My title is David Marsh and I’ve been a day dealer for over 15 years. Back in 2007, I first got here on-line and offered my Tick Trader Day Trading Course. It was so successful that we needed to restrict the variety of college students and ultimately discontinue its sale to the general public in 2012.
About David Marsh
I’ve been concerned within the markets for the reason that early 1990’s. I began with futures buying and selling, then moved on to choices buying and selling, graduated to inventory buying and selling, then full circle, again to futures buying and selling—the place I’ll keep completely. During this time I additionally discovered daytrading and swing buying and selling.
When I used to be 21 years outdated I drove all the way in which from my house in Buffalo, NY to Chicago to go to a $3800 Options Class. It was an incredible course, I discovered so much and was in a position to go to the CBOT (Chicago Board of Trade)—I even purchased a CBOT sweatshirt! But after I acquired house, I used to be broke, so I needed to put the whole lot I had discovered on maintain and went again to work!
I managed to avoid wasting up some cash and open an account. It solely took a pair months and I blew out the account. Once that occurred I went again on my quest to seek out the secrets and techniques to buying and selling. I learn numerous books and went to numerous excessive priced seminars and even purchased some house research programs from the GURUS. I discovered about technical evaluation and all of the completely different indicators one may use to foretell future market costs.
Honestly the primary three years have been powerful. I blew out numerous buying and selling accounts and misplaced tens of 1000’s of {dollars}. I spotted buying and selling is a tricky enterprise however I moved on—figuring out at some point I’d discover what I used to be searching for. It took some time however I lastly realized that what I used to be lacking was self-discipline. I had a tough time following by means of with guidelines!
I completely modified my thought course of on buying and selling. I spotted it was a tricky enterprise and that if I couldn’t comply with guidelines then I actually had no enterprise buying and selling. After that my buying and selling profession turned proper round!
I then developed a quite simple strategy to buying and selling. I discovered 2 indicators that when used collectively have been extremely correct. Of course I back-tested it for a number of months to see the way it labored and to create guidelines, entries, exits and so on. After about three months I traded reside with actual cash and the outcomes have been unbelievable.
My complete thoughts set is completely different. My aim manner again was to make a killing available in the market. Now that’s not the case. Now I commerce for a residing! I take a small chunk on a regular basis to make a really comfy residing. I wish to see it as an apple tree exterior my home. Everyday I am going exterior and take the apples I want for the day. I don’t attempt to lower down the entire tree!
I earn my “living” by buying and selling for 1 level a day! Trading for 1 level a day is a really attainable aim. If I want to earn more money, I merely commerce extra contracts. To provide you with an thought of what 1 level a day can produce, check out my Business Plan.