Day Trade Fun

[newtrader0069]

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.

 

[neil]

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 ?

 

[Lord Flasheart]

Cheap website,guess he only needs 1 taker a year to be ahead

 

[malaguti]

wow- $33000 -thats cheap- should recoup that in six weeks ?

day trading nah, done had that in my first few days innit :cheesy:

 

[BataviaTrader]

I guess the one who has the most fun is Jay himself when you sign up

 

[DDR]

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

 

[hacks]

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

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.

 

[DDR]

Re: Day Trade or any time frame free tip

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.

 

[hacks]

Re: Day Trade or any time frame free tip

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.

Well, a lot of systems work on choppy markets, but those that do, don't work when markets are trending, i.e. those that use oscillators such as Stochastics, RSI, etc.

Personally I haven't found a way to at least reduce the number of losses that occur in choppy markets, for trading systems that use a moving average. That is why I posted the first reply. If you have found a way I would love to hear it!

 

[malaguti]

Re: Day Trade or any time frame free tip

Well, a lot of systems work on choppy markets, but those that do, don't work when markets are trending, i.e. those that use oscillators such as Stochastics, RSI, etc.

Personally I haven't found a way to at least reduce the number of losses that occur in choppy markets, for trading systems that use a moving average. That is why I posted the first reply. If you have found a way I would love to hear it!

try looking at Point & Figure Hacks

 

[DDR]

Re: Day Trade or any time frame free tip

Well, a lot of systems work on choppy markets, but those that do, don't work when markets are trending, i.e. those that use oscillators such as Stochastics, RSI, etc.

Personally I haven't found a way to at least reduce the number of losses that occur in choppy markets, for trading systems that use a moving average. That is why I posted the first reply. If you have found a way I would love to hear it!

hacks for the record I stay out of choppy markets and I advise others to also. There are thousands of opp's if you wait for your high prob setups, I know guys that can scalp 2 and 3 points each trade all day long in chop but they use Ninja trader a very quick platform. This is not my syle of trading. My initial reply was outlining that you don't have to spend big money to learn trading hence sharing what works for me.
Basically what is your system ?

 

[BataviaTrader]

Re: Day Trade or any time frame free tip

Well, a lot of systems work on choppy markets, but those that do, don't work when markets are trending, i.e. those that use oscillators such as Stochastics, RSI, etc.

Personally I haven't found a way to at least reduce the number of losses that occur in choppy markets, for trading systems that use a moving average. That is why I posted the first reply. If you have found a way I would love to hear it!

Have a look at Ichimoku. When price is in the cloud, do not trade. When it's outside then trade (above: buy, below sell).

But I also believe that, like any strategy, it should fit your personality and you should only use when you feel comfortable using it.

regards