasons I bought or sold. You can find the latest video charts by clicking the VIDEO CHARTS link in the left column.
There are two kinds of Day Trading:
The first is called "Scalping", which entails entering very short term trades with a large amount of shares, hoping for a relatively small movement in the price. Most Scalping trades usually last no more than five or ten minutes, and can give you a few hundred dollars or more in net profits. These kinds of trades are usually done primarily using the one-minute chart, with help from the five-minute chart.
The other style of Day Trading can last much longer. This kind of Day Trade can last as long as an hour, or even a few hours if it goes very well. I will teach you when it's time to stay in a trade to maximize profits if the trade is going well. These kind of trades primarily use the five-minute chart, but I also use the fifteen-minute and the hourly charts too.
Day Trading is a very exciting and fast paced way to trade the Stock Market. It is also the fastest way to learn all about Charts and Technical Indicators in the shortest amount of time. Due to the extreme volatility we've seen in the market in 2008, Day Trading is the safest and most profitable way to trade these days.
Day Trading requires a solid understanding of reading Candlestick Charts and just a few of the Technical Indicators that are included with them. The Technical Indicators will give you very clear Buy and Sell Signals many times a trading session. You must also know how to read Time & Sales and Level 2 windows. That is exactly what you will learn when you take these lessons.
Here is an example of a one and a half day chart of Akamai Technologies (AKAM),
which was my favorite stock to Day Trade in 2005-2006.
As you can see, it moves a dollar or more very quickly, and I'll teach you how to play these swings up and down so that you can profit either way it moves. On the chart below, you are not only limited to buying at the bottom and selling at the top. Once you sell at the top, you can immediately take a Short position and ride it to the bottom. Then you will Cover your Short position and immediately take a Long position and ride it back up to the top.
There are just a few Technical Indicators necessary for my Day Trading strategy to work. The Commodity Channel Index (CCI) gives very clear and accurate Buy and Sell Signals, and I use Stochastics (STO) to confirm them. Bollinger Bands are also very important in my strategy, and Volume is too. The last two Indicators I use are the 5 Simple Moving Average (5-SMA) and the 15 Simple Moving Average (15-SMA) which also give good Buy or Sell Signals.
The chart of TSO below shows how I setup my charts for Day Trading. I also use three extra Technical Indicators known as the Money Indicators. They basically show if there are more Buyers or Sellers. The dark green one at the top is Chaikin Money Flow (CMF), the yellow line is On Balance Volume (OBV), and the light blue one is the Accumulation/Distribution (A/D) line.
In order for my strategy to work, you don't really need to learn these three additional Technical Indicators. It works fine without them, but if you want to learn how to use them that's okay too. That is an advanced lesson I teach after you have mastered the CCI, Stochastics, Bollinger Bands, and the two Moving Averages.
These days I Day Trade the 2X ETF's for the most part. My favorite is SSO which is the Ultra S&P500 ProShares on the Long side. You can also Short Sell this ETF just as easily. A 2X ETF moves two points for every point the S&P500 moves, and that is an easier way to make more money in a shorter period of time. The charts of SSO and the S&P500 move in tandem and almost tick for tick.
As you can see in the chart below, SSO can move up one dollar very quickly. If you had bought 1000 shares at $24.80 you could have sold it fourteen minutes later at $25.80 for a gain of $1000.00 The CCI Buy and Sell Signals on this chart worked perfectly for this trade. My net income from Day Trading exceeds $100,000. per year, and I can teach you how to do this too!
To prove to you the kind of money you can make Day Trading, here are a few examples of real Day Trades I have done recently. I put $21,000. to work when I bought 2000 shares of TSO and made $280. in just three minutes!
Here is another example of a ten minute Day Trade that made $300.00
Here is another example of a seventeen minute Day Trade that made $300.00
Here is another example of an eight minute Day Trade that also made $280.00
This Day Trade took thirty five minutes and made $150.00
I will show you how to Day Trade any stock of your choice (if it meets certain criteria) successfully using only three charts, a Level 2 window, and a Time and Sales window. And on these three charts you will only need to have four Technical Indicators that are the cornerstone of my strategy.
For $50.00 you will receive the written lesson that describes my strategy in detail, plus three hours of time for all of your questions to be answered in your private forum. I'm not real strict about enforcing the three hours. I want you to learn my strategy well, and I'll work with you until you do. You'll also receive 28 Video Charts that describe my entry and exit strategy in a number of different scenarios. The total play time for these videos is over 18 hours.
Click on the bar below to purchase "Zigzagman's Stock Market Day Trading Strategy" for $50.00
To become an affilate seller of this product, and earn $25.00 for every sale you make.
Click HERE!
Thanks for stopping by, and
If you have any questions, please feel free to email me at:
info@stock-market-lessons.com
