The climb of a day trading strategist : Candace Pendleton? I’m not your typical day-trader. I’m a mother who struggled for years to provide for my family. Twenty years ago I was married to a wonderful man (Bill) with the perfect family. We had two babies under the age of three and life was perfect… until Bill was diagnosed with terminal cancer at the age of 47. He died 62 days later. The shock was nothing less than crippling. With very little money and no skills, the only thing I had left was the determination to never give up. A tiny ray of light appeared when I discovered day trading futures. And just like every newbie, I took trading courses and begin trading.
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. Good Morning Candace! I have to share my tradings with you, I started trading to day at 7:15 a.m. and stop by 9:00 a.m. I made $3,260.00. Hooray!! I use all my entries very wisely. Thank you sooo much! Have a great day!!! Marta. Dear Candace, Traded for 1 hour on Crude with 2 contracts made around $350 live money. rode some pretty good trends. Was up $550 then quit for the day. Your system is perfecto! Tomas R.
For the average investor, day trading can be a daunting proposition because of the number of risks involved. The U.S. Securities and Exchange Commission (SEC) highlights some of the risks of day trading, which are summarized below: Be prepared to suffer severe financial losses: Day traders typically suffer severe financial losses in their first months of trading, and many never make a profit. Day trading is an extremely stressful full-time job: Watching dozens of ticker quotes and price fluctuations to spot fleeting market trends demands great concentration. Day traders depend heavily on borrowing money: Day-trading strategies use the leverage of borrowed money to make profits. Many day traders not only lose all of their own money, they wind up in debt. Don’t believe claims of easy profits: Watch out for hot tips and expert advice from newsletters and websites catering to day traders and remember that educational seminars and classes about day trading may not be objective.
Trading education is suitable for anyone who has a keen interest in learning more about trading the financial markets, including Forex, Stocks and Crypto trading. Whether you are a complete beginner in trading or a seasoned trader, our courses and trading education materials are offering the complete experience. Last but not least, our 1-2-1 trading education is now offered not just face-to-face but also online via webinars, allowing you to take part from wherever you are. All of the trading course materials will be recorded for your future convenience, allowing you to re-visit and refresh your knowledge later on.
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.
Day traders also like stocks that are highly liquid because that gives them the chance to change their position without altering the price of the stock. If a stock price moves higher, traders may take a buy position. If the price moves down, a trader may decide to sell short so they can profit when it falls. Regardless of what technique a day trader uses, they’re usually looking to trade a stock that moves (a lot). Who Makes a Living by Day Trading? There are two primary divisions of professional day traders: those who work alone, and/or those who work for a larger institution. Most day traders who trade for a living work for large players like hedge funds and the proprietary trading desks of banks and financial institutions. These traders have an advantage because they have access to resources such as direct lines to counterparties, a trading desk, large amounts of capital and leverage, and expensive analytical software.
A signal to open a CALL option will rebound upwards from the bottom of mid-channel for PUT-option – top-down from the top edge of the middle. With the right approach to money management, countertrend strategies give 7-8 profitable binary options signals out of 10. Moving average as a basic trend indicator: The reliability of the most popular Moving Average (MA) indicator is ensured by the concept of the average price value for the estimated period of time. It is the moving average that most accurately tracks the direction and strength of the trend on the price chart: if the average looks up, the trend up it moves down, it falls. The benefits of the Moving Average movement indicate the strength of the trend – the larger it is, the longer the movement.
Candace Pendleton and the growth of a day trading strategist: 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.