MY LATEST BOOK
FREE WITH MY DAYTRADING/SWING TRADING COURSE
Just how profitable is the right kind of STOCK trading model. Many people over the years have done some excellent research into daytrading and we continue that tradition of testing different daytrading models with THREE main aims. 1. Lower false signals. 2. Maximise Profitability. 3. Low drawdowns. These are the keys to a great daytrading model but their is often a trade off between profitability and false signals and drawdowns. These daytrading models work in any market. Here are the results for a very basic daytrading model with no refinements at all. It's results were as follows: Market Profits $ S&P500 247K Bonds 227k Gold 95k BP/USD 242K Coffee 135k Cotton 71k DAYTRADER BASIC - Basic Trading Model Results for daytrading the SP500. Results for SP500 FROM 1ST JAN 2007 TO 31ST JULY 2007 Gross Gained 853 Gross Lost 44 Total no of trades 126 Percent Profitable 76% No of winnning trades 96 No of losing trades 30 Largest winning trade 49 pts Largest losing trade 2 pts Max consecutive winners 9 Max consecutive losers 4 Max closed out drawdown 8 points
I took away very valuable nuggets from this ebook. Plenty that I didn't know already, but sometimes things you already know get presented in a different manner and that's what finally turns the light bulb on for you. As a stock daytrader I am always looking for ways to improve. R.Kasch
One last note about the phd method, you will not read it and become a better trader. Learning to trade is like learning to drive a car. You can't read a book and then go out and drive successfully. You have to practice. You have to see whats working and do more of it, and you have to see whats not working and do less of that. And most importantly you have to do it enough so you get to the point where you feel comfortable with anything the road (or market) throws at you. J.Buckley
Awesome method that has really opened my eyes to method of daytrading that I was unaware of, also your exit rule has really helped me to take my profits and as a result i'm profitable for the first time in months. Thank you. B. Kesseck
Thank you so much. The position trading course that was included FREE has helped me make over $800 in the last month alone. A.Morrison
Warning: this is a little known but very important way your brain works. Have you ever experienced going into town to buy something and you look everywhere but cant find it. Then suddenly you find it and buy it. Now as soon as you buy it you walk out the shop and start noticing the same product everywhere. This is your RAS at work. RAS = RECTICULAR ACTIVATION SYSTEM We all have one and it can work for or against you especially when it comes to trading. Some traders look at charts and keep making the same mistakes over and over again. Thats why you need to keep a diary and charts of all your trades, even when daytrading. Another example of RAS at work happened to me a while ago, I have been going to the same supermarket for months. Now a few weeks ago I was introduced to a certain gentleman who I would be seeing regularly within a month. The next time I went round the supermarket I saw him at the checkout, he stood out. He shops their regularly but I never saw him until I was introduced to him and then I started seeing him every week. That was RAS at work. Your reticular activating system can either help you spot profitable trades or losing trades. If it gets into the habit of focusing on losing trades you will keep losing money. Thats why you need a tried and trusted system or method like PROVEN DAYTRADING SECRETS to help train your reticular activating system to recognize the profitable trades.