April Fool's Gold Trade!

http://KnightCapitalManagement.com

Good Trading,

David "Tiger" Knight

March to $2 Million plus Crude Oil Rollercoaster Today

http://KnightCapitalManagement.com

Hello Traders!

Starting in April, we are switching gears to take multiple markets into our trading strategy allowing us some more High Probability Trades (HPTs). We are starting our account balance around $3K, and see where we will finish by the end of December's trading.

Markets that we will Trade:
1. ZB - 30 Year Treasury Bond
2. G6E - Euro Currency
3. ES - eMini S&P
4. YM - eMini Dow
5. GC - Gold
6. CL - Crude Oil

In addition we will introduce other markets as time goes on, specifically:

7. ZC - Corn
8. ZS - Soybeans

Other markets will be introduced as a total trading plan.

Since today is the last day of March, then we will see where our account stands this time next year on March 31st, or a year from today! I am excited to see where this account will stand in a year's time, and I look forward to working with you, and helping you to achieve your goals.

On a sidenote, month end rules applied today ... what a rollercoaster ride most markets were during our morning trading session ... look at Crude Oil for some proof of how hard it can be to make money at month end, and also in this case coupled with a quarter end.

Be safe!!

Good Trading,

David "Tiger" Knight
http://KnightCapitalManagement.com

Bonds back in Favor? Perhaps ... plus trading observations ...

http://KnightCapitalManagement.com

This trade went down 10 ticks to initial target, then on down to support line in front of the consumer confidence report. Then the market marched its way right back to the resistance line today.

Are the bonds back in favor? Perhaps ... time will tell, but this market seems to be showing some signs of life recently.

So what is the March to $2 Million? This is my attempt to show a full trading strategy and grow my account in the process. I will talk more about it on tomorrow's blog post, but I want to introduce this concept today to you.

We are taking a $3,000 account and utilizing our conservative rules, while still remaining aggressive on the markets that we can trade. Our goal is to eventually get to trading not only multiple markets, but multiple contracts.

During this week, I have watched several new and existing members leave the trading room, because they do not understand the approach of how I can trade multiple markets.

For example, one individual went on to say that he only trades the eMini S&P or the ES market, such a shame to place yourself in the all eggs in one basket kind of trading that presents itself.

Why does a one market person search for others to help them trade? Here is my 2 cents on the subject, because it doesn't work. Why? Because they fall into the trap of taking on unnecessary trading risk by overthinking the entry and not taking A+ setups!

It is amazing to me that people pay $9.70 for 14 days, and cancel after the 1st day in the trading room. How can you judge a trading method in that time frame? Seriously, 14 days isn't enough either, but people are so impatient hunting for the HOLY GRAIL, that they can't see it because of the PLANK in their own EYE.

This goes back to the question of why do most traders fail? The answer is really a simple one, because most of them jump from one method to the next never giving enough time and research to determine if it really works or not.

Just because you don't understand something doesn't mean that it doesn't work. Perhaps, spending more time in research and less time in searching for the Holy Grail is the true answer to trading success.

I have built my account on utilizing multiple markets in my trading. I invite you to join me to understand how to do this as well, but if you are one of those tire kickers, then perhaps you should spend your money on something you enjoy doing besides trading. This way you at least have something to show for your time!

Good Trading,

David "Tiger" Knight
http://KnightCapitalManagement.com

Nice Fast Crude Oil Trade Today

http://KnightCapitalManagement.com

Nice $300 or $400 Trading Win for your time today off the Crude Oil Inventory Red Report per contract.

Good Trading,

David "Tiger" Knight

Top 10 Most Frequently Asked Questions: What Are You Passionate About?

http://knightcapitalmanagement.com
Learn how to day trade futures with Tiger of Knight Capital Management. Our current video series showcases the Top 10 Most Frequently Asked Questions (FAQ) received from traders about how to day trade futures the right way.

More Info:
http://knightcapitalmanagement.com

Twitter: http://twitter.com/tradecraze

FaceBook: http://www.facebook.com/tradecraze

Good Trading,

David "Tiger" Knight

Health Care Passes: Crude Oil Trading Today!

