Day Trading Academy

Today we are going to talk about why trading is still the best job in the world.

Just look at the times that we’re in right now, a time where you had a job but you couldn’t get paid for it, a time where your business is not giving you money, a time where you’re stuck in your house because of a pandemic, a time where you have lost your freedom and your lifestyle. It is precisely at times like this that trading stands out as the best job in the world. Even in times of crisis like this, trading allows you to make money, because there will always be someone who will want to buy and sell, and you will be there to take advantage of the opportunity. It’s not like you’re gonna buy a course and be a millionaire overnight but trading can give you the ability to be able to make money as long as you learn it properly. All you need is internet, which is still available (they haven’t shut it down yet).

Now there’s absolutely zero excuse to not learn how to trade. If you don’t have any money, you can learn for free, but obviously it’s gonna take you a lot more time because having a mentor takes leaps and bounds in terms of being able to learn something. The whole world is practically in

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This week we experienced the worst stock crash in history, U.S. stock index futures plunged lower early Monday morning, in the face of the rapidly spreading corona-virus & the Federal Reserve Bank announcement of an interest rate cut down to “0”, both events panicking some investors. Dow plunged over 1,000 points.

Bitcoin was at $5,868.00 last Friday evening, then moves lower again early Monday morning to 4,894.97, on 03/16/2020, for a weekend market loss of -19.87%. The gains for the year are gone, as investors now ponder the future value of the entire sector of crypto-currency assets.

As the number of coronavirus cases & deaths in Europe supposedly surpassing China on Wednesday, the European Central Bank (ECB) launched a €750B bond-buying program to stop a pandemic-induced financial rout, bringing ruin on the Eurozone’s economy. The new policy brings this year’s planned purchases to €1.1T ($1.19B), with the new round alone, worth 6% of the bloc’s GDP.

Japanese automakers Toyota, Honda & Nissan have all announced that their factories in the U.S. will halt production in a bid to help stop the spread of coronavirus. Toyota is halting all shifts at North American plants from 03/23 until 04/03. Nissan is suspending manufacturing at its U.S. facilities from Friday until 04/6. Honda is suspending production for 6 days beginning 03/23.

First statewide ordered lockdown in America; Argentina is now under lockdown by presidential order; Oil fell to its lowest level in 18 years on Wednesday; Gold extended losses after its worst week in near 4 decades; Coronavirus worsens Boeing’s situation.

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The post Recap March 22: Coronavirus Worldwide Depression? – Worst Stock Crash in History (Recap Ep063) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, markets are living the most chaotic week in history. U.S. stocks plunged on Wednesday, with the Dow confirming a bear market for the 1st time since the financial crisis, after the World Health Organization called the corona-virus outbreak a pandemic. The S&P 500 is also approaching a 20% loss, as the domestic & global economy takes a hit.

European stocks had their worst day in history Thursday with Germany’s DAX & France’s CAC 40 both plunged over 12%. As fears mounted over economic fallout from the corona-virus & measures taken by the ECB to cushion the blow from the crisis failed to sway investors. The central bank says it will ramp up bond purchases to help support the economy, joining policymakers around the world.

Russian President Putin, who in January unveiled a major shake-up of Russian politics & a constitutional overhaul, is required by the constitution to step down in 2024 when his 2nd sequential & 4th presidential term ends. He now supposedly favors constitutional changes that would allow him to remain in power until 2036, but said he then would support term limits, once the country became politically mature.

International crude oil prices suffered the biggest rout in nearly 30 years on Monday with a 25% drop in prices, after top producers Saudi Arabia & Russia began a price war that threatens to inundate global oil markets with supply. Mexico & other nations are now seeking to mediate between the two nations to end a price war, that has battered world markets, Mexico’s finance minister has cited his country’s prior experience, in calming a crude producer feud.

Cryptocurrency Bitcoin -13% at $6,781.00 before U.S. Thursday market open, then moves lower again to 5,868.02, in the evening, on 03/12/2020, for an additional market loss of 15.5%, for a 24 hour total loss of 28.5%. The gains for this year so far, have now been largely wiped out.

COVID-19 infections could go up to 150M in the U.S.; U.S. congress not shutting down due to coronavirus; Oil rebounds but still on track for biggest weekly decline in 12 years; Coronavirus worsens Boeing’s situation.

The post Recap March 15: Tesla Stock Down 40% – Most Chaotic week in history (Recap Ep062) appeared first on Investing & Day Trading Education: Day Trading Academy.

