Results: Thursday
29 JUL 2010
+  $151
*Details **Disclaimers

 


Day Trading Results

 

Text Box: PATIENCE + DISCIPLINE + USING STOPS EFFECTIVELY
EQUALS
WELCOME TO OUR WORLD OF MAKING MONEY CONSISTENTLY

 

 

 

 

 





* Each individual's Day Trading Results will vary depending upon one's position size, entry and exit prices.

** All of our day trades assume a 100% position equaling 1,000 shares.

The profit and loss report we post daily is based upon the precise day trades our Senior Trader, Brian Paragamian calls out during our live daily webcast from 8:30 A.M. - 12:00 P.M. CST. The strategies and position size Brian uses will vary from day to day based upon market conditions and technical setups. During these daily live webcasts he will reference buying a certain percentage size position in a stock. Following our guidelines; a 100% position size would equal 1,000 shares, a 50% position size would equal 500 shares, etc. Generally speaking, all day trades Brian calls out will not exceed a full position size of 1,000 shares. Of course there are always exceptions depending on the markets. Often times Brian will leg into a day trade, meaning he will buy a 50% position, 500 shares and then add an additional 50%, 500 shares. This allows for some flexibility on a trade and prevents one from over committing initially and over leveraging. Brian may also do the same while closing out a day trade, sell 50% of the position, 500 shares and then sell the remaining 50%, 500 shares. Unlike most, one of Brian's ways to leverage a position is by using stops effectively and managing the trade the correct way as opposed to buying larger position sizes. He always keeps in mind maximizing gains while limiting losses. Brian's skill in managing day trades is second to none. Consistently making money is what he is all about. Brian does not believe in setting daily goals for profits; rather, he lets the technicals of the trade determine the profit. Brian is all about maximizing the trade. He never puts on a day trade unless it gives him a minimum of a 2:1 risk/reward ratio. As mentioned above, he manages the trade based on the technicals, not on some daily profit goal. Not putting trades on correctly by using proper technical setups and not managing the trades through proper stop management only eats away at your risk/reward ratio and inevitably turns it upside down, against you. If you trade by Brian's methodology, the profits will simply take care of themselves and you will be making more money than you ever dreamed of on a consistent basis; every day trader's dream.


Risk Considerations
We are not a registered broker-dealer. You understand that the material provided in ProfessionalStockTraderLive.com is for educational and informational purposes only, and that no mention of a particular security in this site/web casts constitutes a recommendation to buy, sell, or hold or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information contained in ProfessionalStockTraderLive.com may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Investing/day trading entails risks; certain investments are subject to high volatility, and may experience sudden and large falls in their value. Losses may equal or exceed your original investment. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional to verify pricing information. ProfessionalStockTraderLive.com holds no responsibility for how you might interpret our day trades or to the extent that you might follow them, on an "as is," "with all faults" basis. Such day trading we perform is for informational purposes only and day traders/investors effective assume this risk.

 

 

 

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