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Archives for forex market

Here you will find archived content about forex market found throughout the website.

Everything Forex Trading Part I of II

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The Foreign Exchange is also knows as currency trading, Forex, or simply FX. In Forex trading every currency worldwide is traded in a global market. With an average trading volume of $5 trillion per day, it is the most liquid and largest market. All stock markets combined don’t even come close to this number.

With such high volume of trading, you may find some great oportunities for yourself in the forex market.

A single USD on any given day could get you 1.1 CAD. The very next day this USD could get you 1.15 CAD. Small changes such can these might not seem like they’d make a difference, but when put on a large scale, the significance becomes apparent.

Lets use an example of a company who pays employees overseas. Imagine what currency exchange rate could do to the company’s bottom line. Lets say for example, they are exchanging one currency for another that is at a higher value. It would be beneficial for the company to make their trade on a day when the exchange rate is lower. If the company needed to exchange USD to CAD, using the example above, it would greatly benefit the company to make their exchange on the day where CAD is 1.1 rather than 1.15. Pennies will add up quick when on a large scale.

Like being a business owner or traveler, when trading forex, you will want to make trades with the knowledge of when exchange rates will change to receive a more favorable rate.

FOREIGN TRANSACTIONS

Foreign transactions in the market are similar to what you may have done if you’ve traveled abroad. A trip north across the border and you are converting USD into CAD. The exchange rate between the two currencies is based on supply and demand. This is what determines how many CAD you get for you USD and the rate of this exchange is constantly fluctuating.

OPPORTUNITIES IN FOREX: WHAT’S YOUR OPINION?

Like stocks, currencies are traded based on what is their assumed value and what direction that value is headed.

The big difference in forex vs stocks is that trading up is done as easily as trading down. Because the market is so large it is easy to find a buyer or seller for the currency you have your eye on. Based on what foreign news you hear, you can decide the value of certain currency and then buy or sell as you see fit.

If you hear news that will cause the CAD to lose value then you would sell your CAD against another currency. The more the CAD depreciates agains the currency you sell it against, the more profit you make. If the CAD begins to regain value then you begin to lose profit and should quickly get out of the trade.

Read more about how to buy and sell currency as well as information on trading on margin in Everything Forex Trading Part II…

Watch for these Forex Day Trading Mistakes

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Daytradefeed.com has put together 5 Forex Day Trading mistakes to watch for

Day Trading can be a very profitable business, but devastating losses are common if you don’t know what you are doing.

At Daytradefeed.com, we want you to make money day trading–not loose money. Watching for these 3 forex day trading mistakes will help you achieve success.

Averaging Down

Averaging down isn’t the ideal technique for day trading.

Lots of traders end up using the averaging down technique. Averaging down is not the ideal technique, but it can be easy to slip into.

The biggest issue is that when averaging down you are holding a losing position. This means you are possibly sacrificing time and money. Day Trading is such an ever moving process, that your money could be planted in a much better situation.

Another issue with Averaging down is that to you have to get a higher percentage on return to make up for any capital lost from the initial loss. For example, if you lose of our capital, you will have to get a return of 100% to break even. Maintaining these standards in unreasonable in the long run.

Averaging down will eventually end in a inevitably lead to a large loss. Market trends can remain in place longer than you can stay liquid. It is not worth taking the risk of Averaging Down.

Positioning Trades Too Early

Day Traders have to pay close attention to the news surrounding the market. Traders will become very familiar with what news will cause the market to move. It is impossible to know in advance however, exactly which direction the market will move.

 Volatility is a key factor for day traders, but which way will the market move? It is not wise to jump to conclusion before news is announced. It is not worth the risk.

After the News Hits 

News can hit the markets at any time. It seems like easy money to react and take advantage, but you must have a strategy! If not, results can be every bit as devastating as they would be if you traded before the breaking news.

Day Trading should take place after a trend has been defined. Being patient will lower your risk and increase your likelyhood of effective trading.

Risking too Much

More Than 1% of Capital on Forex Trades 

Big risk doesn’t always mean big return. Most traders who take big risks eventually lose big. It is a common rule that traders should only risk 1% of capitol for a single trade.

