Day Trading Results & Market Update August 1, 2011
The markets are screaming today as the negative reports just keep coming! We had a horrible Non Farm Payroll number last month, with the latest numbers to be released Friday. GDP, and ISM both fell short and the outlook is worse! Of course we have the pending debt ceiling issue in the US as well as many rating agencies threatening to lower the United States’ credit rating! I watched a lot of news shows over the weekend and to see all the political bickering back and forth, and finger pointing is downright childish! No wonder the US can’t seem to get back on its feet!
Fortunately for day traders, the markets will always be there! We really are not certain about a lot of fronts right now, but at least we can count on day trading for a living! Now is a very good time to learn to put your financial destiny in your own hands! Having the skills of a professional trader means you don’t need to worry about layoffs, job loss, etc. You know that with a sound trading plan, discipline, and money management you can go out and trade for a living! That’s what Tick Trading is all about! Today for example, we made 1 trade for a quick point. We were done trading in 5 minutes. Of course a lot of members continue to trade and did very well today with the large moves.
If you have any questions about day trading or our Emini Trading Course, feel free to get in touch!!
Our ProTrader had a good day today with 2 fabulous winners. That helps as ProTrader Automated Strategy as struggled a bit in July. Nice to start August off the right foot!
Cheers!
ETS
