Posted by Marie Poppins on August 2, 2022 in Finance
Get to know Candace Pendleton and some of her day trading strategist thoughts? 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. Dear Candace, I’m up live money today by $265. They were momentum trades more than A trades however they were close to A trades to start and I just picked up on their momentum. I would have called them out but it mostly happened after the JOLTS news when everything was happening so quickly. Rich: I was plus 28 ticks today live money. Last week I was profitable so going for two weeks in a row averaging $300 a day. Love your system!
Trading software is an expensive necessity for most day traders. Those who rely on technical indicators or swing trades rely more on software than on news. This software may be characterized by the following: Automatic pattern recognition: This trading program identifies technical indicators like flags and channels, or more complex indicators such as Elliott Wave patterns. Genetic and neural applications: These programs use neural networks and genetic algorithms to perfect trading systems and make more accurate predictions of future price movements. Broker integration: Some of these applications even interface directly with the brokerage, allowing for instantaneous and even automatic execution of trades. This eliminates emotion from trading and improves execution times. Backtesting: This allows traders to look at how a certain strategy would have performed in the past to predict more accurately how it will perform in the future. Keep in mind that past performance is not always indicative of future results.
Trading education is suitable for anyone who has a keen interest in learning more about trading the financial markets, including Forex, Stocks and Crypto trading. Whether you are a complete beginner in trading or a seasoned trader, our courses and trading education materials are offering the complete experience. At Trading Education, we understand that everyone’s style of learning is very different. Therefore, we have developed various options through which you can get your trading courses. If you wish to receive a more personalised approach while learning how to trade, a 1-2-1 trading education is the best option for you.
This is amazing and extremely impressive. I know these charts and indicators are the fruit of many years of work for you. And I know how much it has helped Megan and my family, so I wanted to give you a sincere thank you from me, and my family. It is a good person who spends their life in the pursuit of making an impact in their family’s life. And it is a GREAT person to make a difference in the world. Thank you for being a GREAT person and sharing your life’s work with us.
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.
Trading practice shows that in any market and assets (currency pairs, stocks, futures) up to 80% of transactions open on the trend end in profit. And for binary options signals with a predetermined expiration time, the presence of an explicit price direction is mandatory. Let’s start by defining what a trend is: Uptrend or «bullish». Each next price maximum (top) and minimum (trough) is higher than the previous one. Downtrend or «bearish». Each next max/min is lower than the previous one. To simplify the analysis, trend lines are plotted on the chart after at least three max/min. Training courses binary options for newbies recommend opening trades only in the direction of the main trend.
The ascent of a trading futures specialist : Candace Pendleton: Day traders are attuned to events that cause short-term market moves. Trading based on the news is one popular technique. Scheduled announcements such as the release of economic statistics, corporate earnings, or interest rate announcements are subject to market expectations and market psychology. That is, markets react when those expectations are not met or are exceeded—usually with sudden, significant moves which can greatly benefit day traders.