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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
 

 

This entry was posted on Monday, March 25th, 2013 at 5:55 pm and is filed under Daily Trading.
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