27th January 2012
In the world of trading, experts sputter about Donchian Channels, obscure oscillators and indicators are named in a manner in which I can scarcely pronounce. Make no mistake about it; there is an e-mini chart pattern and indicator wrapped into a neat pac...
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20th December 2011
Upon close examination, e-mini traders find that price action falls into two broad categories. The majority of the time the market is range bound or forming a continuation channel. At other times, however, the market breaks out of these continuation chann...
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14th December 2011
From the onset, let me admit that e-mini trading requires a broad and varied skill set; therefore, identifying a single attribute that is the prime contributor for successful in trading paints a wide swath. Having watched a large sample of traders my tra...
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13th December 2011
If you have traded for any period of time, you start noticing where other e-mini traders are setting up to take trades. Sometimes I am very impressed with the positioning some traders utilize to enter trades; sometimes not so much. Of course, in my person...
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13th December 2011
Whenever we, as a country, find ourselves in trying times the “doom and gloom” crowd comes out of the woodwork. I remember my first exposure to this phenomenon came back in the late 1980’s when an author whose name I have long since forgotten wrote a book...
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06th December 2011
The failure rate of new e-mini traders is disturbing. According to various sources, 90% of all new traders are out of the market within 3 months, their trading account balances exhausted. There can be little doubt that e-mini trading presents a challengi...
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06th December 2011
There is certainly no lack of verbiage in the day trading forums about unhappy and unprofitable experiences with a variety of trading educators. I think, by and large, that this sort of frank discussion is good for our business. There are a number of very...
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05th December 2011
I wrote an article last week on when the time is right to transition from part-time to full-time e-mini trading. It was a brief article, and as I thought about the topic further I decided that I had more to say about the transitioning process. One thing I...
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29th November 2011
There is a tendency among traders, both new and experienced, to overestimate their predictive abilities as they relate to e-mini futures contracts. Over trading and trading too many contracts are common characteristics of the hard charging e-mini trader; ...
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23rd November 2011
Hi David,
Hello, hope your well, quick questions on your ES trading, may I ask how big are your stops? And are your targets? do you use range bars? what times do you trade? what is
your max loss of a single day?
All this will help me determine if i...
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22nd November 2011
The past three years have been a trying time for a notable portion of the United States citizenry. As a country, we have muddled through TARP, quantitative easing, real estate short sales, QE2 and a load of other bail out anachronisms in hopes of solving ...
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21st November 2011
I have no doubt that I will irritate a legion of aspiring Forex traders by writing this article. First and foremost, I should state that I am an e-mini trader though I have spent a considerable amount of time trading Forex. In theory, Forex ought to be th...
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15th November 2011
You don’t have to have been trading too long to realize that a good portion of daily price action is random in nature. Having said that, why would a serious e-mini trader base his or her trading philosophy on a non-random measure? Because casual observa...
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15th November 2011
There are a group of individual "traders" who trade for long periods of time on an e-mini trading simulator. I often come across these individuals in my trading room, and find they have been trading on a simulator for more than a year. Surprisingly, thi...
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14th November 2011
The last week provided a significant increase in market volatility. Anytime you, as an e-mini trader, notice a rapid change in market conditions it requires a bit of rethinking about the way you intend to trade in the new trading environment. If you are...
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