In todays market. Day trading is much more common than it used to be, for me and MANY others. In my first DVD, the FOUS4, which is the core of my strategy and the #1 rated DVD @investimonials.com and is the same exact strategy that has banked me over $300k since Jan 11′, I dont even mention or illustrate an intraday chart. Because it really wasn’t that important to me. But in todays extremely volatile market its SO NECESSARY to understand intraday charts. Because a lot of my alerts these days are only day trades rather than swings. Because if you don’t lock in those profits quickly then they will easily disappear. Like on EGT yesterday how i alerted .81.. sold 20min later .91 and banked +2500! now the stock is @ .74 a day later.
Now don’t get me wrong this doesn’t mean swing trading doesn’t work anymore. I screw up some of my best trades because im too focused on the intraday charts. My first alert on EGT was a FOUS4 FORCE pattern and alerted @ .64 and then the stock nearly doubled to 1.25. I sold in the .70′s because i was being a PuS$y!… when if i actually followed my FOUS4 strategy i could of had my biggest trade of the year! But many trades don’t work out like that.. just like EGT yesterday.. I was able to bank $2500 because i know how to look @ intraday charts and am able to day trade. And thats also why im in the works of creating the highly anticipated FOUS4x2 DVD. Which is all based on how to implement intraday charting into the core FOUS4 strategy!
BUT…..Unfortunately…. The SEC has created a rule called the Pattern Day Trader Rule. For anyone with an account under $25k they are only allowed 4 day trades per week! and if you go over your day trading limit you can get your account locked up for months! NO BUENO! I typically have many more day trade alerts than that per week. But I’ve been passed the 25k rule for years. I typically trade with an account balance of $100-150k.. and take out money when needed for expenses. leisure, taxes etc. So i can day trade as many times as i please.
BUT #2 … many of you don’t have $25k which means you may not be able to follow all of my alerts. or worse! you might get stuck in a trade like EGT because you were @ your Day Trade Limit! But i have something special for you people! And thats the whole point of this blog is to introduce to you my new affiliate broker!
Suretrader is a special broker that gives you unlimited day trades for accounts that are funded with just $2,000! so say good bye to the PDT rule! Unlimited Day Trades for all! It also gives you 6-1 leverage which allows you to bend the rules a bit if you have a tiny account. But be careful, i don’t really rec using leverage as you can lose you’re money much faster if you make some stupid gambles in your small account.
In addition another benefit to this broker is that you can short penny stocks of which my team mate tim sykes is the king pin of. I may open an account just for that reason.
To sign up click the banner below. In addition use the promo code Fous007. I highly recommend this broker to anyone with an account under $25k so you can maximize your trading potential as a FousAlerts.com SUBSCRIBER
(Disclaimer: Not intended for US persons)