Limiting the risk percentage will help keep your portfolio on track. Sticking to the 1% rule will ensure that no single trade will break the purpose of this method is to make sure no single trade will break the budget.

Avoid being Unrealistic

It is good to work hard and set goals, however being unrealistic can lead to forex day trading mistakes. The unrealistic expectations we set for ourselves can be projected on the market. The best technique is to watch the market and see it for what it is.

The best way to see the market for what it is is to create a trading plan. Research trading plans and testing them is the best method for day trading success.

DayTradeFeed’s Method

If you are beginning to Day Trade, or if your current method is not yielding success, try us out. We’re here to help

Day Trading: How To Minimize Risk

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The risk of Day Trading is not breaking news. One of the best ways to minimize Day Trading Risk is to use stop-loss orders. For long positions, you can use a stop loss order to make sure your loss on certain stocks is not greater than a set number.

Let’s look at an example:

You have 20 shares at 20$ a piece and you are only willing to lose 2$ per share. This means you will place a stop loss at 18$. This way, if your stock plummets to 5$ a share you are not risking a loss of 15$ per share.

A good strategy to limit Losses when day trading is to set a physical stop-loss order, but to also set a mental stop-loss. The physical stop loss is going to physically limit how much you can lose. Your mental stop-loss will put you in a spot where you can immediately exit your position if you trade makes a turn.
 We also recommend setting an amount that you are willing to risk each day. This will minimize your risk for big losses in a single days time. Setting this limit for yourself will help you trade with a clear mind.

If you feel your chosen strategy lines up with your risk limit, then you should begin trying it out. Trying your strategy with paper trade is a great way to feel more confident. Analyze your paper trades and make notes on where you feel your were profitable and where your expectations were either met or not quite met.

The next step will be using a demo trade account that using real market information. Give yourself some time to work with movement in these demo accounts before moving on.

Make sure while practicing, that you are doing your homework. Look at historical charts, making note on where your stop loss would be hit or where your target would be hit. If after research and trial runs you feel your account has been profitable, then it is time to move forward.

If you find you have lost capitol, then change your strategy and try again. Do not start a new strategy on a real account. Be patient and do it right. This will minimize your losses.

Day Trading: Is It Right For You and Me? DayTradeFEED.com Investigates

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Is Day Trading Right for Me?

We live in an age where everyone is looking to make a little extra cash on the side. It’s no wonder why so many are asking, “Is Day Trading is right for me?”

It is true that unexperienced day traders can make expensive mistakes very quickly. For many, however, day trading is a great way to add some cushion to your income.

What is Day Trading?

To know if day trading is right for you, let’s first discuss what day trading is.

Day trading involves buying and selling stocks in a short period of time. Usually about a day.

When day trading, you are not expecting to make large sums of money with each trade. Instead, with each trade the goal is to make small profits.

The goal is that these small individual profits over time will add up to larger sums.

How Does Day Trading Work?

Successful day traders treat it like a full-time job, not merely hasty trading done between business meetings or at lunch.

Practice, practice practice. Those who make consistent money from Day Trading are devoting a lot of time to their work.  They rely heavily on the ever-changing stock market to earn profits.

It is better for Day Traders if the market moves up and down throughout the day regardless of which way it is moving.

When Day Trading, you will be looking for short-sell options to profit off of a falling stock or buying stocks that are trending upwards. Day traders are always looking for something to move around to make a profit.

So, Is Day Trading Right for Me?

In conclusion, only you can decide if Day Trading is Right for You.

Do you have the time to commit to it? Do you have the drive to practice and develop strategies?

A strong suggestion if interested, is opening a practice account before officially day trading. (contact us for more information on this)

This will allow you see what day trading would be like and observe potential results without a huge risk.

 

Huge Mistakes Made When Choosing a Day Trading System | Part Four

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Mistake: Paying for Trading Seminars, Books & Videos

Day Trading Seminars Can Be Misleading

Above all, if you learn nothing else from reading this chapter, please remember the following fact:

In most cases, day trading seminars are the equivalent to really expensive (albeit live-action) YouTube videos.

What this means for traders is that the same information and strategies being used and taught in most of these seminars can be found, for free, on common sites like YouTube.

