Knight Capital Management

New Day Trading Video: eMini S&P for $650 on every 2 contracts

2009-11-13T12:29:00.002-05:00

www.KnightCapitalManagement.com/trial.htm

Good Trading,

David "Tiger" Knight

Tuesday Day Trading: 4th Time is the Charm ...

2009-11-10T15:16:00.002-05:00

Click on chart for a larger image of the Crude Oil (CL) trade.

Here is an example of attempting a trade 3 times, and not winning. The 4th time the market rolled over allowing for a very nice gain on the trading day.

By the way, this is taking the assumption that you are trading multiple contracts here. If you were trading one contract you would have sustained a loss on the trading day, albeit a small one, but still a loss on the trading day.

Good Trading,

David "Tiger" Knight

Monday Day Trading: Nice eMini S&P (ES) Trade for $650 on 2 Contracts

2009-11-09T15:40:00.003-05:00

Click on chart for a larger image of the eMini S&P (ES) trade.

Good Trading,

David "Tiger" Knight

Our thoughts and prayers go out to Fort Hood

2009-11-06T16:10:00.002-05:00

Our thoughts and prayers go out to members of the Fort Hood Army Base. Our sympathies are extended to you and yours.

God Bless,

David "Tiger" Knight

Friday Day Trading: ES 5 Min Bar Chart Trade

2009-11-06T12:32:00.002-05:00

Click on chart for a larger image of the eMini S&P (ES) trade.

Entry 1065
Exit 1068

2nd contract exit was a little above breakeven.

Good Trading,

David "Tiger" Knight

Monday Day Trading: Good Trade at 10:15AM in Crude Oil Today

2009-11-02T12:08:00.004-05:00

Click on chart for a larger image of the Crude Oil (CL) long trade at 10:15AM Eastern time today.

Good Trading,

David "Tiger" Knight

Wednesday Day Trading: eMini S&P (ES) $500 on every 2 contracts

2009-10-28T16:02:00.001-04:00

Nice afternoon trade in the eMini S&P (ES) market.

Short for $500 on every 2 contracts.

Good Trading,

David "Tiger" Knight

Wednesday Day Trading: Crude Oil Short for $900 on 2 Contracts

2009-10-28T11:35:00.003-04:00

Click on chart for a larger image of the Crude Oil (CL) short trade.

Good Trading,

David "Tiger" Knight

Have you been in our trading room? This is a trade that we caught today.

www.KnightCapitalManagement.com/trial.htm

Monday Day Trading: eMini S&P Long and Short Today

2009-10-26T17:20:00.002-04:00

Click on chart for a larger image of the eMini S&P (ES) trade.

www.KnightCapitalManagement.com

Good Trading,

David "Tiger" Knight

Monday Day Trading: Nice Corn Short Today for $750 on 2 Contracts

2009-10-26T12:38:00.003-04:00

Click on chart for a larger image of the Corn Trade (ZC).

Good Trading,

David "Tiger" Knight

Wednesday Day Trading: Nice trading opportunity in the eMini S&P

2009-10-21T12:31:00.001-04:00

Click on chart for a larger image of the eMini S&P (ES) trade.

Good Trading,

David "Tiger" Knight

Tuesday Day Trading: Nice trade in Crude Oil today

2009-10-20T13:00:00.003-04:00

Click on the chart for a larger image of the Crude Oil (CL) trade today.

Good Trading,

David "Tiger" Knight

Secret to Success in Battle and Trading

2009-10-16T13:33:00.003-04:00

"Always mystify, mislead, and surprise the enemy, if possible; and when you strike and overcome him, never let up in the pursuit so long as your men have strength to follow; for an army routed, if hotly pursued, becomes panic-stricken, and can then be destroyed by half their number. The other rule is, never fight against heavy odds, if by any possible maneuvering you can hurl your own force on only a part, and that part the weakest part, of your enemy and crush it. Such tactics will win every time, and a small army may thus destroy a large one in detail and repeated victory will make it invincible."

