In today's episode of "Thoughts on Jason Bond Picks" we'll be looking at day trades.
Jason Bond is a swing trader. His service is primarily a swing trade alert service. That said, he does still facilitate a robust day trading program, though he leaves the running of it mostly to his head moderator Luke Murray. Day trades take place in a separate chat room just for day traders. Because of how dangerous day trading is (almost all traders end up losing their money) Jason Bond is very strict about who should day trade. He advises that only those who have truly mastered swing trading and have an account of $25k or more should try their hand at day trading. The goal in the day trading room is to hit $500 preferably by 11am and then call it quits. This allows for two things: a very lucrative lifestyle on the one hand and, on the other hand, it helps avoid the temptation to keep trading and "over trade" which usually results in traders losing what they gained. Just as with his swing trading strategy, it is this restrained, prudent, realistic goal oriented set of guidelines that makes him and his subscribers successful where other traders and trading communities fail.
We wrote about this at length in the new, updated review here.
Jason Bond is a swing trader. His service is primarily a swing trade alert service. That said, he does still facilitate a robust day trading program, though he leaves the running of it mostly to his head moderator Luke Murray. Day trades take place in a separate chat room just for day traders. Because of how dangerous day trading is (almost all traders end up losing their money) Jason Bond is very strict about who should day trade. He advises that only those who have truly mastered swing trading and have an account of $25k or more should try their hand at day trading. The goal in the day trading room is to hit $500 preferably by 11am and then call it quits. This allows for two things: a very lucrative lifestyle on the one hand and, on the other hand, it helps avoid the temptation to keep trading and "over trade" which usually results in traders losing what they gained. Just as with his swing trading strategy, it is this restrained, prudent, realistic goal oriented set of guidelines that makes him and his subscribers successful where other traders and trading communities fail.
We wrote about this at length in the new, updated review here.
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