I am finally getting settled in Rio de Janeiro, Brazil. I am sitting down looking at the Christ the Redeemer statue from my new office on the fourth floor of a patio in a small neighborhood called Santa Teresa. I will be moving into my very own penthouse apartment on Wednesday of next week and I can’t wait to share pictures of our new control center here in Brazil . Since many of you like for me to share my travels around the world I decided to share my day trading office here in Brazil. The days here have been sunny and it is only rained once I got here, definitely a marvelous city.
You can find out a little bit more about my travels around the world at my travel blog, WanderingTrader.com
When I share results I always try to be as conservative as possible because I know that everyone is not going to perform the same. I do quite well in the markets and share my personal trades and trades of my team of traders, you can view them on the market recaps page. There is a baseline, a conservative estimate, that I do like to share to give you an idea of what’s possible with my day trading strategy. If you are interested in receiving updates about my training program sign up for my email newsletter below, I will send you the first two chapters of my curriculum for free:
The results below have a few assumptions considering that not everyone is a professional day trader, these are beginner results and as such, you should consider the upside potential.
- No risk management
- Limited market knowledge
- No advanced trades
- Only For Sure Trades
The idea with these results are to be able to show what a brand new person to trading can achieve in their first full year of trading. This is after they learn my strategy and they understand a little bit how the market works. It’s one thing to be able to know when to take a good trade, it’s a whole different story when we learn how to stay out of bad trades and take trade that don’t fit the “rules”. These are results that someone could make after learning just the basic of trading.
I think it is very important to understand how the market works and why it moves the way it does because once you learn that, you can trade with a structure and bend the rules to maximize results and minimize losses.
There or roughly 245 trading days in the year, I assume only 200 trading days because being a day trader you’re going to want to travel and take trips. That’s roughly a two month vacation and we must include holidays, contract rollover days, and my specialty, days that we don’t want to get out of bed.
The highlighted day, March 15, is a day that you would have stopped trading because your stop loss would have been met. When day trading, we have to know when to protect ourselves from ourselves, that is one of the reasons why we have rules set up for our day trading. It is a very emotional profession so we must have strict guidelines of what to do and when, otherwise we will not be successful.
I have been debating whether or not to start weekly recaps in addition to the daily recaps that I have available publicly on this site. Please see the disclaimer from the CFTC in regards to posting results.