ELITE TRADER, LLC also known as www.fastmoneytraders.com is the only day trading room that posts our daily wins and losses in a chart. No other day trading room is tracking and showing their day trading history. Luke has a proven history of helping our clients make money. You can also follow his trades after the fact on Twitter @EliteDayTraders
Here is our daily tracking chart: https://drive.google.com/drive/folders/13-v-tYF-lYI7i5WPp67tnPcYcQrZs-AN and click on Luke’s 2020 Performance vs Markets
We started 2020 with a $50,000 account and we rebalance every Friday. Some people ask why we start with only $50,000 and we feel this number best represents what is doable for most avid day traders who make their living by day trading. Of course, you can trade with more or less money, but keep in mind that under IRS rules you must have at least $25,000 in your account to avoid being a pattern day trader. There is an article about pattern day traders on our blog.
Our current balance is $166,304.42 and our year to date return is 232.61 percent! Our biggest winning day so far this year was $11,542.63 and our biggest losing day was $9,995.84. We have had many clients make over $60,000 a day in our day trading chatroom, of course they are trading with a $250,000 account.
There have been 176 trading days so far this year and we have had 159 winning days and 17 losing days. Our average money made per trading day is $660.82. As you can see, we are the real deal. There are no smoke and mirrors here. We do not rent out jets and take pictures to try to lure people in to our day trading room. A lot of research goes into our trades as well as experience. Luke is known as one of the top ten best day traders in the world and we have clients from a variety of countries that are in our day trading chatroom.
We offer monthly and quarterly subscriptions and you can cancel at any time. We do not offer free trials, as that keeps the riff raff out of our day trading chatrooms. We have clients that have been with us since day one as they see the value in what we have to offer. Luke is live on the mic 30 minutes prior to the bell ringing and throughout the day. He also do some pre-market trading and after market trading depending on what the stock market has to offer that day.
Disclaimer: The information provided in this article is as a service to investors. It is neither a legal interpretation or a statement of policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Stop Loss orders and Stop Limit orders may not be available through all brokerage firms. Investors should contact their broker to determine which orders are available for buying and selling stocks, and their broker’s specific policies regarding these types of orders. Each person’s potential earnings depend on a variety of things such as total investment, number of shares purchased and sold, time of purchase and sale, number of shares available, and your Broker’s rules and regulations.