E-Mini Trading: Displaying Price Data on Bar Charts – Which Method Is Best?
If you ask a group of 10 e-mini traders which type of bar they prefer on their trading charts you will find no shortage of strong opinions. Most traders were taught to trade on a specific type of bar, say a candlestick, and adjust to their trading to the art of reading candlestick charts. Generally speaking, once they have learned a specific system it is difficult to dislodge, especially if the e-mini trader has been having success with candlesticks.E-Mini Trading: Are You Gambling or Trading Consistently?
The success statistics in e-mini are just plain startling. The vast majority of e-mini traders are not consistently successful, and the ratio is not even close to positive.E-Mini Trading: Charts, Price Action, and Indicators
There are a wide variety of methods to trade e-mini contracts currently taught by trading educators. Some are good, some are not very effective. From time to time I get some very talented traders visiting my trading room and they all have one common characteristic; they understand e-mini charts and price action, and don’t rely upon oscillators, moving averages, and indicators.
It’s not unusual to see pieces written that enumerate important points in the field of e-mini trading. Many intimate that there may be 3 or 4 key skills that will put a new trader well on his way to trading success. Generally speaking, the articles are well written and the points are valid. On the other hand, I would like to point out that they are a wide variety of skills that must be thoroughly learned in order to trade profitably.The Ever Changing World of Share Trading
The stocks and shares market is not for the feeble hearted. If you are entering the market for the first time, then it would be a good idea to take a backseat and observes the experts at work.