-- T.J. Jackson

Thursday Day Trading: Crude Oil so close, but NO Cigar

2009-10-15T16:33:00.002-04:00

Click on chart for a larger image of the Crude Oil trade considered today.

Here is a perfect example of having an awesome signal, and no followthru at time of the trade. This trade went on later in the day to touch it's trendline, bounce off then go on to target and upper target respectively.

Sometimes, you just can't get a break as a trader seems like, but discipline, patience, and self-control will keep you in the game. Don't get discouraged when in your trading week, that you finish the week in the LOSS column.

This is bound to happen in your trading career. Nothing and I mean nothing goes straight up without coming back down ... following sound money management techniques then the valley will not bring you all the way back down before you start your next ascension!

Good Trading,

David "Tiger" Knight

Wednesday Day Trading: It's OK to get out at Breakeven!

2009-10-14T11:41:00.004-04:00

Click on chart for a larger image of the eMini S&P (ES) market.

Some days as a trader simply don't work out, and your best trade of the day will be a BREAKEVEN trade. This is the nature of the business that we are in. Although, you can continue to take the best possible trade setups, they simply will not work out in a given trading day.

Today is a perfect example of trading your plan, and the market simply not having any followthru. Should it have went and made you money today?

That really is the wrong attitude to bring to a trading day. What you are trying to accomplish on each and every trading day is to be the best trader that you can be. By remaining DISCISPLINED, PATIENT, and under SELF-Control at all times.

These days do happen when the best trade simply is the breakeven trade, and your remaining trades turn out not to be winners. The key is to stick to your trading plan, work your way through your losing streak. Decrease in account size, if you plan calls for you to do that, and continue to plug away.

If you happen to have a castatropic day that you lose your discipline, etc. Then the best course of action in this case is self preservation. If you blow your trading account out in one trading day, then you will not be ready for the trading day where everything goes right, and makes this day a distant memory.

In summary, my advice is to always stick to your trading plan. Remember the trading rule. Plan Your Trade, and Trade Your Plan in that order. If you have your trading plan down, then the rest will follow. Sure you will have "losing" trading days, but if you remain disciplined during the drawdown period, then this will make you a stronger trader in the days, months, and years ahead.

It has been said that trading is a MARATHON and not a SPRINT. So don't trade one day like a sprint when you should continue to keep your longer term goals in mind. Yes, you will have setbacks, and drawdowns. Get use to it!! Or find another business to go into ... trading has been said to be a zero sum game ...

What makes the difference as traders is the key word DISCIPLINE! Discipline in following your trading plan, and continuing to perservere. Don't give up, and DON'T allow ONE DAY to blow your trading account!

As Annie says, "the sun will come out tomorrow."

Good Trading,

David "Tiger" Knight

www.KnightCapitalManagement.com

Tarzan and Jane Joke

2009-10-10T22:54:00.002-04:00

When Jane initially met Tarzan in the jungle, she was attracted to him, and during her questions about his life , she asked him how he had sex?

"Tarzan not know sex." he replied. Jane explained to him what sex was.

Tarzan said "Oh,....Tarzan use knot hole in trunk of tree."

Horrified Jane said, "Tarzan you have it all wrong, but I will show you how to do it properly."

She took off her clothing and lay down on the ground.. "Here" she said, pointing to her privates, "you must put it in here."

Tarzan removed his loin cloth, showing Jane his considerable manhood, stepped closer to her and kicked her in the crotch !

Jane rolled around in agony for what seemed like an eternity.

Eventually she managed to gasp for air and screamed "What did you do that for?"

Tarzan replied, "Check for squirrel."

Another Good Trade in Crude Oil

2009-10-08T12:43:00.003-04:00

Click on chart for a larger image of the Crude Oil (CL) market trade.

Sometimes, BIAS gets in the way, and then the nice TRENDING trades come along, that you kick yourself in the BU Double T about not taking full advantage of what the market is giving you on a trading day.

