E-Mini Trading: Practical Usage of the Directional Movement Indicator
For inexplicable reasons, e-mini traders, especially those who trade in the scalping style like me, go to great lengths in defining and identifying a trending market. For swing trading, longer-term trend identification is essential. However, as e-mini scalpers, I am primarily interested in trends (or directional movement in the market) that are shorter-term in nature.E-Mini Trading and Developing a Quantitative Journal
Traders that keep track of their performance do so in a variety of ways. In one sense, I applaud all traders who journal their trading experience. For traders who do not keep track of their trades other than through their account statements, I encourage you to consider starting a trading diary. It is my belief that the most important method for improving your trading is through quantitative analysis of your performance.Does Your E-Mini Trading Room Have a Positive Atmosphere?
Can you imagine trying to e-mini trade in the middle of a Bruce Springsteen concert? While it may be remotely possible, I don’t believe that I, personally, could trade under such chaotic conditions.
You might be surprised to learn that I did not learn to trade on charts. In a Proprietary Shop (prop shop) you are taught to trade using DOM-like indicators that show, in real time, how orders are flowing into the market. For sure, you have an exact view of whether the market is being dominated by buying or selling.Ways to Improve Your Stock Trading Skills in Real Trading World
Trading in the stock market can make you very lucrative profits and it can be very risky of you do not have a proper trading plan. Therefore, in order to minimize the trading risk and make you the most earning from the stock market, you have to take some actions into consideration before you start your stock trading in real trading world.