In a recent experience, I came across a seminar which charged $3,600 for a six-hour introduction class. Further research showed the class’ curriculum covering general market facts alone.

Students attending class received really fancy-looking binders, a catered lunch and the smug feeling that only comes from knowing “the secret.”

What these students did not receive was any information whatsoever on how to trade.

There’s a reason these seminars have the negative reputation that they do. The entire seminar model itself is basically ideal for scammers and should immediately trigger multiple red flags.

This model includes three basic steps:

  1. Show up in a town for a couple days.

  2. Collect lots and lots of money.

  3. High-tail it out of town with no real way for unhappy customers to contact you.

Can you think of a better scam?

A good way to sniff out these scams is to remember the following:

A company’s pricing model directly reflects how it intends on maintaining its future relationship with you.

For example, if a company charges you everything up front, chances are there’s a high amount of risk involved in the product. If the charges are incurred on a monthly basis, chances are the company is banking on you being satisfied with the product.

Trading educators that charge monthly fees generally offer a higher level of support and concern for your success. To put it simply, if you’re not successful, they stop making money.

Tip: Be cautious of large up-front costs.

You’re Clear on Day Trading Seminars, But What About Books?

Books remain a great, inexpensive educational resource for those looking to learn about the markets.

Unfortunately, if a trader wants to actually make money in the market, it requires a lot more (even for the most avid readers) than simply reading some material to get started.

Another issue with these books is how quickly they become outdated. With trading platforms and software evolving so rapidly in recent years, books on a specific subject become useless if more than two years old.

Tip: Avoid books surrounding a specific trade strategy that are more than two years old.

In my experience, I’ve found the most beneficial reading material for traders often has nothing to do with the actual act of making trades. Instead, books dealing with psychology and mental readiness in trading have made the most difference in my trading.

Many traders believe this aspect of trading to be irrelevant. In contrast, I believe it to the driving factor behind 75% of your trading success.

Tip: Not a big reader? Listen to the audio version in the car or at the office.

We’ve Covered Day Trading Seminars and Books. What About Video?

It’s easy to see technological advances in education, television and digital media becoming more and more interactive by the day. Due to this, videos are becoming a faster, more efficient way to consume trading education material.

However, prior warnings in this chapter still apply.

This may seem obvious, but if you come across a system that doesn’t include education videos in its curriculum, it’s likely outdated and faulty. This is clear indication of the system as a whole.

As we previously discussed, there’s more free trading education videos on YouTube and other streaming sites than you can imagine. But know the information in these locations can be repetitive, and even incorrect at times.

If you’re diligent in your research, it will quickly become clear to you which video sources are reliable.

Day Trade FEED’s Picks for Day Trading Seminars

Here at Day Trade FEED, we have a specific way of choosing which seminars have the correct information to incorporate into our day trading system. After years of research and trial/error, we’ve found some really great seminars that provided information that would fit perfectly into our trading system. We determine this by making sure the information is a good fit for traders using Kevin Jones Day Trading Indicators.

Traders have been using these indicators for more than 20 years, and so far they’ve worked perfectly for us in our trading.

If you’d like to learn more about Kevin Jones Day Trading Indicators or how they work in our trading system, contact us!

We were also careful to make sure these seminars were safe, reliable and properly vetted prior to receiving our endorsement. To receive a list of Day Trade FEED’s picks for Quality Day Trading Seminars, contact us or fill out the form below.

This article is only part two in a series aimed at helping day traders understand what mistakes to avoid.

First Mistake: No Ongoing Support/Education

Second Mistake: No Specific Way To Replicate Results

Third Mistake: Repeating Key Entry and Exit Strategies

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    DISCLOSURE: While these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits, there is also a risk of loss. A loss incurred in connection with trading foreign exchange currency contracts can be significant. Carefully consider whether such trading is suitable for you in light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital.

    Huge Mistakes Made When Choosing a Day Trading System | Part Three

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    Mistake: Repeating Day Trading Entry and Exit Strategy Mistakes

    Three Questions to Remember When Choosing a Day Trading Entry and Exit Strategy

    While researching trading systems, many traders run into different strategies that are obviously going to fail.

