Day Trade Fun

This is a discussion on Day Trade Fun within the Trading Systems forums, part of the Methods category; Does anyone know aynthing about Jay Ratliff and daytradefun.com? He runs a 12 month daytrading training program that runs about ...

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Old Mar 24, 2013, 9:51pm   #1
 
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Day Trade Fun

Does anyone know aynthing about Jay Ratliff and daytradefun.com? He runs a 12 month daytrading training program that runs about $30,000. Just curious if anyone has heard of it or knows about his program.
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Old Mar 24, 2013, 9:59pm   #2
 
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Cool Re: Day Trade Fun

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Originally Posted by newtrader0069 View Post
Does anyone know aynthing about Jay Ratliff and daytradefun.com? He runs a 12 month daytrading training program that runs about $30,000. Just curious if anyone has heard of it or knows about his program.
wow- $33000 -thats cheap- should recoup that in six weeks ?
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....Indicators show the past. Price Action "Indicates" the future.
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Old Mar 24, 2013, 10:57pm   #3
 
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Re: Day Trade Fun

Cheap website,guess he only needs 1 taker a year to be ahead
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Old Mar 24, 2013, 10:57pm   #4
 
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Re: Day Trade Fun

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wow- $33000 -thats cheap- should recoup that in six weeks ?
day trading nah, done had that in my first few days innit
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Old Jun 8, 2013, 9:22pm   #5
 
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Re: Day Trade Fun

I guess the one who has the most fun is Jay himself when you sign up
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Old Jun 9, 2013, 10:11am   #6
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Re: Day Trade or any time frame free tip

Investing that kind of money just doesn't sound right ... Trading needs to be a totally simplified process in order to make sense of it as there can be so much information to process.
When you think about it all you want to do is what the masses are doing. Either going long or going short, or if your not comfortable with charts analysis stay out.
"This system works on all time frames"
example 5 min chart
Open a 5 min chart put a moving average on it MA70. When price action crosses it up or down enter your trade with a stop loss. PS: YOU CANNOT HESITATE. Also this system requires you to wait and not waiting can kill most traders.
When it crosses in the opposite direction close trade.
Over 5 years I have come to use this after trying millions of ways (it seems that way anyway). but really think about this method ... simple is best. Keeping your pshyci healthy is a very important thing, this method removes most of the emotion. Hey If I come across as an over simplified know it all ... shoot me but I hope this could help some one out there. You don't need to spend 000's
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Old Jun 9, 2013, 1:21pm   #7
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Re: Day Trade or any time frame free tip

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Originally Posted by DDR View Post
Investing that kind of money just doesn't sound right ... Trading needs to be a totally simplified process in order to make sense of it as there can be so much information to process.
When you think about it all you want to do is what the masses are doing. Either going long or going short, or if your not comfortable with charts analysis stay out.
"This system works on all time frames"
example 5 min chart
Open a 5 min chart put a moving average on it MA70. When price action crosses it up or down enter your trade with a stop loss. PS: YOU CANNOT HESITATE. Also this system requires you to wait and not waiting can kill most traders.
When it crosses in the opposite direction close trade.
Over 5 years I have come to use this after trying millions of ways (it seems that way anyway). but really think about this method ... simple is best. Keeping your pshyci healthy is a very important thing, this method removes most of the emotion. Hey If I come across as an over simplified know it all ... shoot me but I hope this could help some one out there. You don't need to spend 000's
You will probably notice a large number of consecutive losses when markets are choppy with a long-term moving average on a 5-minute chart.
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Old Jun 9, 2013, 4:09pm   #8
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Re: Day Trade or any time frame free tip

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Originally Posted by hacks View Post
You will probably notice a large number of consecutive losses when markets are choppy with a long-term moving average on a 5-minute chart.
hacks this is true in choppy markets, but what system work's in a choppy market.

If you adjust your gain limits tighter you can still use this but once again staying out of chop is best.
The reason this sytem works for me was before I was deliberating and waiting for confirmation trying to read indicators which cold be read 2 ways thus missing good moves.
Time over time backtesting this way has shown it's better than what I use to do.
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