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March 21, 2013 at 11:39 PM Tweets - $850 Per Contract Potential In Last 24 Hours
The big deal here is not that I can spot a trade, tweet it out, and you can trade it for a profit. The big deal is that we are willing to teach you how to spot the trade yourself for a very nominal fee.
If you're like most eMini Traders, you've already spent somewhere between $5k and $25k on
March 20, 2013 at 8:08 PM emini futures, emini podcast March 12, 2013 at 11:02 PM Price action was constrained nicely between the 1548/49 Weekly Zone on the upside and the 1542/1543 Zone on the downside. In a recent post Live Trading Room - Best Week Ever! we discussed what an important role our Weekly Trading Zones play in our overall trade strategy.
On the charts below you will see 4 well defined legs, each with 5 points of potential from Zone to Zone. Picture if you will, a caged animal pacing back and forth waiting for an opportunity to break and run. You will hear this referred to as "consolidation" or "coiling", others will call it a range, I suppose everyone can be right on this one.
The case for the Bull Run which we discussed in The Biggest Triple Top In Trading History gained even more credibility in the eyes of some today as perma-bear Richard Russell issued a "Buy the Dow" recommendation to his subscribers. Just when we thought it couldn't get any stranger... it did.
dtpro, emini futures, gold, weekly trading zones March 11, 2013 at 5:38 PM It's certainly a dilemma for many. Let's review the options, but first let's rid ourselves of one option straight away -
That is not an acceptable solution, therefore we won't even discuss it. It always astonishes me to see advertisments that encourge would be traders to do exactly that. If you already have a job, that's an incredible ace in the hole. While others are under extreme pressure to make their daytrading venture payoff immediately, which is a sure fire way not to succeed, you have the luxury of learning the skills necessary to carry you through in an orderly manner as you transition into your new career.
March 6, 2013 at 6:21 PM Tuesday the Dow broke through to new all time highs. Until Tuesday, no one has ever been able to buy or sell the Dow Emini Futures (YM) @ 14270. No doubt corks were popping somewhere, but I believe most of the world realizes this is by no means a measure of how great things are. We've climbed a wall of worry to get here, using bad news as our stepping stones all the way to the top... now what?
My guess is we still need to see the S&P 500 put in historic new highs as well. The fact that the Dow arrived on the scene so much sooner than the S&P is a bit surprising. Once the S&P clears the top, then we can move on to the "What now?" scenario. Most of us remember the last time we put in new highs, it got pretty ugly, pretty quick. Back away from the chart just a bit and take a look at the Triple Top on a weekly or monthly chart. In fact, have a look at this one -
February 26, 2013 at 5:04 PM 
You are about to embark on the part of the journey that will ultimately make or break you as an Emini Trader. Many traders want to skip right over the simulator so they can make it "real". Those traders either humble down eventually and do the right thing, or they cease to call themselves traders.
If you are moving from Stocks or Options into Emini Futures, you may only need 2-3 weeks in Sim. If you are brand new to trading, it will take you at least a week to learn the mechanics. Once you have mechanics down, expect to spend 6 weeks to 6 months. You must be consistently profitable in Sim before you go live.
emini futures, live trading, simulator February 21, 2013 at 6:59 PM emini futures, emini podcast February 20, 2013 at 9:43 PM Don't say you aren't, because you know you are. It's who we are. It's in our DNA.
In fact, it's the primary reason the statistics for "would be" traders, are so brutal. With all the looking, there's no time left to focus on trading. In all honesty, your basic platform has everything you need to make a living. Unfortunately, you've been told those "old school" tools just won't cut it in today's hi-tech high frequency arena. I'm sorry, you've been lied to.
Do we have custom, proprietary tools? Yes we do. Do I believe they do a better job than those that came with your platform? I do. However, that doesn't change the definitive statement I made in the first paragraph. I'm just being honest with you. "Refreshing" you say? Excellent!
February 20, 2013 at 7:30 PM emini futures, emini podcast February 17, 2013 at 1:47 PM
A Simple Method for Trading
Our goal is defined, realistic and measurable. The method we use in the Live Trading Room simply takes advantage of what the market makes available. It has nothing to do with how clever we are. We're not prophets or poets, we're stevedores, longshoremen, factory workers. It's not glamorous, but the checks clear the bank.
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