Guide to Day Trading Strategies

Step 3 - Month 4
In your 
À
nal month of our trading plan, you will make more adjustments based on the performance 
of your previous month. As day traders, we are constantly making adjustments to our strategies 
and techniques in response to changing markets. Once you have developed a level of con
À
dence 
in yourself and your abilities, you will simply 
Á
ow from one strategy to another, based on greater 
market conditions. This is the ebb and 
Á
ow of the markets that we have to respond to.
During month three, you will increase your risk per trade to $200. Your max position size will be 
500 shares for stocks over $20, and 1000 shares for stocks under $20. Your daily pro
À
t target is 
$600 per day, with a weekly target of $1800 per week. Once you have completed our three Step 
Trading Plan successfully, you are on track to make just shy of $100,000 per year as a day trader. 
This is success. We teach day trading skills that can be used to generate income. We are not 
going to tell you that success comes overnight or that you can make a million dollars in your 
À
rst 
year trading, but our students are proving that success is obtainable for those who work for it.

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CONCLUSION
The frustrating reality that I am sure you know is, that success in trading will not come for most 
who try. With only 1 in 10 succeeding, the odds are stacked against us. We have addressed the 
primary reasons that most traders fail. They fail due to a lack of market education and a lack 
of risk management. These causes of failure are completely avoidable, and by spending your 
time reading this book, you are showing a level of dedication that far exceeds the majority of 
new traders. It is that same level of dedication that success requires. I spent years struggling to 
À
nd success as a trader. I was fortunate enough to have the ability to tread water in the market 
until I learned. I survived until I thrived. It did not come naturally to me, and I had to overcome 
emotional roadblocks about the fear of loss that so many traders experience. I learned through 
the long process of trial and error. I hope I am able to help save you the pain of that process by 
showing you the strategies I use every day. This book is a compilation of my years trading in the 
markets. I have traded through the turmoil of 1000 point market crashes and experienced the 
pure excitement of 1000% biotech short squeezes. Over my years trading, one of the biggest 
things I have learned is to never underestimate the market.
Every trader is a hunter of volume and volatility, and a manager of risk. Every new day in the 
market presents a new set of challenges and opportunities for growth. The market is dynamic 
and no two days are ever the same. I have had days where I made tens of thousands of dollars, 
and I have had days where in a matter of minutes, I gave back three months of pro
À
ts. The life 
of a trader is one of ups and downs. Trading is a career that certainly will not bore you, but 
could overwhelm you if you are not able to cope with the emotional pressures. I emphasize 
to all of our students, the importance of balance in life. The best traders learn and maintain 
techniques to cope with stress, and remember to take time to get away from the computer 
screens and enjoy life. We work hard and we play hard. This is the life of a day trader. I hope 
you will join us.

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