In the recap of this week, coronavirus is again the main topic. U.S. stocks rebounding somewhat on Monday morning, reducing losses from last week’s coronavirus-linked hit. Markets coming off their worst week since the financial crisis. The Dow recorded its worst 1-day point drop in history. As the coronavirus pandemic continues to spread globally & the death toll mounts, it is now being stated that the majority of corona-virus deaths being reported are outside of China, for 1st time since the outbreak began. That is if one has confidence on the news, coming from the Chinese government. After initially recommending a cut of 600,000 barrels per day to support prices, the OPEC+ Joint Technical Committee has proposed slashing oil output by an extra 1 million bpd during Q2. The U.S. Federal Reserve on Tuesday morning, cut interest rates amid growing concerns over the potential economic toll of the coronavirus pandemic. The Federal Open Markets Committee (FOMC), which sets Fed interest rates, announced it will cut its baseline interest rate range by 0.50% to a 1% to 1.25% spread. Central banks in Europe are likely to announce rate cuts; Flybe airline collapsed; U.S. Treasury Yields at new record lows; The U.K. seeks to build new relationships with the world; An Uber driver is reclassified as employee in France; Brazil’s real falls; Netanyahu leads Israeli elections

The post Recap March 8: Stock Volatility Unprecedented – Coronavirus Fears (Recap Ep061) appeared first on Investing & Day Trading Education: Day Trading Academy.

Today I wanted to share a presentation that we did in the seminar that we had a few weeks ago. This was the saturday before the gigantic crash in the markets and I wanted to share this with you because I think in this industry most people only share all the winners and all the money that they supposedly make, and this is actually a situation where I have two very big loses, it’s $47,555 dollars in losses.

I wanted to share this with you to show you how I’m seeing things, I don’t anticipate that they’re gonna continue to be losing positions but I might have to wait a few months for that, one of them was my fault, the other one wasn’t, but I wanted to share it with you becausee I think it is very interesting.

The post How to handle a $47,555 loss – Trading the Silver miners appeared first on Investing & Day Trading Education: Day Trading Academy.

In the recap of this week, the Coronavirus is the main topic. The pandemic fears have wiped out $3.4 trillion from the U.S. S&P 500, in just 6 trading days going from record highs to a correction as of yesterday. And more losses are coming today. U.S. stocks are having their worst week since the 2008 financial crisis. That’s the fastest such movement in over 70 years.

U.S. Treasury Yields hitting new record lows Friday as investors look for safety. Panic grows over the coronavirus pandemic & its impact on the global economy. Crude oil prices for April fell Friday again, heading lower every session this week & down over -20% for the week. Commodities returns plunge due to coronavirus

Brazil confirms Latin America’s 1st infection, while Algeria, Denmark, Greece, Norway, Pakistan, Romania & Sweden report their 1st cases. The U.S. & South Korea are postponing joint military drills. Australia has now initiated emergency measures & Taiwan raised its epidemic response to its highest level as Saudi Arabia banned pilgrimages to Mecca.

Bob Iger is stepping aside as Walt Disney’s CEO; HK$120B to stimulate the Hong Kong economy; Amazon opens its 1st full-size cashier-less store in Seattle; India and the US strengthen their military and commercial ties; Former Egyptian president Mubarak dies; The US will impose more sanctions on Venezuela’s oil sector; Trump plans to apply “The Defense Production Act”; Political hardliners won the elections in Iran.

The post Recap March 1: Stock Market Bloodbath – Tesla Stock Colapses 30% (Recap Ep060) appeared first on Investing & Day Trading Education: Day Trading Academy.

This week, the U.S. stock indices heading lower on Friday, as a spike in new coronavirus cases in China & elsewhere around the globe, sent many investors running for safer assets such as gold, silver & government bonds.

Several U.S. firms are warning investors that Q1 sales will take a hit from the ongoing coronavirus crisis. Apple is 1 example. At a market valuation of $1.4T, Apple put out a surprise investor update, stating it no longer expects to meet the revenue guidance, provided only last month. Stores have been closed in China & the firm is facing supply chain issues there with iPhone production.

China’s Shanghai Index closed Thursday +1.84% as the PBOC lowered its benchmark lending rates, cutting its 1-year loan prime rate from 4.15% to 4.05% & the 5-year rate from 4.80% to 4.75%. Follows the central bank’s decision on Monday to lower interest rates on its 1-year medium-term lending facility – funds the PBOC lends to financial institutions – from 3.25% to 3.15%.

Gold prices remain above $1,600 an ounce on Thursday, reaching a new 7 year high on investor concerns the coronavirus outbreak will hurt global growth. Traders also weigh in on a possible rate cut from the U.S. Federal Reserve before year-end. Gold holdings in global exchange-traded funds backed by bullion, have risen to a fresh record, & are on course for a 6th weekly expansion.

