Candace Pendleton or the ascent of a day trading strategist? Frustrated with the high-priced, over-hyped trading educators, I made two decisions: 1) Never buy another high-priced course 2) Create my own DANG trading system The hope soon turned into disappointments. I lost more money than I ever made. So, I combined everything I had learned and created a simple trading system. When I applied this new trading compilation to my own charts, I started hitting “home runs”. Even after testing this for thousands of chart hours, I couldn’t believe that something can be so incredibly accurate.
Candace Pendleton is a prolific trader and mentor with over two decades of experience day trading the futures market. Using her system and coaching, thousands of people trade profitably and achieve financial freedom. She founded 123EasyTrade in 2010 and Commodities University in 2015. Hi Candace, FYI —I have turned the corner in my trading! Started this week in the red but made $520 in four trades today, 1 contract. Back in the green this week. With the 123 Easy Trade system I now place trades with expectations of profit even after large draw downs. Pat D. Just wanted to let you know how much I appreciate your system. Just started trading live and made $112.50 on ES trade this morning. I am very happy. Thanks, Tommie Lynne.
A day trade is exactly the same as any stock trade except that both the purchase of a stock and its sale occur within the same day, and sometimes within seconds of each other. For example, say a day trader has completed a technical analysis of a company called Intuitive Sciences Inc. (ISI). The analysis indicates that this stock, which is listed in the Nasdaq 100, shows a pattern of rising in price by at least 0.6% on most of the days when the NASDAQ is up more than 0.4%. The trader has reason to believe that this is going to be one of those days. The trader buys 1,000 shares of ISI when the market opens, then waits until ISI reaches a particular price point, probably up 0.6%. The trader then immediately sells the entire holding in ISI. This is a day trade. Obviously, the merits of ISI as an investment have nothing to do with the day trader’s actions. A trend is being exploited.
Our trading education courses are covering all the major areas, including technical analysis, fundamental analysis, risk management and trading psychology. Furthermore, all the courses are highly interactive and allow you to choose an area of study that would best fit your interests, trading style, assets class and learning objectives. Taking our 1-2-1 trading education course will also let you learn how to trade at your own pace and choose which topics you would like to focus on more extensively, if you find them a little bit harder to understand. This style of learning has proven to be, by far, the most tailored way of learning how to trade.
I have been so busy starting work. So yes I started my live trading today early in the morning. I made $1,990.00 all on the Russell’s (TF). My other platforms weren’t working because my CME was not connected for a reason that I don’t understand. So by 8:40 i stop trading with $1,990 extra in my account. I am a very simple trader. I bought 4 contracts each time going long and then short following both the 1597 and the unirenko (4,8,4). Made sure that at least 4 of the indicators showed before I enter the trade. That is set. No more. It took me like one hour and a half. I wish that I was home to keep trading. You are a gift to humanity and to those that understand your indicators.
Profiting from day trading is possible, but the success rate is inherently lower because it is risky and requires considerable skill. And don’t underestimate the role that luck and good timing play. A stroke of bad luck can sink even the most experienced day trader. How Does a Day Trader Get Started? Professional day traders—those who trade for a living rather than as a hobby—are typically well established in the field.2 They usually have in-depth knowledge of the marketplace, too. Here are some of the prerequisites required to be a successful day trader. Individuals who attempt to day-trade without an understanding of market fundamentals often lose money. A working knowledge of technical analysis and chart reading is a good start. But without a deep understanding of the market and its unique risks, charts can be deceiving.
Trading practice shows that in any market and assets (currency pairs, stocks, futures) up to 80% of transactions open on the trend end in profit. And for binary options signals with a predetermined expiration time, the presence of an explicit price direction is mandatory. Let’s start by defining what a trend is: Uptrend or «bullish». Each next price maximum (top) and minimum (trough) is higher than the previous one. Downtrend or «bearish». Each next max/min is lower than the previous one. To simplify the analysis, trend lines are plotted on the chart after at least three max/min. Training courses binary options for newbies recommend opening trades only in the direction of the main trend.
Meet Candace Pendleton and some of her trading futures specialist thoughts: There was a time years ago when the only people able to trade actively in the stock market were those working for large financial institutions, brokerages, and trading houses. The arrival of online trading, along with instantaneous dissemination of news, have leveled the playing—or should we say trading—field. The easy-to-use trading apps and 0% commissions of services like Robinhood, TD Ameritrade, and Charles Schwab have made it easier than ever for retail investors to attempt to trade like the pros.