An Introduction To Simple Day Trading The What, & How Of The Day Trading Cash Machine The Art of...

An Introduction To Simple Day Trading

The What, & How Of The Day Trading Cash Machine

The Art of Simple Trading Presents:

The Status Quo

More than 38 million working-age households (45 percent) do not own any retirement account assets, whether in an employer-

sponsored 401(k) type plan or an IRA.

The Status QuoWhen all households are included— not just

households with retirement accounts—the median retirement account balance is $3,000 for all working-age households and $12,000 for near-

retirement households. Two-thirds of working households age 55-64 with at least one earner

have retirement savings less than one times their annual income, which is far below what they will

need to maintain their standard of living in retirement.

The Status Quo

A large majority of households fall short of conservative retirement savings targets for

their age and income based on working until age 67. Based on retirement account assets,

92 percent of working households do not meet targets.

The Status Quo

Average U.S. College TuitionAccording to the College Board, the average cost

of tuition and fees for the 2015–2016 school year was $32,405 at private colleges, $9,410

for state residents at public colleges, and $23,893 for out-of-state residents attending

public universities.

The Status QuoBLS Fastest Growing Occupations in the United States

Occupation Growth Rate 2014-2024 2014 Median Pay

Wind Turbine Serv Tech. 108% $48,800

Occupational Therapy Assistants 43% $56,950

Physical Therapist Assistants 41% $54,410

Physical Therapist Aides 39% $24,650

Home Health Aides 38% $21,380

Commercial Drivers 37% $45,890

The Status Quo

In real terms, median weekly wages have only grown by $16 since 1979

— only a 2% rise over a time span of three-and-a-half decades.

Enter Day Trading

What Simple Day Trading Is Not

Investopedia - investor who attempts to profit by making rapid trades intraday. A day trader often closes out all trades before the market close and does not hold any open positions overnight. Some day traders use leverage to magnify the returns generated from small stock price movements.

What Simple Day Trading Is Not

SEC.gov - Day traders rapidly buy and sell stocks throughout the day in the hope that their stocks will continue climbing or falling in value for the seconds to minutes they own the stock, allowing them to lock in quick profits.

What Day Trading Is

The Trader – Day traders reduce/control their risk while simultaneously improving the probability and likelihood of growing their accounts exponentially through the 8th Wonder of the World… Compounding. We look for high probability circumstances to expose ourselves to risk in order to “make a little each day.” True day traders DO NOT take overnight risk.

Advantages of Day TradingTurnkey

Minimal Startup Costs

Risk ControlTremendous

LeverageNo InventoryNo EmployeesNo Customers

Geographically Flexible

ScalableMeritocracy

Recession ProofGreat Addl Rev

Stream Introverts

How It Works

Why It Works

CompoundingYou Make Money On Your

Why It WorksCompounding

“Consider, for example, the following puzzle. I give you a large piece of paper, and I ask you to fold it over once, and then

take that folded paper and fold it over again, and then again, and again, until you have refolded the original paper 50 times. How tall do you think the final stack is going to be? In answer

to that question, most people will fold the sheet in their mind’s eye, and guess that the pile would be as thick as a

phone book or, if they’re really courageous, they’ll say that it would be as tall as a refrigerator. But the real answer is that

the height of the stack would approximate the distance to the sun. This is an example of what in mathematics is called a

geometric progression.“-- The Tipping Point by Malcolm Gladwell

Why It Works

ExpectancyWin%*AvgWin-Lose%*AvgLoss

Why It Works

TRTTime*Return*Turns = Growth

The 1 Thing You Must Get Right Each Day

What You Must Get Right Each Day

Trend DirectionakaBias

Methods of Bias Determination• Support & Resistance

• H/H and H/L or L/H and L/L• Moving Averages

• “The Force”

The Myths

A Few Day Trading Myths

The market can’t be timed

YOU can’t time the market

You have to take 100s of trades each day

You have to sit in front of the computer all day

The market is rigged

Day trading is easy

Day trading (profitably) is impossible

There’s a super secret method

There’s a super secret magical indicator

You can win on every trade

Logistics

LogisticsWhat You Can Day Trade

• Stocks• Currencies

• Options• Other Exotics

• Futures

LogisticsI trade futures… Mini Equity Index Futures to be

exact. Their advantages include:• Low Margins• High Leverage• High Liquidity

• Clearing House• Online (no pit)• Taxes (60/40)

How Much To Get Started?Item Cost

Hardware $1,000

Software $0

Training/Mentorship/Guidance/Books Swing Factor ($3,000/yr)

Open Emini Day Account $2,500

How Much Can You Make?

Always the question of course… and rightfully so…

A Simple Day Trading Setup

A Simple Day Trading Setup II

The Perfect “Laundromat”

Business

The Perfect “Laundromat” Business

Compounding is the best (only?) way to grow your money

Day Trading is the best way to reduce risk and achieve geometric growth (compounding)

Profitable day trading is simple… just not easy

An Introduction To Simple Day Trading The What, & How Of The Day Trading Cash Machine The Art of...

Documents

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Day Trading Wizard

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Simple Trading to Profit

Simple Solution Catalog - Sirius Trading

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Trading Market Technicals 3 day professional trading class

Simple Fixes For Trading Too Much

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Day Trading Book