Wednesday, August 17, 2016

Day Trade to Win's Trade Scalper software for NinjaTrader provides Long and Short signals on the chart at the exact moment you should place a trade. An arrow accompanies a text signal that indicates the entry price. On average, you can see eight to twelve trades in the morning on the E-mini. You will probably not want to take all of them, as John Paul teaches you how to filter some of the more risky setups. He also provides instruction for trading the method manually - you don't actually have to use the software. For many traders, this is a blessing because you are free to use platforms other than NinjaTrader.



To ensure understanding of the Trade Scalper strategy, a live training class is provided. John Paul shows you exactly how to spot the conditions that lead to successful trades. A 1-min chart equates to faster trading and more opportunities. This also means you'll be using a more conservative profit target and stop loss. In fact, the stop loss is never greater than six ticks. It's easy to set up an ATM strategy within NinjaTrader to help set this maximum stop when placing a trade. As for the profit target, this is dynamic and based on the ATR. You can also pre-define a value for the ATM strategy, such as two. On average, the value will never be more than four ticks. Scalping is all about fast, in-and-out trading. Take a look at Day Trade to Win's other price action courses.

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