1. Redemption Day Daryl “Nash” Morse
My office before March 7, 2015

2. I’ve traded for years with varying success, but then, I fell into the “Valley of Despair.” I locked myself in my office at home for three weeks and went over 500 of my last trades. When I came out on March 7, 2015…. I’ve been killing it every day.

3. I discovered that an upward trend on the 60 minute chart was a 94% winner. Rule: Win huge when you are right. Lose small when you are wrong.

4. The money is in the long runs on the big boy stocks…
The money is in the long runs on the big boy stocks…. “Based on the 5 and 60, what is this stock likely to do in the next few hours?”

5. Show Me the Money
To succeed big in trading ($10,000 plus a day or more) one must get the big picture, that 30,000 foot view and take trades that have the ability to move $3 and more.
1. Watch the trend on the 5! 2. Concentrate on the 3, Initially, the “out” is half the previous (3 or 5) candle.
4. Then, watch for a break in trend for the out. 5. Watch the big boy stocks. That’s where the big quan is.

6. On moves up, exit on 50% of the previous 5 minute candle
On moves up, exit on 50% of the previous 5 minute candle. Stay in the moment. I cannot talk about anything other than the trade when trading. I am in PTC (present time consciousness) while trading. I talk myself through the trades each time. “The DJIA is going up, the volume is still good, the sixty and five are good, there’s blue sky on the daily, etc.”

7. When a trade works the way you suspected, add shares along the way
When a trade works the way you suspected, add shares along the way. Send your soldiers into battle a platoon at a time. I usually start with 300 shares, and begin adding in 300 share increments.