Some Thoughts on Self-Destructing E-Mini Trading Systems
I sometimes believe that I must be on every e-mini trading education program’s mailing list because my inbox is constantly filled with the “latest and greatest” new system being brought to the market; the problem is, the vast majority of these systems are just the same rehash of a new combination of lagging indicators and moving averages. To make matters worse, these e-mini trading programs are selling for thousands of dollars. As a member of the e-mini trading education community and a devoted e-mini scalper I can only shake my head in bewilderment.E-Mini Trading: Learn to Identify, Isolate and Interpret Variables and Watch Your Profit Soar
In an e-mini trading world riddled with outdated indicators and some truly bizarre trading methodology, beginning traders would benefit from recent advances in trading technology. If you have sampled any of my past articles, you know I am not a fan of lagging indicators as primary indicators for e-mini trade selection. In my world great trading arises from selecting influential real time variables and measuring those variables for decisions related to e-mini price movement.Trading the Markets Automatically Using Robots
The use of automatic systems or robots to navigate the markets is becoming increasingly popular. This article gives emphasis to their use in making trade decisions.
I have no shortage of potential e-mini traders who, for various job related reasons, would like to learn to supplement their retirement income by day trading. Most explain they plan to begin their training when they retire. With that thought in mind, there is going to be a serious time lapse between beginning the learning process and actually showing an actual profit.Do You Trade 3 Minute Charts? What’s the Correlation Between Time and Trading?
For years I have watched e-mini traders in sheer bewilderment as they preach price action then slap a 3-minute chart on the computer screen. My question is always the same; what does time have to do with e-mini trading if price action is the key to success? Of course I usually get a shrug and a comment like, “that’s how I learned to trade.”