If you're a new day or swing trader, are thinking about becoming a trader or have been doing this for awhile and losing money... this site is for you! I have been trading actively for 4 years and wish I had access to affordable information that would have told me what not to do. In the first three years, I lost a lot of money and it is only now in the fourth year that I've finally learned how to trade profitably.
The reason I developed this site, is that I am tired of seeing people lose money. I am like most of you. I have a day job as a Leadership Consultant and Project Manager (Honorable Leadership) AND I'm a Day Trader. Being a leadership consultant while learning how to day trade was not easy. Being in California, I do my trading from roughly 6am - 9am every day at a Starbucks (plus lots more time at night!). You would be surprised how many others are doing the same thing. Over the years I have seen a lot of traders come and go as they "tried" to become a day trader. BEWARE: 93% of Active Traders lose money and most don't trade after three years.
You won't find a lot of "hype" on this website. I am a skeptic by nature and don't believe things that sound too good to be true. They usually aren't. I will give recommendations based on FIRST HAND knowledge, or thorough research. I have several goals for this website:
- Pass on my mistakes to you, so that you can avoid them
- Share my knowledge of tools and resources
- Give you access to AFFORDABLE information
- Educate you on what trades have worked for me
- Develop a community of followers who can benefit from each others experiences
- Make a small income from this website (I wouldn't be honest if I didn't tell you this)
Why You Should Check Out Novice Day Trader!
- Market Behavior
- Charting
- Technology (Computer requirements)
- Indicators (Stochastics, Retractments, Fibonacci Numbers, MACD, Momentum)
- Patterns that will make you money
- What trades NOT to make
- How to identify stocks that are likely to make a significant move in the next few days
- How to protect yourself from huge losses. Where to set your stop loss points
- Trading techniques that professionals use. The market is not a level playing field
- How to calculate position sizing
- Level II and Market Depth
Remember - Knowledge is Power.
Steady.....
JT





















Novice Day Trader