Active Trader Setups Trading Package 14 Day Free Trial Offer

Our Trading Package is a simple No Emotion, Clear, Concise, and Precise approach to Trading for all Experience Level Traders.  Adapts to all price range stocks and can be applied to Day Trading, Option Trading, or Swing Trading.

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There are ONLY 2 Trade Setups to learn and evaluate.  Trend Shift (directional change) and Retracement (pull backs).  That's it.

Learn through our Free Training Group Classes, Webinars, and Videos.  These classes are FREE and open to non-members and members alike.  Learn before you begin and continue to attend and learn as you progress your trading knowledge.

TradeIt

Our Mission is to provide insight into trade-able setups with a high probability of 

multiple candle moves in the desired direction.  We don't teach scalping for quick in and out trades.  Our goal in every entry is to remain in the trade for 3 to 8 bars on average.  We teach and scan for our setups on 10 and 15 minute time frame charts.  To put it simply, if you can achieve a multi bar move, would you not prefer that to be on 15 minute bars rather than 2 minute bars.

As day traders we are in a continuous motion of seeking the next trade. As we scan, view charts, and try to break down and derive some interpretation from what we are seeing on multiple charts of various symbols, we as day traders have placed a daunting task upon ourselves.

daunt·ing
/ˈdôn(t)iNG,ˈdän(t)iNG/
adjective
seeming difficult to deal with in anticipation; intimidating.
"a daunting task"
synonyms: intimidating, formidable, disconcerting, unnerving, unsettling, dismaying;

making you feel slightly frightened or worried about your ability to achieve something:

HECK OF A SPOT WE ARE IN, DON'T YOU THINK?

So the best thing we can do for ourselves is to decrease the amount of decisions we face as we plan every entry into a trade.

 

Legendary trader Linda Raschke discusses a few steps that you can take to become a better trader.  ** Please see our link at the bottom Training and Education - Recommended Study Videos

Ms Raschke says, "First off during the trading day the number one rule you have to keep in mind is the less amount of decisions that you can make during the trading day ... the more things that you have thought out before that day opens the better off you are."

 

Best Trading Practices

#1 If you  have not day traded successfully before Paper Trading is the most NOT followed advice out there.  Please don't join the crowd of 90% of day traders that fail.  You need to paper trade to develop your skills of trade entry, managed stops, and most of all discipline.  You must trade a normal trade size as if it were your real hard earned cash.  Until you can paper trade day in and day out for a profit you don't need to trade a live account.  That is the very best advice I have for you.

Planned Share Size Trades - Keep the size the same every time, we do not know which trades are going to be the winners and which are going to be the losers.  Don't dig yourself a hole to have to dig out of the rest of the day.  It only puts more stress on your decisions which lead to more bad decisions.

Conformity leads to consistency.  By keeping an even trade size you can achieve some type of consistency in your trading results.

Predetermine your Exits and Stops -  Set a target based on levels like the test of yesterday Close, today's Open, or an old high which can be set as fixed target.

We are going to try our best to enter a trade at what looks to be the beginning of short term trend and adjust our stops as we proceed in our trade.  The closer we get to our target the tighter we make our stops.

Always have a planned stop prior to placing a trade. Always HONOR YOUR STOP.  NEVER add to a losing position, if you think its that bad you did not honor your stop or you traded over your predetermined trade size.  Just Get Out!!!

Plan your exits on the same time frame you evaluated your trade setup on.  You may actually enter on a 5m candlestick but your setup was on a 10 Minute chart, then let the 10m chart be your guide for your need to exit.

We try to enter on 10 minute and 15 minute time frame setups.  The shorter the time frame you are basing your trading on (2m, 3m, 5m charts) the more you are trading in market noise.

Please take the time to watch this 5 Minute Video.  You could actually watch it every day.  CLICK HERE every morning.

Linda Raschke: Stick to the Plan and Become a Better Trader

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

 

CFTC Rule 4.41

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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