How To Make Money Day Trading – – 1 Contract = $500 Payday

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How To Make Money In The Market – 1 Contract = $500 Payday
easy guide for how to make money in the market at http://daytradervideo.com

Hi Traders!

What can I tell you about today other than it was a super awesome day in the market. You can probably tell that by my perky mood. But in this video I’m going to show you just how to make money in the market. It’s much more simple than you think.

Before we get into the keys to making money while day trading. I just wanted to answer something that I’ve been asked quite a bit lately, and that is why can’t you show us your actual results right away. And the answer to that is simple. I don’t want you to create such high expectations for yourself. So, I just wanted to briefly answer that and now onto the keys to day trading.

The key as always is understanding how the market is moving and anticipating what it could do. We do this by taking clues from what it has done already. And with that we start in the pre-market where it looked quite choppy but if you look a little closer you’ll notice that every attempt at a push down failed.

This immediately tells me to be cautious with shorts and that we might have a strong market to the upside. Although this is a tiny clue I don’t want to give it too much credit. But it certainly gets put on my radar. That’s the first thing that we want to pay attention to and eventually it will be the first thing that will show us how to make money in the market.

When we open we get that strong push up that was almost expected and eventually do get an entry. Let the can of whoop a$$ pop open and I’m gonna make the market pay today! That was my outlook on the day.

The plan going into this was again to use a beginner day trading plan and take an automatic exit. It’s a no brainer entry and exit strategy and the same one that I’ve used in the previous two days trading that should show in the link above. It’s a day trading for dummies plan and in the coming weeks I’ll see if I can come up with a day trading for dummies pdf for those of you that keep asking.

So, with that said pretty much the theme of the day was take any long that came my way. I did manage to make a few small mistakes. One was trying to probe a short when in the back of my mind I knew it wasn’t such a good idea. Always follow your gut feeling. There were a few couple of no fills along the way but eventually I finished kicking the market’s a$$ at around 11 o’clock.

I typically do not trade this late but it was moving so well that I actually considered trading all day. When the dust settled though I found myself up $512.50 or just over 10 points with this beginning day trading strategy.

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