The last few days using the Atlas Line have been quite profitable. The signals have been nearly-dead on. We’re not sure why John Paul uses the Bounce signals, as many of his other videos mention turning this feature off. Regardless, the Long and Shorts were very accurate. Using the NinjaTrader platform, John Paul scrolls through the most recent four days.
Basically, the rules of the Atlas Line are as follows:
When two closes occur above the plotted line, go long (a Long signal is also produced on the chart)
When two closes occur below the plotted line, go short (a Short signal is also produced on the chart)
Stay in the trade until one of the following occurs:
You make profit based on the ATR rules (use a period of four for the ATR)
You hit a prove-it stop (price closes above or below the Atlas Line once in the opposite direction from which you entered)
You hit a time-based stop (20 minutes or four candles on a 5-min chart)
You hit a catastrophic stop (also based on ATR)
As you can see, the rules for entering and exiting a trade are straightforward. They’re taught in detail in the live training that’s included with purchase.
Additionally, you are taught how to use the S and P symbols that appear on the chart – indicating entries for additional Strength and Pullback trades.
You will of course have losing trades. Many days are profitable, some are break-even, and a few are losses. The recent trades page provides a history of recent trades taken by John Paul.
Going a step beyond most day trading educators, John Paul from Day Trade to Win often trades live in his videos. Above is no exception, although even more unique because the trade was taken while training a student. For those unfamiliar with what is being shown, John is using NinjaTrader and trading the E-Mini (ES) with a 5-Minute time frame. His commercially available Atlas Line software provides a direction of whether you should long or short (buy or sell) the market. The Atlas Line is recognizable by its dashed line and brightly colored entry signals. There is more to the method than simply entries. John teaches stops and profit targets along with other unique entries exclusive to the software. Yes, the Atlas Line is a complete system of trading – ideal as a standalone method or to be coupled with another system for confirmation. The software is available for TradeStation and eSignal as well. John will teaches everything you need to know during the included live training session.
If you’re interested in the eight week Mentorship Program, the Atlas Line is included along with 10 other unique strategies to trade price. The goal of this comprehensive course is to take advantage of every high-probability trade setup while keeping an eye on risk. Becoming a professional day trader involves a great deal of experience and self-control. Get a head start on becoming a professional day trader.
This video shows a trader named Tony who switched from tape reading and technical analysis to trading based on price. He cites credit to his success so far (albeit in simulation mode) to Day Trade to Win’s eight week coaching program, Private Mentorship. As a student, Tony learned more than eight ways to trade price action. He prefers using a five-minute chart (also preferred by Tony’s teacher, John Paul) over the scalping methods. So far, Tony’s results have been very positive and plans to start trading live tomorrow. He says he has every indication that his success will continue with a live account. As we’ve noticed, NinjaTrader’s simulation mode usually accounts for the “feel” of triggering fills last, when in fact during live trading, fill rates seem to improve. When an experienced trader who has seen and tried it all finally finds something that works, it speaks volumes. To get the same education as Tony, you can become a Private Mentorship student for eight weeks or attend a webinar (usually conducted by Day Trade to Win on Thursday mornings). Changing your trading account / life around is likely a priority for the new year. As Tony has indicated, this live coaching program is a promising step in that direction.