Day Trading Crude Oil & Other Markets . . .
My LIVE! Trading Room is now into its 10th year (Yea!) where we day trade Crude Oil, the E-Mini S&P, the E-Mini NASDAQ — starting in 2019 the E-Mini Russell (RTY) — and old stand by
Gold, and the EuroFX . . . where we shoot for $300 to $400 a day, per position — sometimes more — and (hopefully) help others reach their goals of financial independence and security.
Trading is a lifestyle choice.
I’ll explain more about that in a minute.
But first, ask yourself whether you met or exceeded your personal trading goals in 2018? If you met or exceeded reasonable goals — if you’re a Top 3% trader — then you probably wouldn’t be online looking for someone like me that can help you do it!
Second, let me say it took awhile to get here. I started trading stocks in the 1980s and diversified into commodity futures for the first time in 1993. Because of a bad experience with someone who “managed” my account, I started learning everything I could about swing trading . . . so I could do it for myself. And, yep, I used to have to call orders in to my Broker by phone for years and could only get live intra-day data by satellite feed. Now I can just click a mouse and be filled a second later (or less).
Anyway, while learning about swing trading, the day trading bug bit and since late-1999, I’ve been a full-time day trader and continuing student of the markets.
I don’t think you ever stop learning since the markets are constantly changing.
And I’m still amazed at how precisely you can often enter these modern HFT computer-dominated markets . . . sometimes to-the-tick!
For those who are brand new — or are just considering day trading for the first time . . . you might be wondering what can day trading do for you? Well, I think it’s the perfect “job” — either a new career or to provide a steady second income. That’s sometimes critical in the current economy! You can work the hours (or even days) you choose — and do it from anywhere in the world with reliable broadband Internet. It can quickly build (or re-build) your retirement or your kids’ college savings accounts. It can get you out from under crushing debt.
And . . . when you’re profitable, it’s fun! Can you imagine going to a casino and finding a boken slot machine that keeps pouring coins into your lap? That’s what it can feel like — when things are hitting on all cylinders! Day trading also provides many other kinds of freedoms — beyond financial freedom — that are unavailable from a “normal” job and so it’s a lifestyle choice.
You might also wonder, how did I come to call trades in a LIVE! Trading Room? Well, I was asked by a couple of friends to step-in and host their newborn trading room 10-years ago — at first, only for a few weeks — but I enjoyed it so much that when they quit, I kept going, and the rest is history! It’s still hard to believe the LIVE! Trading Room is almost older than my granddaughter . . .
Members of the LIVE! Trading Room are an intentionally small group of mostly struggling and newer traders. If that’s you — new or struggling — then I’m glad you found us and I hope you’ll join in!