Occasionally, even experienced seasoned traders fall into the BIAS trap ... and today it happened to me. Although, we were able to be more than positive on the week. We left some profits that could have been ours on the table in our trading.

Oh yes, in hindsight, you are always correct. But in the heat of the battle, and your blood and adrenlin is running, it can be difficult to get your head around what exactly is going on.

This is where your skill set of Discipline, Patience, and Self-Control will WIN the day for you more times than not, in your day trading routine. In any case, what a couple of awesome trades in Gold and Crude Oil today.

Good Trading,

David "Tiger" Knight

Nice Trade in Gold Today

2009-10-08T12:41:00.003-04:00

Click on chart for a larger image of the Gold (GC) Trade.

www.KnightCapitalManagement.com

Good Trading,

David "Tiger" Knight

Crude Oil Day Trading Video

2009-10-06T16:04:00.001-04:00

www.KnightCapitalManagement.com

Good Trading,

David "Tiger" Knight

Tuesday Day Trading: eMini S&P Long at 9:35AM

2009-10-06T14:39:00.003-04:00

Click on chart for a larger image of the eMini S&P (ES) market. 5 minute bar chart.

Good Trading,

David "Tiger" Knight

eMini S&P Daily Trade update plus Long eMini Day Trade

2009-10-05T17:27:00.003-04:00

Click on chart for a larger image of the eMini S&P day trade. 3 point target with a 2 point stop today in the afternoon.

Nice trade up to the Upper Average Daily Range.

The eMini S&P Daily Bar Chart trade is still short from 1073.50 ... current stop on trade is one point off entry at 1072.50. Target for 3rd contract remains at 1001.50.

Knight Capital Management has finally switched servers and is once again operational. We will be working on our "methods" during the month of October now. We are looking to launch the SSM, and the eMini Bull Bear this month.

Crude Oil method is a possibility this month. Regardless, we have our live trading room open, and the 10 day free trial is still going on. Stop on in at your earliest convenience.

Good Trading,

David "Tiger" Knight

Crude Oil Short at Major Support Today

2009-09-24T20:52:00.003-04:00

Click on image of the trade for a larger picture of the Crude Oil trade taken today.

This one was all set to make us $1,400 on every 2 contracts traded today, but the retracement took us out at our 1st contract exit today for a total on the trade of $800.00 on every 2 contracts traded.

All trades were discussed in our live trading chat room prior to the movement. We look forward to seeing you in the trading room soon!

www.KnightCapitalManagement.com

Good Trading,

David "Tiger" Knight

P.S. I will be sending out an email update, and a blog post tomorrow being Friday to update on the progress of our trading projects, and overall trading. So if you are not a subscriber, then please find time to subscribe soon.

Gold is Glittering again on the Short Side

2009-09-24T20:50:00.003-04:00

Click on chart for a larger image of the Gold Trade (GC) taken today. Although, we were only able to take away $1,000 on every 2 Contracts traded. This was an awesome short trade to stay in all the way back down to the $1,000 Gold mark today.

Good Trading,

David "Tiger" Knight

eMini S&P Daily Trade Update (Reentry)

2009-09-24T20:46:00.005-04:00

One week early, but the reentry trade on the 5 minute or the 15 minute time frame after the FOMC announcement gave an excellent opportunity to put this trade in the ES back on this week.

2/3rds of the contracts are now off at 28 points a piece or an exit at 1045.5 for $1,400.00 on every contract.

The last third is set to be removed currently on the retest at 1001.50 going for the 1000 mark in the eMini S&P. This can be reached quickly so keep your eyes on this trade. Our stop on the last contract is one point below our entry of 1073.5 or at 1072.5.

Good Trading,

David "Tiger" Knight

FOMC RED REPORT Trade in ZN

2009-09-23T21:39:00.003-04:00

Click on image of chart for a larger view of the trading opportunity in the ZN today.

Good Trading,

David "Tiger" Knight