Winning Edge
Day Trading Signals
Frequently Asked Questions

  
 Day Trading Signals Performance for April 2008
 

 Trades Winning Losing break-even Net Profit
58 38 16 4 $38,700.00

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Frequently Asked Questions For Winning Edge Day Trading Signals  

1. What should my account size be to trade your Day Trading Signals on the S&P Big?

2. What should my account size be in order to trade your Day Trading Signals on the E-Mini?

3. What is your draw down for Day Trading Signals?

4. How do I get my Day Trading Signals?

5. Do I place the Day Trading trades as a MIT or as a LIMIT to my broker?


6. Can we trade both Day Trading Signals and Swing Trading Signals for E-Mini?

7. Do you advise about the target profit and protective stop?

8. On your example you show a sell of 1194.20/1195.20 at which price do I place my order at?

9. According to your sample you have only 2 signals for trading but sometimes there are 3 or more trades?

10. Do you accept managed accounts and are you willing to trade on our behalf?


1. What must my account size be to trade your Day Trading Signals on the S&P Big?

    To trade Day Trading Signals a typical Day Trading Big S&P margin should be
enough which is about $10,000 to $15,000. Since the protective stops we utilize in
our Day Trading Signals are just about 2 points per trade therefore you should not
experience a maximum of 1,500 for 6 points in a single day.

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2. What should my account size be in order to trade your Day Trading Signals on the E-Mini?

   
To trade on the E-mini you should have an account size for about $3,000.

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3. What is your draw down for Day Trading Signals?

   The web page for Day Trading Signals provides two signals, a buy and a sell. There is also a possibility that in a day we may trade a signal (Key Point) up to 2 or 3 times.   Therefore, a logical maximum draw down would be 3 (trades) X 2 (signals) X 2 (points for protective stops) equal to 12 points.  However, according to past performance of Day Trading Signals the maximum draw down per day has been 3-4 points.

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4. How do I get my Day Trading Signals?

    Day Trading signals could be obtained by accessing the web site with your user id and password every day just few minutes after market opens at 9:30 AM EST. For a sample signal click here. Winning Edge Day Trading Sample Signal .  Each e-mail provides a buy and sell signal and is accompanied by a protective stop and an initial profit target.

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5. Do I place the Day Trading trades as a MIT or as a LIMIT to my broker?

    The Day Trading Signal should be executed as market orders. However a subscriber may place them as Limit order or MIT (Market If Touched). By doing so one may need to
adjust his protective stop accordingly. Some more information about this has been provided in the General Guidelines

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6. Can we trade both Day Trading Signals and Swing Trading Signals for E-Mini?

    Yes both Day and Swing Trading Signals may be traded for E-Mini.

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7. Do you advise about the target profit and protective stop?

    As posted on the sample of Day Trading Signals we usually place 2 point stops from our entry price level. We also identify initial profit targets in our Day Trading Signals
E-mail.  Click here to see the Winning Edge Day Trading Sample Signal

Please note that we do not necessarily exit our trade at the projected initial profit target. After entering the trade, we exit our trades according to the General Guidelines for a maximum profit.

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8. On your example you show a sell of 1194.20/1195.20 at which price do I place my order at?

    As the market hits the lowerr number in the sell signal, we place or order. To increase your performance, you look for confirmation before placing your order. The General Guidelines provide some means of confirmations. We could also provide you a proprietary indicator for confirmation too. Note that the posted performance does not consider any confirmations for the signals. However you may place a Limit or MIT order as well but one should note that the performance of the Winning Edge Day Trading Signals are not based on Limit order.

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9. According to your sample you have only 2 signals for trading but sometimes there are 3 or more trades?

    Subscribers may trade a buy or sell signal more than once as long as the buy or sell Key Point has not been violated. Therefore for a buy signal we may have 2 long trades. We may have bought once than exited with profits. Then when the market reaches the key point we buy again. Detailed information has been provided in the General Guidelines for subscribers.

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10. Do you accept managed accounts and are you willing to trade on our behalf?

     No. We will not accept managed accounts and we will not trade on a student's or subscriber's behalf.

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     Ready to sign up for the Winning Edge S&P Day Trading Signals?  Click here on Getting Started.

               

 

 

Copyright © 1998 National Trading Group, Inc. and © Ned Gandevani, Ph D, 2001, All rights are reserved. Winning Edge Strategies ™ Trading Personality Profile™ are registered trade marks for Dr. Ned Gandevani's system and products.