Here is a great example of trading crude oil to the UADR today with enough room to take profit along the way. Now, if you were trading a series of 3 contracts today, your first exit was at $80.07 for a total of $800 or $400 on each contract.

The last contract hit its profit objective at 80.77 for a profit of $1,100 per contract.

Todays' 3 contract total earned $1,900.00 for every 3 contracts traded.

9 Contracts by the way could have earned ... $5,700.00.

Good Trading,

David "Tiger" Knight

eMini Dow (YM) Bull Bear Trading Strategy Video

TradeCraze — March 01, 2010 — http://knightcapitalmanagement.com
Learn how to day trade futures with Tiger of Knight Capital Management. Introduction to our eMini Dow (YM) Bull Bear Trading Strategy for traders about how to day trade futures.

More Info:
http://knightcapitalmanagement.com

Twitter: http://twitter.com/tradecraze

FaceBook: http://www.facebook.com/tradecraze

Good Trading,

David "Tiger" Knight
Category:
Education
Tags:

learn to trade how to trade futures day trading futures live daytrading room live futures day trading room emini day trading e-mini day trading learn to day trade how to day trade futures day trading course day trading ebook day trading e-book crude oil futures gold futures s&p 500 day trading how to daytrade futures how to trade gold futures how to trade crude oil futures e-mini day trading course e-mini trading strategies

eMini Dow (YM) Trade of the Week

http://KnightCapitalManagement.com

Click on chart for a larger image of the YM Trade. YM stands for the eMini Dow.

This was a nice setup after the 10AM Report release.


Good Trading,

David "Tiger" Knight

P.S. March to $2 Million News Coming Tomorrow! Also, we are getting closer to releasing our next trading strategy called the eMini Dow Bull Bear Trading Strategy.

Top 10 Most Frequently Asked Questions: The Trader's Worst Enemy!

http://KnightCapitalManagement.com

This is question #8 of the Top 10 Most FAQ's.

Good Trading,

David "Tiger" Knight

$1800 Crude Oil Trade Trading 3 Contracts

http://KnightCapitalManagement.com

Nice Short Setup Today in Crude Oil.

Two contracts off at plus $400
Last Contract off at plus $1000

Good Trading,

David "Tiger" Knight

February 19th 2010: YM Trade sent in by Student today.

http://KnightCapitalManagement.com

Beautiful Setup and Great Patience shown in allowing the market to show you an entry and exit point on this trade.

Great work!!

Good Trading,

David "Tiger" Knight

British Pound Taking Off Today!

http://KnightCapitalManagement.com

What an awesome trade today for those that caught this one!!

Good Trading,

David "Tiger" Knight

Euro for $1000 Alex ... Trading 2 Contracts!

http://KnightCapitalManagement.com

One of the charts sent in by a student today! Nice trading!!

Good Trading,

David "Tiger" Knight

Very Nice Trade in British Pound!

http://KnightCapitalManagement.com

Very nice setup on the 3 minute chart in the pound today ... notice the 3 Spike Reversal Bars announcing a possible long trade!

Some of Tigers' Students caught this one ... but there was also a very nice trade in the Euro ...

This trade had the possibility of netting over $700 trading 2 contracts!

Good Trading,

David "Tiger" Knight

Top 10 Most Frequently Asked Questions: Does the Holy Grail Exist in Trading?

http://knightcapitalmanagement.com
Learn how to day trade futures with Tiger of Knight Capital Management. Our current video series showcases the Top 10 Most Frequently Asked Questions (FAQ) received from traders about how to day trade futures the right way.

More Info:
http://knightcapitalmanagement.com

Twitter: http://twitter.com/tradecraze

FaceBook: http://www.facebook.com/tradecraze

Good Trading,

David "Tiger" Knight


Category: Education

Tags: learn to trade how to trade futures day trading futures live daytrading room live futures day trading room emini day trading e-mini day trading learn to day trade how to day trade futures day trading course day trading ebook day trading e-book crude oil futures gold futures s&p 500 day trading how to daytrade futures how to trade gold futures how to trade crude oil futures e-mini day trading course e-mini trading strategies