I normally do not send out a post notification for my YouTube uploads unless it is something important or different, but today fits that description in my opinion. Everyone is looking for the holy grail of day trading, and today I think this video fits that description. No, this is not clickbait. I am really […]
The Holy Grail of Day Trading Read More »
I saw the following motivational post today and it struck a real nerve with me, so I thought I would share it with the rest of you. How would you describe your interest in day trading? Do you simply have a passing interest, or are you totally committed 100%? When I say totally committed, I mean
Passing Interest or Total Commitment Read More »
I have received an exceptional number of comments about my “soapbox” comments from Wednesday’s YouTube video, so I decided to take that portion only from the video and add it to a new post on the website to make it easier to find. I think what makes some of my soapbox stuff work so well
Day Trading Truths From Mack Read More »
I am asked a lot of questions about day trading, but the one question I get more than any revolves around the thought process of why I became a price action day trader. In this article I will specifically address my choice of why I wanted to become a day trader. I’ll follow up with
Why I Became A Price Action Day Trader Read More »
If you are interested in learning to trade for a living, then you will want to get all of the facts on day trading for a living with price action. After many thousands of hours of watching prices print to a chart each day, I have discovered that day trading profits increase most frequently when
Day Trading For A Living With Price Action Read More »
While we don’t suggest anyone start day trading without any knowledge of the markets, everyone has to start someplace. We actually get inquiries from people almost weekly asking about price action day trading, even though they have never traded in any form or fashion in the past. For this reason, we felt it was worth
Day Trading Basics Read More »
It happened again on Wednesday when an automated stock trading algorithm flooded the market with millions of trades instantaneously, creating some large and exaggerated moves in several stocks, and thus also affecting the futures indexes to some degree as well. With the flash crash that occurred on May 6, 2010, many traders are starting to
Is Electronic Day Trading Becoming Too Risky Read More »
With very few options for solid returns on their investment money, many retirees are desperate and they are considering much more risky opportunities in order to get a solid return on their savings. A growing trend is day trading their retirement funds, but is day trading your retirement funds a wise decision, even if using
Is Day Trading Your Retirement Funds A Wise Decision – Even If Using Price Action Read More »
One of the most important rules we have here at PATs is to make sure that you trade only liquid markets. There is great dander in day trading thin (low volume) markets, and this article is going to explain the danger of day trading low volume markets – even with price action strategies. You see,
The Danger Of Day Trading Low Volume Markets – Even With Price Action Strategies Read More »
I am often approached by new traders or simply people that are interested in learning to day trade, and they usually ask very similar type questions. Most of these questions are about how to learn to day trade, or how difficult is learning to day trade. This article is going to serve the purpose of
Day Trading Introduction Read More »