The rise of a commodity trading expert : Candace Pendleton? I begin to wonder “Will this system work for everyone else but me?” So, I started sharing the system with family and friends. And their results were no different. I begin receiving incredible responses from people. Inspired by the success, I launched 123EasyTrade.com Today, I am living the life of my dream. My two kids are grown up Men happily married. More than anything else, I want to make the same transformation available to everyone.
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. Dear Candace, I’m up live money today by $265. They were momentum trades more than A trades however they were close to A trades to start and I just picked up on their momentum. I would have called them out but it mostly happened after the JOLTS news when everything was happening so quickly. Rich: I was plus 28 ticks today live money. Last week I was profitable so going for two weeks in a row averaging $300 a day. Love your system!
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. At Trading Education, we understand that everyone’s style of learning is very different. Therefore, we have developed various options through which you can get your trading courses. If you wish to receive a more personalised approach while learning how to trade, a 1-2-1 trading education is the best option for you.
I made 156 ticks LIVE MONEY trading the Nasdaq and the Russell. I quit trading around 10:30 est. I traded for approximately 1 hour to make $1,560!! Thank you for sharing your knowledge with us! Your system works really, really well. Stephen P. Hi Candace, Just to keep you posted, today I made $2,310.00 live money during lunch!! Marta P. First of all I can’t tell you how much I enjoy learning from and trading with you. You are truly caring, understanding and very informative. I am up approximately 13 points (I think that is the same as ticks?) this week after trading with you. This is in live money and trading only one contract at a time since I am still a newbie. I have found it very helpful to trade in a group as it is a more reassuring and learning environment. Thank you for all your help and the information that you have taught me. I still have lots to learn and am anxious to do it with you as my coach!
Wise day traders use only risk capital that they can afford to lose. This protects them from financial ruin and helps eliminate emotion from their trading decisions. A large amount of capital is often necessary to capitalize effectively on intraday price movements, which can be in pennies or fractions of a cent. Adequate cash is required for day traders who intend to use leverage in margin accounts. Volatile market swings can trigger big margin calls on short notice. Day Trading Strategies: A trader needs to have an edge over the rest of the market. Day traders use any of a number of strategies, including swing trading, arbitrage, and trading news. They refine these strategies until they produce consistent profits and limit their losses.
As long as the price moves in the cloud (or near it) – the market is in a lateral position (flat), and its boundaries will be dynamic resistance/support levels. If price moves above the upper border of Kumo, the trend goes up, if it goes beyond a lower border, it is bearish. Tenkan-sen line is considered the same trend indicator. Kijun-sen line shows the probability of a trend change. The intersection of this line of the price chart means a near reversal. First signal. The Chinkou Span line breaks price chart: from the bottom – top, opens the CALL option, from top-bottom – open PUT option. Second signal. The Tenkan line leads Kijun-Sen from bottom to top (Golden Cross) – open CALL-option, if from top-bottom (Dead Cross) – open Put-option. Third signal. We reason the same way: crossing the Senkou-A line with Senkou-B line from bottom-up is CALL-option, from top-down the PUT-option.
The growth of a day trading strategist : Candace Pendleton: Day traders use numerous intraday strategies. These strategies include: Scalping: This strategy focuses on making numerous small profits on ephemeral price changes that occur throughout the day. Range trading: This strategy uses pre-determined support and resistance levels in prices to determine the trader’s buy and sell decisions. News-based trading: This strategy seizes trading opportunities from the heightened volatility that occurs around news events. High-frequency trading (HTF): These strategies use sophisticated algorithms to exploit small or short-term market inefficiencies.