hello traders its samurai trade here welcome to this training session it's a
day session I'm going to be recapping six or so trades that I took today on
the ES remembering of course that all of these setups work on all markets and all
time frames or their trade stocks futures or Forex now one of the big
questions is of course is what's a reasonable profit target now as you gain
experience I believe that two hundred dollars a day is certainly reasonable
particularly when you're trading the futures or Forex markets remembering we
never ever risk any more than 2% and i'll talk more about that in a moment
now on the ES the ES works at what we called fifty dollars a point for those
that are not familiar with trading futures so if you wanted to achieve two
hundred dollars a day there are four ticks to a point so and that point is twelve
dollars fifty not but I want to confuse you so if I am but 3 net trades a day
would come to two hundred twenty-five dollars less bricks it's
210 dollars a day net and that gives you a fantastic living and that's we want to
really cover is some of the setups and some of the trades that I took today to
do that if you haven't watched one of my videos before even if you have as a
reminder please read the rest disclaimer for an example you never trade with what
I call scared money and risk management's absolutely critical in our
business did you understand the risk now traders say to me all the time look you
make it look so easy right well remembering I've been in this business
now for close to twenty four years so yes it becomes second nature but there
is no magic in our business it's about putting the odds in your favor now one
thing I meant to mention for my students watching this video I've actually
emailed you the link to a much more comprehensive breakdown of today's
trading action so today's action on the ES
I'd seen 9th of a 12 2015 I've actually given a very comprehensive
breakdown and it's in the private section so you've got the link to that
sorry everybody the general public i just remembered that now also with the
trades i'm about to mention and this is for members as well I've got what we
call cheat sheets which allows them to comprehensively go through and learn
these setups and there's actually 12 key setups that we actually trade but you
only need to master one of these just the t1 t2 over t25 and even a 34b a
trendsetter you're set for life you only need to master one of these setups and
one of the common questions that I have how long will it take me to learn them
well trade is realistically give yourself 30 to 60 days you know you're
going to have trading there for the rest of your life and it's perhaps one of the
greatest challenges that I have with traders is but want to learn everything
overnight well you know once again like you're in my course the day traders
fast-track program is that I teach you for 12 strategies but you only need to
learn one or two of them and there's over 20 hours of tuition and every week
I release new modules and you kept updated with these training and traders
is my passion I'm a day trader I day trade basically 9 days out of 10 net
what I do it's what I love doing and I train trade is because it makes me a
better trader overall so this is what I'm passionate for so for 197 dollars
just before we go to the charts don't jump away from this video I'm about to
go to for charts you for hundred ninety seven dollars traders you get everything
you need for day trading you don't have to buy any other courses there's nothing
else to invest in in there's no upsells etc so go to my website invest a hundred
ninety seven dollars I'm go to a website from my ebook but traders if you're
serious about learning how to trade look no further this is what I do so let's
now have a look at the charts
so trade is what we're looking at here this is the ES now the ES typically
turns over one and a half million contracts a day okay it doesn't have the
same volume as the forex markets and remembering I probably mention is early
that all of these setups work on forex stops it really doesn't matter what your
trading if this is the ES 1000 sharebar or volume bar chart now what I wanted to
show you here was it some now this is 33 minutes of trading this morning now
first of all I'm a scalper that is the scalped women loves to get in and out the
reason i love the scalped is your you have no overnight exposure you're in and out
very very quickly usually i'm using what i call market orders which i might get
in and usually by the way i'm trading the NQ i won't go into all the reasons
why did the ES today but I've got some research that I'm doing for a firm and
we're doing it all on the ES so I'm doing some live trading on the ES for
this report so one you know I'm a scalper I'm in and out very quickly now
so this is 1 pm. chicago time today which is the the 9th of a 12 2015 12
for my us friends it's actually the eight of the 12th or the 12th of eight
you've got it all around the runway or 5:00 am down under so I jumped in here on
what we call a trade that was it actually a t10 t2 as well and a t25 I
jumped out there at four ticks up here I jumped him again on a t25 that was that
was five hundred dollars on 10 contracts that was 625 no sorry on this particular
trade the market was moving very quickly and I entered on what I call a limit
order and i only got fueled and you can probably just see that little three i
only got filled their on three contracts for five ticks its a 112 dollars up here i
jumped in there for our 10 contracts at five ticks at 625 and over here I had a
failed t25 and actually there's a few reason why I shouldn't have taken that
trade and was off major divergence you can see that there we had major
divergence and I really I just shouldn't have taken that trade but never mind the
best of us once again I'm human still make mistakes I learned something new
every day but I shouldn't have taken that trade I got stopped out on that one
for 750 but then I jump straight back in there for five hundred dollar gain and
the reason I didn't let that run is my cyan line here's my 89 and quite often
we get a bounce we come down here I actually got to bounce on the 200 i
shorted the market and i shorted even though it was still in this trade again
now I have a rule here on risk never risk any more than 2% now when I trade I
can actually enter up to four positions at once because I only trade Oh point
five percent so two trades if it's one percent exposure both of them and you
can see the lines this automatically plots my trade entries so I'm short here
20 contracts in total i was out there at 15 hundred there now the point here is that
if I just scroll back a bit that was after brokerage 2187 or $218
approximately per contract in 33 minutes that is scalping now all of these trades
traders a mechanical in nature the rules based you have your cheat sheets
you know exactly what they are as I mentioned up here I broke the rules
because a 22 t25 means 2 to 5 candle pull back that's way more than six or
8 total light candles so I break the rules there for a couple of reasons but
anyway so still up nice profit in 33 minutes now anyone can learn these it
just takes some time so traders if you give yourself 30 to 60 days you can pick
these up in the day traders fast-track program now I've got 48 video modules
cheat sheets the whole works but go to my website invest 197 or drop me an
email and by the way of course some for those looking at
buying my program for the first time I do give a 20 minute skype consultation
for the ones that are looking at investing in the program so thank you
traders I hope this was a vented benefit to you