Re: HOW MANY RICH DAYTRADERS DO YOU KNOW?
Spamula said:
How many rich daytraders do you know.
Me, i'm Rich.
Go and take a look somewhere in the archives on t2w about the level 2 girl making $150,000/month.Wait until etrade come out with some advertising and read about the guy trading over 300 times a day.The guy is brilliant.I worked with him.
Read the course content and you will see that level 2 only plays a small part of the day.Most of the day is chart work.My trading is level 2 and t/a.The trading stratergies that we talk about are all chart based.The chart stratergies i talk about are so slow i've got time to have numerous cups of tea while they set up and get ready to move.
We deliberately tried to tone down any advertising.Other than the course content i had no input into the advertising blurb at all.If they'd let me at it i would have hyped it lot more than that i can assure you.
I would like to know this, if i'm daytrading with a sb company.I have a 5c spread in 5c spread out and the usual bias whilst i'm trying to take the trade the move can cost me 20c before i ever make anything.If i was a good trader the sb company would maybe make me wait for up to 2 minutes a re quote as well.
If i took the same trade with a level 2 direct access set up,firstly i dont have to pay any spread at all if i dont want to.If i do the same move would only cost me 2/4c on the round trip.My fills if i hit an ecn would be the fastest that you've ever seen.
I'm going to give this challenge.Any detractor is willing to bring a sb set up and put it next to my level 2 access trading platform.Trade a US stock with it,make the call and i'll take the same move with my level 2 screen so that they can see how quick and how much i can save in the move.
Many on the board daytrade.This course will show that if you want to do that style of trading maybe 5 times a day this course will show a stratergy,how to use the charts and a small peice on how you might want to take the trade.
It deals in facts and not negative hype.