There is one school of thought that says if you develop a good system and follow it religiously, you’ll find day trading success.

Another school of thought believes the only way to make money in the markets is by developing trading understanding and feel.

So which idea is correct?

It’s our belief that the answer is BOTH.

Huh??

We strongly believe one of the most important keys to successful trading is the ability to COMBINE the best of both worlds…to combine the "art" and the "science" of trading.

The fact is, most successful traders FIRST understand HOW and WHY the market does what it does. They have an understanding and a framework from which they view market behavior.

From that, they gain a strong edge on the likely direction of the market.

Then, and only then, they utilize some form of trackable, repeatable, mechanical trade entry technique to get into the market in that direction.

It’s a subtle point, but the ramifications are once again huge.

It’s all about having an edge and then INCREASING THAT EDGE.

Imagine if you had an edge on a mechanical trade setup because it’s based on sound market logic and an understanding of the real-time auction process (not lagging technical analysis).

Now imagine if you had a strong handle (an edge) on the next likely market direction.

That is a VERY powerful combination. And as you hopefully know, if you have an edge, you can make it in this business.

That’s the idea we subscribe to and that’s the idea we teach:

   1) Have an edge when considering the next likely market direction
   2) Have an edge with logic-based mechanical trade setups
   3) Combine
   4) Finally become a successful day trader

For more updates from Dave, visit the eMiniDayTrader blog at eMiniDayTrader.com