Members' Area
This area does not yet contain any content.
Emini Futures Trading Blog
Members Area
Live Emini Training Room
Christian Financial Radio Network
Emini Broadcast Listen Live

 

Live Market Commentary


Every Trading Day 12-2pm Eastern

To view our charts and participate
in the live discussion

Click Here

 

 

 

Compatible Trading Platforms

 

Christian Financial Radio Network BBB Business Review

 

 

 

What happens in your E-Mini Live Trading Room?

For traders seeking hands-on instruction in a virtual classroom, we offer the CFRN Live emini trading room. CFRN wraps all of its proprietary trading systems, indicators, and methodology into this unique educational environment.

live market commentary, real-time application of the CFRN Proprietary Indicators, and trade signals in real-time.
Ask questions and learn the most important trading lesson of all: WHEN, HOW, and WHY you should get in or out of a trade.

 

This show is so good because it not only talks about the markets , which we all are enthralled with, but also about finding out about ourselves and how it relates not only to our trading, but maybe even more important about how we see ouselves in the world we live in and how from the knowledge we take from this show can make ourselves a better human being in our life here on earth--I'll say it one more time"MAN I LOVE THIS SHOW"-thanks guys

- R.H. Canada

More testimonials ...



Follow Us
« Introducing The Emini Pop Up Chat For Traders | Main | Coaches Corner - Habits And Patterns | Episode #7 »
Monday
Feb042013

Benefits Of Trading Emini Futures - Part 2

(QQQ)(DIA)(SPY)(GLD)(SLV)

 

The Benefits Of Trading Emini Futures - Part 2

 

 

We covered a lot of ground in the first article. Let's recap what we've discussed so far:



  • Liquidity is never a problem


  • No $25K minimum account balance for daytraders


  • Margins as low as $500 intra-day


  • 100% electronic means no front running, pump and dump or other shenanigans


  • Taxes are based on the 60/40 split given to commodity traders

 

 

If you missed Part 1, you can read it here. For me, what I've already listed is more than enough reason to move from Stocks to Emini Futures, but wait... there's more!



  • Commissions - also known as the cost of doing business. When I first started trading stocks through a flesh and blood broker, the average commission on a trade was $100-$200 to get in and a % of the profits to get out. The commission on the last equity position I closed out through a traditional brokerage firm was in excess of $3k. True story... Times have changed and with discount brokerage firms you will pay substantially less to trade stocks if you are a self-directed trader. Unfortunately, you do get what you pay for. No help, no advice and no shoulder to cry on. We use Daniels Trading exclusively for our Emini Futures Trading. Not only do we enjoy extremely competitive rates ($6-$7) per round turn, we also benefit from Burt and Leslie's many years of experience. They're not just brokers, they also trade. When you call in, you aren't sent to a phone room in another country, Burt or Leslie will answer the phone, on most days by the 3rd ring. You receive over 25 years of combined trading experience at a price that makes turning a daily profit, a little less daunting. If you trade 1 Emini Contract and make 2 points, that's $100. Subtract your transaction cost ($7) and you're left with $93.00. If you trade in size you might even qualify for a reduced rate. One thing you'll never get, is reduced service. This part of the equation puts you far ahead of every stock trader on Wall Street.


  • Spread - The difference between the Bid and the Ask is called "the spread". With Emini Futures you will rarely see a spread larger than 1 tick during normal trading hours. 1 tick is the smallest increment that any market trades in.


  • Research - There is none. No homework, no analyzing 50 different companies and 100's of charts every night to figure out where you might have some opportunity tomorrow. When you trade the Emini, you are trading the best of breed stocks lumped together. When you go long the ES you are buying 500 stocks at once (for $500 intraday). The folks who put the indices together have already done the heavy lifting. S&P, Dow, Russell, Nasdaq... these companies are the best of the best, that's why they are in the index. You simple apply your technical and/or fundamental prowess to determine if the next move is up or down. Your wife (or girlfriend) is going to love this. Your kids might even start to recognize you in a crowded room, like when you show up for their birthday party.


  • Options - We've given the stock traders a hard time throughout this article, but what about the option traders? There's a tough job. Right? They have to deal with the underlying price, the strike price, volatility and time decay. Time what? Exactly! As an Emini Futures Trader you're only concerned with one thing - Will the market go up or down? Period! However, for those who are truly gluttons for punishment, you can trade Options on Futures. Here's the good news - Burt is an Option Savant. If you really want to go down that road, he can place and manage the trades for you. That service will obviously cost more than $7, but believe me, it's well worth it.


  • Selling - Selling stocks often has a negative connotation. Some consider it un-American. Some have turned it into a criminal enterprise - Naked Short Selling, and on occasion the government simply says "Don't do it" as was the case with financial stocks not too long ago. There's also things to worry about like the up-tick rule. When you "go short" in the Emini Futures, there's no restrictions, no bans and no stigma. As Emini Day Traders, volatility is our greatest friend. If it's a trend down day and we have to wait for the market to move up before we can go short, half the magic is gone from our equation. As an Emini Futures Trader, you'll never deal with any of those headaches. If the market is tanking, catch a ride. When it starts to rally, change buses. I never said it was easy, but it could be that simple.

 

 

Turns out we need a Part 3 to finish this up. Stay tuned, there's more to come...

 

Emini Tweets And Other Stuff

 

Euro 6E Tweet - 111 Pip Drop

 

DOW YM Tweet - 99 Point DropDOW YM Tweet - 99 Point Drop

 

DOW YM - CFRN Weekly Trading ZoneDOW YM - CFRN Weekly Trading Zone

 

S&P500 ES - Weekly Trading ZoneS&P500 ES - Weekly Trading Zone

 

As opportunities unfold we'll keep you posted.

 

 

Trading's Not Easy - But It Can Be Simple!









Questions?

 

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 415-857-5654

Connect with us: Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

Please leave a review on iTunes

 

5 DAY FREE TRIAL




 

 

Emini Podcast for Monday 02/04/13

References (2)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
    Response: tarot del amor
    Benefits Of Trading Emini Futures - Part 2 - emini news blog - Emini Trading
  • Response
    Benefits Of Trading Emini Futures - Part 2 - emini news blog - Emini Trading

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>