I get this question all the time, how risky is it to day trade and the answer is, that you can control your risk. There are ways to control your risk that allow you to at the most lose only 15 to 20% of your daily investment. I my mind that is not so terribly bad considering I have seen people lose all of their total investment. Here is some way to control your risk.

This last week BIDU jumped up and value a lot and we know there was a 3 candle upward movement that there would be some profit taking on Friday ans we were right and made some money on its downward move.

Today was the second quarter report from the FOMC and I played it using the SPY options and made some money. Here is what I looked at in trading the FOMC report

Tis the earning season again and now that we have some time to plan, lets think about how you will trade your favorite stocks as they report their earnings.

The second quarter of the 2015 has started and there are some interesting things happen that you may want to take a look, I will point then out to you..

We have all looked at our jobs or business and wonder what will happen if I didn't have that any more, well with a trading education you have some way to continue making money for your self. Here is what I think about it.

We are coming to the end of the quarter and there are important things you should know about when trading at this time, take a listen to the podcast.

I talk to students and their biggest complaint is that they always get out the trade too early. I have a few suggestion on how I stay in longer, see what you think

There are many successful traders out there that use different systems to make money. You as a new trade should be finding those people and talking to them about what they do and if it fits with your trading style. The only way to so that is to listen, to what they say and learn.

When I listen to people on TV talking about buying a stock and holding it forever I get mad, because unless they are seeing a return of 50% it isn't worth the risk. Trading in a shorter time frame makes more sense to me, what do you think?