For my Emini day trading, I use these 3 indicators on multiple time frames: 500, 1,500 and 4,500 tick charts. But if you get the trend direction wrong, making a profitable trade will seem like hard work, stressful and take forever. My 3 non-correlated indicators are all confirming the same thing by analyzing different information – price, volume and trade size. The entry and exit orders are for 100% of my position, as I don’t scale in or out of Emini day trades. No two traders have the same psychology, risk tolerance, trading capital, aptitude, dedication or interests.
This gives me high confidence that a trend change is approaching and an Emini day trade signal is setting up.
These days TradeStation is still the best choice for me – particularly because their data feed is in-built and simplifies life considerably.
Instead I use Interactive Brokers and their Trader Workstation application for order entry. I find the Emini too volatile to use trailing stops to capture the size of swings I’m looking for. The Emini market is just like the Colosseum in Rome – the pinnacle of the trading arenas. Start Making Money Today Fast Forex Results Fast Forex Result is a Video course which will give you full knowledge of how to trade in the Foreign Exchange Market.
Then work on your trading every day, slowly making fewer mistakes and becoming consistently profitable. If I see Amateurs (yellow bars) making new lows I know they’re trading a breakout that is likely to fail and reverse.
Como abrir una nueva cuenta en facebook|
Option trading system of stephen cooper