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September 18, 2022 Weekly Emini S&P Market Rundown with Responsible Day Trading in Bogota!

Sep 19, 2022

Hello traders and friends! For this week’s rundown, I am coming to you from the lovely city of Bogota!  It has been a crazy busy and fun week so far and I’m looking forward to sharing what we’ve got with you today!

So, in today’s video, we talk a lot about understanding how to read a shift in the direction in the particular chart you may be looking. This really has to do with understanding the position of the price to the EMAs and the BBs (dots) to the zero line.  You may see that the bigger chart, like the daily chart may say down—while your smaller/trading charts say up.  This will help you to understand what to expect in the overall trend while still staying in tune with opportunities in the shorter trend.

Now while we may be expecting an overall of a move down, we still get moves that will push the market to the upside.  These are OPPORTUNITES and will be a wonderful way to take advantages of smaller pivots and pullback—plus it allows you to have a much smaller risk on the trade when you use the smaller charts.  The bigger the chart you choose to trade on, the bigger the risk you will have to use in order to have your risk behind an area where you “do not expect the market to go”. 

Also, in today’s video, we discussed the RDT Scholarship Program—which has just launched!  Every October, we take sort through hundreds of applications to choose 2 lucky winners to have the full VIP membership/mentorship for absolutely free!  This year, we also decided to take on 2 more students at the Start-Up level—meaning they will have full access to the curriculum and will also be able to start their journey to becoming a responsible day trader! 

If you want to find out more about how to apply, you can see the link to fill out the application in the video!  We’d love to hear about your journey and see if you’re the next scholarship winner!  Never traded? No problem—that doesn’t disqualify you because we take traders from A to Z.

 Alrighty folks!  I hope that everyone has an absolutely lovely week and as always, you know that I’m looking forward to catching YOU on the profitable side! 

From Bogota, with love!

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