    I recently had an experience with an education company claiming to have made hundreds of thousands of dollar with it’s own proprietary trading system. For a fee, the company was willing to teach me this strategy via their own education system.

    While looking into this company, I made sure to remember the following questions:

    1. If someone decides to make a trade, what do they stand to gain?

    2. What do they stand to lose?

    3. If a company was fishing for a good testimonial, but couldn’t actually deliver on its low-risk guarantees, could it inflate results to mislead consumers?

    A Bad Day Trading Entry and Exit Strategy Can Mislead You

    One of the main ways a company can inflate results is through what is called a hedge. A hedge is an opposing trade of equal value that offsets any profits or losses accrued by a previous trade.

    So, if a trader sets up two accounts, places a buying trade with one and a selling trade of equal value with the other, they are hedging. The profits of the first account will even out the losses of the other and only the winning trades are displayed.

    This is only one of the many ways these “educators” are enticing customers to use their programs.

    How to Spot a Faulty Day Trading Entry and Exit Strategy

    Remember that if you only see a couple of trades on a statement, it’s likely faulty information.

    Now, let’s say you see a statement with over 100 profitable trades. Your first instinct may be to trust the system. However, it’s important to make sure a stop loss was in place before going with this instinct.

    Traders with millions in their account are able to trade the market on the smallest level with no stop loss. This means they are able to hold onto their trade regardless of which way the market swings.

    This isn’t how a typical trader attacks the market, so why would you want a system that isn’t tailored to fit realistic trading parameters? In these systems that don’t use a stop loss, one bad trade can outweigh more than the 100 good ones and wipe out an entire account.

    The typical trader would have a stop loss set and an exit strategy in place. Make sure these are part of your trading system if you haven’t already.

    Day Trading Entry and Exit Strategy Red Flag

    There is no such thing as a perfect trading system. It is impossible to trade without taking at least a few losses here and there.

    Another issue that has been seen is the lack of continuing education surrounding margin. Some education systems even purposely leave margin curriculum all together. This allows the company to show flexibility in their system when a trader is margined out and is looking for someone to blame.

    Margin requirements should be clearly and thoroughly taught before the trader experiences it with a loss.

    A good way to spot margin issues with a trading system is to make sure margin requirements match up with stop loss positions. If the margin would kick a trader out far before the stop loss, it  may simply just be an oversight by the educator. However, if they get this basic step wrong, what other compromising practices will they teach you?

    What to Look for When Choosing a Day Trading Entry and Exit Strategy

    The final topic to be discussed relating to entries and exits is how long or short to make them.

    When identifying an exit strategy, remember that almost every strategy has many variables going into the equation. This can make it hard to plan ahead, which is why some educators determine their exit strategy at random.

    For new traders, it’s important to focus on the winner-to-loser ratio instead of the length. If this ratio is profitable, it shows the system works regardless of its exit strategy.

    Day Trading Entry and Exit Strategy: The X Factor

    At a certain point during their day trading education, each beginning trader finds themselves at a crossroads.The choice facing them? Whether to choose a scalping method (short exits and stops) or a long term strategy (long exits and stops).

    The main thing to consider when making this decision is whether you’re financially capable of practicing this method in your trading. Many think scalping involves less financial commitment than long term trading. However, the truth is the exact opposite!

    Personally, we suggest trading short term systems. The uncertainty of world economics, along with unsteady market conditions in recent years make scalping the safer choice between the two. This is due to the limited amount of time spent in the market as opposed to long term trading.

    Day Trade FEED’s Day Trading Entry and Exit Strategy

    Here at Day Trade FEED, we have a specific way of choosing which entry and exit strategy to use in our day trading system. After years of research and trial/error, we’ve come up with a great way of determining this and adopted it into our trading system. We determine this using Kevin Jones Day Trading Indicators.

    Traders have been using these indicators for more than 20 years, and so far they’ve worked perfectly for us in our trading.

    If you’d like to learn more about Kevin Jones Day Trading Indicators or how they work in our trading system, contact us!

    This article is only part two in a series aimed at helping day traders understand what mistakes to avoid.

    CLICK HERE TO READ PART ONE

    CLICK HERE TO READ PART TWO

    Subscribe below to be notified of future editions.