Crude oil prices continue to rise on investor concerns; rhodium and palladium continue to grow in price; Gallup’s Poll of Americans Financial Growth; containers overflow chinese ports due Coronavirus quarantine; Armenia plans to plant 10 million trees in 2020; crown 20 years ago stolen is retrieved.

The post Recap February 22: Stocks Tank on Revenue Guidance – Coronavirus Gets Worse (Recap Ep059) appeared first on Investing & Day Trading Education: Day Trading Academy.

The coronavirus is a very relevant subject that is affecting multiple things day to day. In this video, Marcello shares his point of view in regards to the coronavirus and tells us its possible beginning, likely in a laboratory in Wuhan.

He thinks the virus started due to some tests being made on bats, they likely escaped the laboratory and given that all sorts of animals are eaten in China, maybe someone ate the bats infected with the virus and this is what started the spread of this virus that now has all scientists and health organizations focused on Asia.

He also talks about what the chinese government is hiding, and this gives us some hints about what’s gonna happen with the coronavirus, since China doesn’t want everybody finding out the problem they have with the coronavirus, and since most governments like to lie, they report that the virus is not a huge threat, but in reality, it is likely a way worse than they say it is, which is not only visible in a lot of people’s health, but also in the economy.

Marcello reminds us about what he had said in February 1st about what’s going on in China like: air transport down 40%, car transport down more than 20% and train transport down more than 40%, which means China is totally frozen and it looks like things could get worse. When this happens, precious metals go up and the stock markets go down a little. The positive part about this coronavirus problem is the oportunities that it brings for traders, since uncertainty and fear in the markets helps to have the volatility to be able to make much more money.

The post Coronavirus Pandemic: Next Few Weeks Critical appeared first on Investing & Day Trading Education: Day Trading Academy.

In the recap of this week, we found the stock markets globally edged higher on Friday, as investors gamble that damage to the world economy from China’s coronavirus outbreak, will not be long term as earlier feared, despite the rather sharp rise in the number of coronavirus deaths & infections as reported by China. Some see the possibility of even more Chinese central bank stimulus measures, in response to any further slowdown likely.

International Energy Agency slashes its forecast for global oil demand growth in 2020 by 365K barrels per day to 825K bpd, the lowest level since 2011, as the coronavirus taps down demand in China’s oil-hungry economy. In the latest monthly outlook, the IEA sees global oil demand shrinking by 435K bpd in Q1, which will be the first quarterly contraction, since the global financial crisis in 2009.

BlackRock’s new exchange-traded fund, the iShares ESG MSCI EM Leaders ETF, has already attracted over $600M this week, despite only starting trading on Friday. Best debut for any U.S. ETF this year, as investing in firms that care about environmental, social governance. Although only a small part in the $4.5T U.S. ETF market, sustainable funds added more than $8B in 2019 & assets recently topped $20B.

Germany did not grow economically in Q4 2019; Kramp-Karrenbauer will not run for German Chancellor; Bitcoin moved above $10K; L Brands to announce deal to sell Victoria’s Secret brand; Big boost to NASA’s annual funding on plans; Lyft stocks drop by losses report in 2019; Historic plunge for Nissan shares; Locust infestation in Africa out of control.

The post Recap February 16: Stocks at Record Highs – Coronavirus Lingers (Recap Ep058) appeared first on Investing & Day Trading Education: Day Trading Academy.

Now at SpeedUp Trader, we have forex funding accounts. Although at Day Trading Academy we have always recommended not to start in the world of trading with forex due to the high level of manipulation that occurs there (with an average of 76% of losing accounts), we want to allow those people who believe they can make money in it.

We’ll have leveraged accounts between 100,000 and 500,000. As requirements for those who decide to enter Forex trading is to have a thousand dollars of profit, which translates into about 33 dollars of profit per day. In this way, we facilitate the operation, since we do not impose a limit on the number of lots. The test will be done in Meta Trader 5, we will handle commissions but they will be a very small percentage and we will not charge Spread, we’ll only handle a fixed commission. We’ll have the same rule of the funding, which consists in that the first 7,000 dollars in earnings will be 100% for those who pass the test and then 80% for you and 20% for SpeedUp. For the amount, we’ll only charge $79 to participate in the Forex test and the price will go up over time, so be encouraged and dense the opportunity to be funded.

Here is the article on Forex manipulation and the percentage of losing accounts: daytradingacademy.co/forexmanipulacion

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