What is DayTrading?
1. Buying and
selling stocks several times a day to profit.
2. Buying or selling
early in the trading day and exiting on a stop, profit target.
What is
Swing Trading?
Initiating a
trade and holding it for a day or two.
How
can I trade Your stock picks?
1. Day Trading:
Enter the trade when the
price hits the trigger point and exit with at least 1% profit.
Find out about the power of making 1% profit per day
here.
2. Swing
Trading:
Enter the trade when the
price hits the trigger point and exit within the next 2 days. If you are a swing
trader, then you can enter the trade at the trigger point and hold the stock
until the close of the second day or exit the trade once it
gives you a
3%
profit at any time. Find out about the power of 3% profit in 3 days
here.
How much money can be made if an Active Trader
is making
1%
a day?
Our initial
profit-taking target is 1%. It means in general more than 1% can be made in many
trades. If you start with only $10,000 and make 1% profit a day you can
potentially make
$89,269
by the end of the year (221 trading days).
details
If you make 1% profit everyday
and use a three times margin then you can potentially make $1,544,504 in
1 year (221 trading days) with an initial investment of $10,000.
details
How many stock do you pick every
week?
Since we believe that not everyday is a the day to trade we might not pick
stocks when some criteria are not met. We pick 4-10 stocks
(longs and shorts) per week.
What
percentage of the capital should be allocated to each trade?
Depend
on the number of picks for the day, divide your DayTrading capital by the number
of picks.
Since DayTrading is a high risk high profit business, then you should allocate
only part of your total investment capital to Daytrading and not all of it.
How do I
cancel my subscription?
If you cancel
within the first 48 hours of the subscription there won't be any charges on your
credit card/pay pal account. You may cancel your recurring subscription at
anytime and your cancellation will take effect immediately. Cancellation must be
done through the third party companies (pay pal) where you
initially started your subscription. Pay pal users simply can login to your pay
pal account click on the link associated with our subscription and cancel. For
credit card users you should call
or
email us and we will take care of it for you.
How do
you calculate your performance?
We base our profit calculation on the
buy and sell signals that we send to our
members. The profit calculation has nothing to do with the high and low of the
day.
How long
do you hold your stocks?
You can
choose one of our three strategies depend on your trading personality. If you
are an active trader who can't (don't want to) hold a stock over night then you
can use our first or second strategy. On the other hand if you are more patient
then the same stock picks (because we also check the fundamentals of the picked
stocks) can be traded as a swing trade and should be held for about 1-2 days.
more details
Do you
trade every stock pick?
We manage a few "investment club accounts" with several members. According to
the status of the portfolios of those accounts, we play as many of our own stock
picks as possible. No one gets in before our members, and no one gets out before
our members.
Does
your system work in both bull and bear markets?
There are always opportunities for
DayTrading in the markets
both in long and short sides.
Do you
give exact entry and exit prices for the stocks you pick?
Yes, we do give exact signals of when to
Buy/Sell/Sell Short and Cover your
positions in our stock picks.
Our stock
picks will be posted before 9:00 a.m.
everyday, and if you can not have access to
your email or trading account during the day we can directly place the orders
with your broker through our auto trading service. Using our Auto Trading
Service you save time, eliminate emotions, and act quickly to our stock alerts,
Learn more.
For each stock we pick, Day Trading Stock Picks
sets a specific target price and
a stop-loss target.
At what
time do you usually post your stock-pick alerts?
Our
stock picks will be posted prior to the open everyday before 5:00 AM New
York Times or even sometimes on the night before. If you can not have
access to your email or trading account during the day we can directly place the
orders with your broker through our auto trading service. Using our Auto Trading
Service you save time, eliminate emotions, and act quickly to our stock alerts,
Learn more.
What are your
advantages over your competitors?
At Trade Like Pros., the only way for us to grow is to make your trading account grow
with us. Day Trading Stock Picks' business philosophy is to remain transparent
with customers and build long-lasting ties, which will enhance the financial
growth of everyone involved. Most importantly our track record is real and is
easy to emulate for individual investors.
Are your results based on real trading or
hypothetical?
They are
all actual trades after Sep 2006 an hypothetical results prior to that.
more
Does your system require a large investment of time?
Since we post our
stock pick alerts before the open, you need to check your e-mail around that time
or login to the members area to see the recommendations for the day. Then,
place your order according to the information on the e-mail. It’s that easy! With our stock-picking system, keeping up with your
investments takes just 10 minutes a day, and it’s as easy as checking your
e-mail. In order to save more time, increase performance , and eliminate
emotions from your trading you can use our Auto Trading Service,
Learn more.
What
techniques do you use to achieve your impressive results?
Our strategy combines technical, sector,
and even fundamental analysis, all in one
easy-to-use system.
How much
capital do I need to get started using your system?
We have had members who started with as little as $2,000.
On what
exchanges are your stock picks traded?
We cover stocks traded on the NASDAQ, NYSE, and AMEX. Although our picks are
traded on the U.S. exchanges, some stocks on these exchanges are foreign
companies.
Do I trade
with my own account, or do I need to open an account with you?
We present our members with trade signals; you should open your own brokerage
account to execute the trades. You can visit our partner websites and open an
account with them or even transfer your account. The advantage of working with
our partners is that we have integrated our system with them in a way that they
will auto trade our picks in your account,
Learn more.
If my buy
price is higher than your recommended price, should I adjust the stop level of my entry or just keep the same stop level?
Our stop-loss
targets are usually around 1.5%, and they are at a support level at which the
stock price should bounce back if its price drops. We would not recommend,
therefore, moving the stop loss.