      July 2018 Day Trading Results | DayTradeFEED.com

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      July 2018 Day Trading Results

      Day Trade FEED

      Before we show you our day trading results, we always make sure to explain exactly which trades these results are coming from.

      As we trade throughout the day, we record our trade results to post later on. These trade results come from all kinds of different strategies, including ONIT trades, SAT trades and normal daily trading.

      When we say “ONIT,” we mean the Overnight Impact Trade. Similarly, when we say “SAT,” we mean the Sunday Afternoon Day Trade.

      The ONIT is made Monday through Thursday, usually around 3:00 p.m. MST, and the SAT is a similar trade, but only made on Sunday afternoons. The trades are forex trades, and are placed on the EUR USD. Each trader simply sets the trade and forgets the trade each day, and watches the profits roll in.

      Many traders swear by these trades, and this is one of the only places you can find them!

      To learn more about this daily trade, contact us!

      Now for Day Trade FEED’s day trading results…

      July 2018 Day Trading Results | Day Trade FEED

      Day Trade FEED’s July 2018 Day Trading Results – July 10

      Daily Trades: 5
      Pips Per Trade: 10
      Total Pips: 50
      Lot Size: 0.50
      TOTAL PROFIT: $250

      Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $250 during the month of July.

      Day Trade FEED’s July 2018 Day Trading Results – July 11

      Daily Trades: 3
      Pips Per Trade: 10
      Total Pips: 30
      Lot Size: 0.50
      TOTAL PROFIT: $150

      Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $400 during the month of July.

      Day Trade FEED’s July 2018 Day Trading Results – July 13

      Daily Trades: 3
      Pips Per Trade: 10
      Total Pips: 30
      Lot Size: 0.50
      TOTAL PROFIT: $150

      Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $550 during the month of July.

      Day Trade FEED’s July 2018 Day Trading Results – July 18

      Daily Trades: 5
      Pips Per Trade: 10
      Total Pips: 50
      Lot Size: 0.50
      TOTAL PROFIT: $250

      Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $800 in the month of July.

      Day Trade FEED’s July 2018 Day Trading Results – July 24

       

      Daily Trades: 5
      Pips Per Trade: 10
      Total Pips: 50
      Lot Size: 0.50
      TOTAL PROFIT: $250

      Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $1050 in the month of July.

      Day Trade FEED’s July 2018 Day Trading Results – July 26

      Daily Trades: 3
      Pips Per Trade: 10
      Total Pips: 30
      Lot Size: 0.50
      TOTAL PROFIT: $150

      Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $1200 in the month of July.

      Day Trade FEED’s July 2018 Day Trading Results – July 30

      Daily Trades: 3
      Pips Per Trade: 10
      Total Pips: 30
      Lot Size: 0.50
      TOTAL PROFIT: $150

      Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $1350 in the month of July.

      In conclusion…

      We are Day Trading, Forex and Futures specialists, and love all things day trading! You can find more information on day trading education systems by contacting us!

      Want to be notified when we post our day trading results? Subscribe below!

        “IMPORTANT NOTE: Trading foreign exchange or futures on margin carries a high level of risk. It may not be suitable for all investors. The high degree of leverage can work against you. It can also work for you. Before deciding to trade foreign exchange or futures, you should carefully consider your investment objectives. Also check your  level  of  experience and risk appetite. The  possibility exists that you can lose some or all of your initial  investment. You should not invest money that you can’t afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading. Seek advice from an independent financial adviser if you have any doubts or questions. Past trading history does not indicate future trading success.”

        Huge Mistakes Made When Choosing a Day Trading System | Part 1

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        Mistake: No Ongoing Support/Education

        To begin, think about what is going on in our current day. We live in an era where technology is advancing exponentially, and it seems, at times, as though computers are taking over the world.

        But are computers REALLY taking over the world?

        Foreign exchange (forex) markets recently saw a spike which caused the greatest change in the history of the Yen. Experts attributed this failure to robotic trading, which lost millions in the market due to faulty code.

        This, along with countless other examples, show us that the human brain is more capable than even the most advanced computer in existence. And even when computers become more advanced than the brain (experts believe this to be only years from now), humankind still possesses something computers do not: the ability to evolve, adapt and change.

