Tough Day on NQ – ES Pulled Us Through
Wow – this is a good example of why it is prudent to remain disciplined while day trading! We had 4 straight losers trading the NQ and Power Trading System Today!!
BUT WE RECOVERED AND STILL MADE A HEALTHY PROFIT!!
After it was all said and done, we trading until 2 PM and we ended UP $682.50 for every 3 contracts traded! So even after 4 consecutive losers, and heck a losing day on an entire market for the day we STILL made a profit!
Yup, a longer than normal day, but remember we made 6 times our daily goal of $100 per day per contract.
You may be asking yourself … WHY???
Why DO we say $100 per day per contract, but trade more? Simple, we want to average AT LEAST $100 per contract, per day. We simply can’t make money every single day. We don’t expect to. Now yes this is different than The Tick Trader Course that DOES make 1 point per day. Power Trading System is more robust as it trades at least 2 markets per day! This is why we do it this way.
But remember, discipline here is still key. Even in our Trading Room today we had some guys nervous about 4 straight losers…. guys, you gotta stick with it! 4 straight losers simply put: HAPPENS! Not often perhaps, but it does happen. So we just follow the rules, and follow the trades!
Our Secret Student – Call him Brother Kim did another video today! He’s a stealthy guy – he took a break even on the NQ and went straight to the 6E (Euro Futures) and made a nice trade. Brother Kim trades sometimes 4 different markets! Remember though, he has practice and experience. But having a system like this, The Power Trading System, you have the ability to trade multiple markets – and you should! But it takes time to learn, time to practice. Brother Kims’ finest attribute is he does not break under pressure. He knows he will recover – and therefore he does!
So here are the trades, and below that is the video.
ES Trades 3-25
+4+6+12 = +275
+4 BE BE = +50
+4+6+4 = +175
+4+6+6 = +200
+4+6 BE = +125
-4-4-4 = (-150)
+4+6+5 = +137.50
+812.50 Total for Trading ES
NQ Trades 3-25
Break Even
+4+6+5 = +75
+4 +6+7 = +85
+4 BE BE = +20
-12-12-12 = (-180)
-12-12-12 = (-180)
-12-12-12 = (-180)
-12-12-12 = (-180)
+4 +6 +12 = +110
+4+6+BE = +50
+4+6+5 = +75
+4 + 6 +7 = +85
+4+6+8 = +90
(-$130.00) Total for Trading NQ
So at the end of the day we made money, and alot of it! Remember folks, this is just 3 contracts! If you are blessed with a larger account, you can do much better! Enjoy the video and the rest of the day