The ascent of a trading futures specialist : Candace Pendleton? Frustrated with the high-priced, over-hyped trading educators, I made two decisions: 1) Never buy another high-priced course 2) Create my own DANG trading system The hope soon turned into disappointments. I lost more money than I ever made. So, I combined everything I had learned and created a simple trading system. When I applied this new trading compilation to my own charts, I started hitting “home runs”. Even after testing this for thousands of chart hours, I couldn’t believe that something can be so incredibly accurate.
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. Hi Candace, FYI —I have turned the corner in my trading! Started this week in the red but made $520 in four trades today, 1 contract. Back in the green this week. With the 123 Easy Trade system I now place trades with expectations of profit even after large draw downs. Pat D. Just wanted to let you know how much I appreciate your system. Just started trading live and made $112.50 on ES trade this morning. I am very happy. Thanks, Tommie Lynne.
For the average investor, day trading can be a daunting proposition because of the number of risks involved. The U.S. Securities and Exchange Commission (SEC) highlights some of the risks of day trading, which are summarized below: Be prepared to suffer severe financial losses: Day traders typically suffer severe financial losses in their first months of trading, and many never make a profit. Day trading is an extremely stressful full-time job: Watching dozens of ticker quotes and price fluctuations to spot fleeting market trends demands great concentration. Day traders depend heavily on borrowing money: Day-trading strategies use the leverage of borrowed money to make profits. Many day traders not only lose all of their own money, they wind up in debt. Don’t believe claims of easy profits: Watch out for hot tips and expert advice from newsletters and websites catering to day traders and remember that educational seminars and classes about day trading may not be objective.
Our trading education courses are covering all the major areas, including technical analysis, fundamental analysis, risk management and trading psychology. Furthermore, all the courses are highly interactive and allow you to choose an area of study that would best fit your interests, trading style, assets class and learning objectives. Last but not least, our 1-2-1 trading education is now offered not just face-to-face but also online via webinars, allowing you to take part from wherever you are. All of the trading course materials will be recorded for your future convenience, allowing you to re-visit and refresh your knowledge later on.
So now I’m up from $810 to $855, That’s 5.5%!! I know that with your system I can pick trades to gradually build my account up to a decent operating level. I also feel that in your trade room I have been through a period of replacing a lot of old bad habits with new ideas that work in real market conditions. It has taken some time because I am a hard-headed Swede, but I am grateful for the new foundation. Thank you so much for the opportunity! Knowledge is power! Thank you, Elaine.
There also are some basic rules of day trading that are wise to follow: Pick your trading choices wisely. Plane your entry and exit points in advance and stick to the plan. Identify patterns in the trading activities of your choices in advance. Many day traders end up losing money because they fail to make trades that meet their own criteria. As the saying goes, “Plan the trade and trade the plan.” Success is impossible without discipline. To profit, day traders rely heavily on market volatility. A day trader may find a stock attractive if it moves a lot during the day. That could happen for a number of different reasons, including an earnings report, investor sentiment, or even general economic or company news.
The strongest signals are obtained when the average crosses the faster one: from bottom to top – the CALL option, from top to bottom – PUT. But a rebound from the “long” average in the direction of the main trend is also considered as a trading signal. When calculating expiration time of an option on the Moving Average combination, you need to view a history of quotations (on timeframe period) and analyze moments of crossing lines of such averages for a long period (at least 3-6 months). You need to find an average number of candles between the intersection points that were in a profitable area for the transaction.
Who is Candace Pendleton and some of her trading futures specialist achievements: 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.