        Day Trading System vs Robot Trading

        Perhaps Charles Darwin said it best:

        “It is not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.”

        Fortunately, the computer is not a living species, nor does it respond well to change.

        A human mind would have stopped the execution of the trade or the continuation of losses. And just as the world witnessed during the aforementioned fall of the Yen, a robot could not.

        What good is developing a trading tool or system if there is no continued education or support to follow? How does this help you increase your advantage by responding to change?

        Adapting Your Day Trading System

        When the market first began, certain candlestick patterns began to emerge. We know these patterns as Dojis, Hammers, Hangmans, etc. Traders that were able to recognize these patterns and understand how they’d affect the market moving forward were able to adapt and innovate old techniques to make millions.

        The rule of supply and demand in economics is very clear: if something is profitable, demand for it will increase. If demand increases, supply decreases.

        So, what does a trader do with their old, outdated system when it becomes less profitable? Some began their search for the next “golden goose,” while others refine their system with updated data and adapt to the circumstances now before them.

        This is why continued education is critical to the success of traders. Today, there are still traders who use candlestick patterns when determining the best trades to make. The difference is this is not all that goes into their decision. The data from these patterns is combined with current market conditions and other trading strategies to form a more consistent, reliable system.

        Is Your Day Trading System (Support/Education) Affordable?

        Now, what if a trader uses an updated, elite system, but the infrastructure behind support and continuing education within that system is not affordable?

        Unfortunately, this is a common trick of the trade. Many traders lose their first trade without even trading. How? By paying too much for the initial education and education materials to continue through the growing pains that come from learning to trade.

        If a trader pays $3,500 for trade coaching, but their trading system only yields $4,000 per month, chances are the remaining $500 will be used to pay their broker.

        Issue #2 With Some Day Trading Systems

        Another issue many traders see is that they’ll lose money while they learn how to handle losing money.

        There are a lot of trading businesses that shirk all accountability immediately following a student’s graduation from the program. So when a beginner starts to see a trade go upside down, they have nowhere to turn for assistance.

        This lack of support causes many to panic and make rash, emotion-filled decisions while trading. Making these decisions can cause bad habits and practices to form.

        This is why it is absolutely critical to make sure a trading program offers sufficient support and continued education before taking the plunge and joining.

        Pulling the Trigger on a Day Trading System

        In conclusion, ensuring these first two items (support system and continued education options) are integrated into the core of your trading system is absolutely essential. You may find a program that lacks in these areas, and it may be a challenge to walk away. But being confident in these areas will help you find success throughout your trading career.

        In order to determine whether support and education moving forward will be sufficient, ask yourself if the education is actually education and not just information from past market trends.  Many teachers and coaches will claim their continuing education to be worthwhile, when really it merely consists of ancient information from a past generation of traders.

        To truly grow as a trader, continued education needs to be current, driven by live data, state-of-the-art and relevant to today’s markets. This means live webinars, online meetings, etc. While older strategy and information can still be relevant, updating their trading system is necessary to stay profitable as market conditions shift and evolve.

        How to Know if You Have a Good Day Trading System

        This article is only part one in a series aimed at helping day traders understand what mistakes to avoid. If you’d like to be notified when future articles like this are published, subscribe below.

          Until future parts are released, check out our Should I Day Trade? and Introduction pages.

          Have a question about choosing a day trading system, continued support/education or just day trading in general? Contact us!

          Man Mistakenly Makes $11.6 Million | DayTradeFEED.com

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          Man Thinks He’s Day Trading Futures Demo Account

          Makes $11.6 Million Real Profit

          Above all, the following story shows us how emotion can affect us when we’re day trading futures. Please take this with a grain of salt as not all results are created equal…

          Harouna Traore was learning everything about day trading futures. Part of his training included practice trading a demo account using real market data. He opened a $23,000 account with British brokerage firm Valbury Capital, and began “practicing.”

          Day Trading Futures Without Fear

          Later that night, Traore went home to continue learning about what it’s like to day trade futures on a demo account. Like many beginners do, he went on to push the limits of the trading software.

          After all was said and done, he had lost more than a million dollars.

