What is Day Trading?
There are a lot of different concepts of what day trading is. We define day trading as trading a few times per day in different stocks each time, and ending the day all cash. Day trading involves entering and exiting positions in the course of one trading day. The objective is to achieve smalls gains, which compounded over time, turn into large gains. The goal with day trading is to make trades that are basically good bets.
What is Swing Trading?
Swing trading is very simple. It is buying and selling (or shorting and covering) stock with a medium time frame in mind. A medium time frame is defined as two to ten days. We maintain the stock for a maximum of two days, what is different from day trading that buys stocks when the market opens and sells them when it closes on the same day.
Why Stock Trading?
Stock trading is the ideal profession on the internet. It allows anyone to buy and sell stocks on American stock exchanges with a personal computer from home using an internet connection no matter where in the world you happen to live. It allows to make money at your convenience.
How long does it take to subscribe?
The process is simple, you must fill an order with your credit card and then you will choose a user and password to get instant access to the member's page. If you send the payment by paypal, please send us an email with the reference order to info@dailyprofitsignals.com.
How does the Service work?
As a member, you will receive a daily signals email also posted in the member's page. These will be given in a prudent time before the opening of the market (9:30 PM EST) , so as to give you time to send your order to your broker. It can happen that in a certain day the system does not give its signal; therefore there won’t be any stocks to buy that day.
What is the system based on?
The system is based on a group of stocks. It selects a maximum of 4 stocks per day combining technical analysis with financial news. The system generates short and long positions. It is a 100% mechanical system. We don't use any kind of optimization or curve fitting in our system.
Are there any subjective criteria to select the “pick” every day?
No, it is a 100% mechanic process. There are no emotions or subjective decisions to select the stock pick every day.
How long do you hold the trade?
We offer you the chance to keep the stock for one or two days. You buy the stock when the market opens and you sell it when it closes on the same day or the following. You choose the most convenient system according to your portfolio.
Do you use a stop loss?
No, we don’t.
Do you short stock?
Yes, we trade long and short positions.
How do you calculate the YTD return?
We posted the sum of all trades. The return on your account will be the sum of all trades divided by the number of open trades and allocation. For example conservative members will want to assign a small portion of their accounts into each trade, while aggressive traders with access to leverage may want to maximize their returns using a higher portion of their accounts.
How much money do I need to start?
You only need an account that allows you to trade; you can consult a broker of your preference.
In what markets do you trade?
US markets only.
At what time are the signals sent to subscribers?
We send daily signals email also posted in the member's page with the new alerts 20 min (aprox) before the open market.
Do you send intra day alerts?
No, we just send a daily signals email also posted in the member's page.
Do you limit the amount of members?
Definitely, we will limit the amount of members so as to maintain the system unaltered. When we reach a certain number of members, we will stop accepting new ones and only if one of the exiting members should decide to retire shall we allow a new person to enter the system. We must maintain the system effective and profitable.
What kind of services do you offer your subscribers?
We offer 24 hour support to our members; our mail will help them clarify their doubts quickly. Please, do not doubt in consulting us.
How many picks are given per day?
We limit the number of our picks to a maximum of three per day. Of all the stocks we could choose from in a day, we select the three that most reflect our standards. This also permits you to access our system with a smaller amount of money.
How much time does it take to operate the system?
It is very simple; you only have to send your broker the order minutes before the market opens, later you must sell them at open market of following day of the touch price. You can make this process automatic with related functions like (MOO) market on open and (MOC) market on close; this service is offered by many brokers. Please consult.
Do you trade options or futures?
No, we don't.
Is there a trial membership?
We don't have free trial.
How do I cancel my membership?
Just send us an email with your user and password to cancel the service.
What kind of services do you offer your subscribers?We offer 24 hour support to our members; our mail will help you to clarify your doubts quickly. Please, do not doubt in consulting us.
