The growth of a trading futures specialist : Candace Pendleton? I’m not your typical day-trader. I’m a mother who struggled for years to provide for my family. Twenty years ago I was married to a wonderful man (Bill) with the perfect family. We had two babies under the age of three and life was perfect… until Bill was diagnosed with terminal cancer at the age of 47. He died 62 days later. The shock was nothing less than crippling. With very little money and no skills, the only thing I had left was the determination to never give up. A tiny ray of light appeared when I discovered day trading futures. And just like every newbie, I took trading courses and begin trading.
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. Hello Candace, I hope you enjoyed your vacations and are back more refresh to continue with your mission of teaching the art of trading futures. As I meditate on the abundance of blessings in my life, first I thank my Lord for sending or putting you in my life. I give Him thanks for all the talents he has given you, so you can help people like me. Today I made $4,965.00 in 3 hours. With great gratitude to God and you, Marta.
These traders are typically looking for easy profits from arbitrage opportunities and news events. Their resources allow them to capitalize on these less risky day trades before individual traders can react. Individual traders often manage other people’s money or simply trade with their own. Few have access to a trading desk, but they often have strong ties to a brokerage due to the large amounts they spend on commissions and access to other resources. However, the limited scope of these resources prevents them from competing directly with institutional day traders. Instead, they are forced to take more risks. Individual traders typically day trade using technical analysis and swing trades—combined with some leverage—to generate adequate profits on small price movements in highly liquid stocks.
Keep in mind that there’s plenty more to learn once you have successfully completed our trading education course. You can easily register as a member of our trading education website. Here you will receive access to numerous free trading education materials, such as quizzes, articles and insights and become part of a vast network of like-minded individuals who can also help you on your quest to learn how to effectively trade. Taking our 1-2-1 trading education course will also let you learn how to trade at your own pace and choose which topics you would like to focus on more extensively, if you find them a little bit harder to understand. This style of learning has proven to be, by far, the most tailored way of learning how to trade.
I have been so busy starting work. So yes I started my live trading today early in the morning. I made $1,990.00 all on the Russell’s (TF). My other platforms weren’t working because my CME was not connected for a reason that I don’t understand. So by 8:40 i stop trading with $1,990 extra in my account. I am a very simple trader. I bought 4 contracts each time going long and then short following both the 1597 and the unirenko (4,8,4). Made sure that at least 4 of the indicators showed before I enter the trade. That is set. No more. It took me like one hour and a half. I wish that I was home to keep trading. You are a gift to humanity and to those that understand your indicators.
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.
A market without an obvious direction (lateral movement or flat) is considered unsuitable for binary options trading, with the exception of situations of fairly wide flat, at least 3-4 candles in one direction, when you can open short-term deals on a rebound from the channel borders. For short-term options, the most effective strategy will be to open trades after the breakdown of the trend line and the subsequent reversal in the main direction. More or less like this: When the first signs of a reversal appear, we open a PUT on a downtrend or a CALL on a rising trend. The duration of the transaction depends on the scale of the chart. The most reliable options are worked out, whose expiration period is at least 2-3 times longer than the period selected for trend analysis. The larger the time frame on which you see a strong trend, the longer the trade should be.
The growth of a trading futures specialist : Candace Pendleton: There was a time years ago when the only people able to trade actively in the stock market were those working for large financial institutions, brokerages, and trading houses. The arrival of online trading, along with instantaneous dissemination of news, have leveled the playing—or should we say trading—field. The easy-to-use trading apps and 0% commissions of services like Robinhood, TD Ameritrade, and Charles Schwab have made it easier than ever for retail investors to attempt to trade like the pros.