          Reality Sets In

          After finding himself more than one million dollars in the hole, Traore realized he wasn’t using a day trading futures demo account. In contrast, his account was very real, and he was in a pickle.

          “I could only think of my family,” Traore said. “I was stressed.”

          But instead of alerting the authorities or the company he was trading with, Traore decided to continue trading to see what he could do.

          (Dis)Advantages of Day Trading Futures

          Traore began day trading futures, and eventually found himself building up a $5 billion position in U.S. stock futures. He went on to turn his loss into a profit of about $11.6 million.

          At this point, he called Valbury Capital, who immediately claimed breach of contract. His winnings were declared void immediately.

          Traore is currently suing Valbury Capital for the $11.6 million. The case is ongoing and may move to France in the coming months.

          Learn More About Day Trade FEED

          Interested in learning more about day trading? CLICK HERE!

          Want to know if you have what it takes to day trade? CLICK HERE!

          Find out how much we make day trading by checking out our day trading results!

          Have a question for Day Trade FEED? Contact us!

          Day Trading Results: June 15 – 30, 2018 | Day Trade FEED

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          Forex and Futures Day Trading Results | Day Trade FEED

          Before we show you our day trading results, we always make sure to explain exactly which trades these results are coming from.

          As we trade throughout the day, we record our trade results to post later on. These trade results come from all kinds of different strategies, including ONIT trades, SAT trades and normal daily trading.

          When we say “ONIT,” we mean the Overnight Impact Trade. Similarly, when we say “SAT,” we mean the Sunday Afternoon Day Trade.

          The ONIT is made Monday through Thursday, usually around 3:00 p.m. MST, and the SAT is a similar trade, but only made on Sunday afternoons. The trades are forex trades, and are placed on the EUR USD. Each trader simply sets the trade and forgets the trade each day, and watches the profits roll in.

          Many traders swear by these trades, and this is one of the only places you can find it!

          To learn more about this daily trade, contact us!

          Now for Day Trade FEED’s day trading results…

          Day Trading Results: June 15 – 30, 2018 | Day Trade FEED

          Day Trade FEED’s Day Trading Results – June 15, 2018

          Daily Trades: 3
          Pips Per Trade: 10
          Total Pips: 30
          Lot Size: 0.50
          TOTAL PROFIT: $150

          Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $150 during this time.

          Day Trade FEED’s Forex Day Trading Results – June 18, 2018

          Daily Trades: 5
          Pips Per Trade: 10
          Total Pips: 50
          Lot Size: 0.50
          TOTAL PROFIT: $250

          Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $400 during the final two weeks of June.

          Day Trade FEED’s Forex Day Trading Results – June 19, 2018

          Daily Trades: 5
          Pips Per Trade: 10
          Total Pips: 50
          Lot Size: 0.50
          TOTAL PROFIT: $250

          Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $650 during the final two weeks of the month of June.

          Day Trade FEED’s Forex Day Trading Results – June 20, 2018

          Daily Trades: 5
          Pips Per Trade: 10
          Total Pips: 50
          Lot Size: 0.50
          TOTAL PROFIT: $250

          Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $900 in the final two weeks of June.

          Day Trade FEED’s Forex Day Trading Results – June 25, 2018

           

          Daily Trades: 5
          Pips Per Trade: 10
          Total Pips: 50
          Lot Size: 0.50
          TOTAL PROFIT: $250

          Placing these Overnight Impact Day Trades, Sunday Afternoon Day Trades or regular day-to-day trades would have made you $1150 in the final two weeks of June.

          In conclusion…

          We are Day Trading, Forex and Futures specialists, and love all things day trading! You can find more information on day trading education systems by contacting us!

          “IMPORTANT NOTE: Trading foreign exchange or futures on margin carries a high level of risk. It may not be suitable for all investors. The high degree of leverage can work against you. It can also work for you. Before deciding to trade foreign exchange or futures, you should carefully consider your investment objectives. Also check your  level  of  experience and risk appetite. The  possibility exists that you can lose some or all of your initial  investment. You should not invest money that you can’t afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading. Seek advice from an independent financial adviser if you have any doubts or questions. Past trading history does not indicate future trading success.”