After Two Years, I Can’t Seem to Make Any Money Trading the ES E-Mini!
As an individual who talks to a good number of e-mini traders throughout the course of the week it is not unusual for me to hear weary e-mini traders lament the fact that they cannot seem to make money trading the ES e-mini. Many of these traders take this statement a step further and claim they don’t know anyone who is actually consistently making money e-mini trading.Understanding The Concept Of Trading In Binary Options
No matter how simple a concept may be, there are still best practices one must follow to be successful. Trading in binary options need the right skill and knowledge.Lagging Indicators, Real-Time Indicators and E-Mini Trading
I’ve been writing quite a bit lately about the difference between lagging indicators and real-time indicators when trading e-mini contracts. It’s tough to classify any indicator as a real-time indicator has there is some lag in reporting the market data to any chart. For the sake of argument, we’ll refer to real-time indicators as indicators that do not aggregate historical information through an algorithm.
Sure, I always talk about patience, understanding and tolerance in all matters. But, in my opinion and reality, it is especially important in the up and down matters of finances. In reality, though, when all is said and done, everyone has the same luck ultimately when considering investing and money matters.The Toxic Culture of Oscillators/Indicators and Why Contribute to Your Failure As an E-Mini Trader
From the onset, let me make it clear that there is a time and place to use indicators/oscillators in your career as an e-mini trader. Having said that, I would also like to make it clear that I believe indicators and oscillators are misused and misapplied at an appalling rate, and the misapplication of these tools is a major cause for the skyrocketing failure rate among beginning e-mini traders.