Do you have what it takes to be a trader and is DayTradingRadio right for you?
Day Trading Radio has been around for 15 years bringing the most comprehensive market/trading coverage on the internet.
Learn the most successful technique to making daily income and believe me when i tell you that the weak link in the method is the trader.
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Do you have what it takes to be a trader and is Daytradingradio the right fit for you? In this video I try to answer those questions. Do you have free time during the day 6:00am-4:00pm est at least a few hours a day to trade in between the hours I am on the air?
Do you have a minimum $2500.00-$5000.00?
Can you get up to speed by watching my 5-part series on income trading?
I specialize in divergence trading and as a benchmark I trade between 1-3 Contracts
My Goal is 100-200 per day minimum.
Think of it this way
1 MES Contract is $5 per point. To reach $100.00 would be 20 points
2 MES Contracts are 10.00 per point. To reach $100.00 would be 10 points
3 MES Contracts are $15.00 per Point to reach $100.00 would be ~7 points
3 Star Divergences average 4-8 points. Requiring 1-2 trades to reach $100
On average. there are two to three 3-star divergences during the day.
Today there was a 3-star divergence at 10:30am and another one at 11:40 both for over 10+ points
2 Star Divergences average 3-7 points. Requiring 3-4 trades to reach $100
This is just a basic outline and there are a lot of variables and potential for much bigger gains these are based on a strict set of rules and an automatic exit. Depending on un underlying larger time frames the results could increase dramatically.
There is some experience and intuition that comes into play and understanding market trends, but that what i am there for and help guide you
There are so many want to be traders out there, and if you just got started during the pandemic years then you probably got hit very hard in this bear market correction. The correction is here and closer to the end then to the beginning. Time to learn how to make money not just get lucky
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