Day Trading Radio Blog Alert - This Week's Kick Ass Watch List and Outlook

Published: Sat, 04/27/13

 
 

2013-04-27 22:04:49-04
This Week's Kick Ass Watch List and Outlook

Feel's great to get the fire back in regards with my trading, I got us an extra special watch list this week with 3 Kick Ass Trades of the Week on it. LBTYA is the first one and the one I am choosing to send out to the general public. The other selections and the rest of the HPS  can be found here http://daytradingradio.com/10for1000 I love this week's list and most likely will start some new position early Monday. These positions will be smaller in size but balanced across the best bets (KAT) (KAT is Kick Ass Trades).

You Probably notice I did a lot more scalping last week to and it paid off. Scalping and Swing trading although 2 different animals use the same techniques but on different time frames. I find swings easier to handle and less stress and fits great with the HPS strategy whereas Scalps take a lot more concentration and focus.

Another main condition is when I place a scalp I almost always have a predetermined stop and exit area. Now here is the catch lots of traders are trading under the required 25k thresh hold that mainly defines what a pattern daytrader is. So you are restricted in how many round trips trades you can have  in a five day period. This in most cases causes traders to not trade there scalp plan and alter there trading plan if they become in danger of being locked out due to too many trades.

So most of you know I have an account with Suretrader. This online international broker does not fall under SEC jurisdiction and because of this there are no limitations on daytrading (Scalping). I been testing them out for over 8 month now and over the last 1 month I have seen a big improvement in their customer service as they have hired new staff and updated their platform to fix some small bugs that I had experienced. I am now ready to really put it to the test and show the world what you can do with this account and just $2000. (Two Thousand Dollars) Just using it as a daytrading account (Scalping) with no overnight holds and using the great 6-1 margin which gives me $12,000 buying power. In the next week or so I will be announcing the Suretrader2000 Challenge Where I will only scalp using the sure trading platform and account and using the HPS method on the smaller time frames. I hope to show you a realistic idea of what you can do with an unhindered unrestricted daytrading account with minimum funds.

This will also be a members only feature and the Suretrader2000 Challenge will be show on DTR2 live all day 

To Try out SureTrader follow the link

 

Ok that's it for tonight 

DayTraderRockStar




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