The day trading session focused on the Nasdaq futures market, with the trader analyzing price action and volume to identify trading opportunities. The trader took several trades, including a profitable initial trade, a break-even trade, and a losing trade due to a rapid market reversal, concluding the session with a modest loss but overall satisfaction with the day's trading decisions.
Trading Day Summary
• 00:00:05 The trader discusses the Nasdaq market, indicating an upward trend and potential trading opportunities. He briefly mentions economic data releases at 8:45 am and 9:00 am, which might influence trading decisions.
Apex Account Discount
• 00:05:25 Apex accounts are 90% off for Cyber Monday, until December 3rd at midnight. The trader recommends choosing a monthly payment plan for the $50k account, as many traders struggle to maintain the Performance Access (PA) for more than a month.
Trading Timeframe
• 00:14:02 The trader discusses his preference to wait 15 minutes after the market opens to assess the market's direction and identify trading setups, avoiding potential early losses due to volatility.
Chart Timeframes
• 00:15:29 The trader uses various chart timeframes, including 5-minute, 1-minute, 30-minute, and a tick-based chart, to analyze price action and identify trading opportunities. He primarily uses a 5-minute and 1-minute timeframe.
Market News Impact
• 00:20:15 The trader observes that the earlier 8:45 am market news had minimal impact on the market. He anticipates the 9:00 am ISM PMI release could influence market movements.
Trading Platform Announcement
• 00:50:14 The trader announces that his trading platform will be released this month. He mentions that it will be web-based, support Mac and PC users, and include trade copying across multiple data feeds, among other features.
Platform Features
• 01:02:07 The trader briefly discusses features of his trading platform, emphasizing its web-based design, lockout features, and built-in trade copier that works across multiple data feeds. He clarifies it's a significant investment and not a charitable venture.