Showing posts with label Emini. Show all posts
Showing posts with label Emini. Show all posts

Friday, June 12, 2009

Trading The Emini? Here's How To Shortcut The 3 Year Learning Curve

Understanding technical analysis and candlestick chart patterns on the Emini can give us very reliable signals for trade entries and exits, and take a lot of the guess work out of trading the Emini futures market. It is very hard to argue which way the trend is heading if the index is making a series of higher tops and bottoms on our chart and the candles are all green. Buying the index in these circumstances is like getting carried up an escalator...it's an easy trade when you go with the flow.

Unfortunately, many people fight the trend and sell (or worse, go short) at every small down tick, thinking they have picked the top, only to see the Emini rise further immediately. By the time the buyers are finished, these traders have spent their monetary and psychological capital in a futile attempt to pick the top of the market.

Becoming proficient at technical analysis and determining the trend of the market can give us the inside running as traders, but it can take years of study and trial and error to become good enough at it to become successful. Does TA work all the time? Of course not, nothing does. Losses on some trades are inevitable, as we cannot know for sure what the market will do. All our analysis can do is alert us to probabilities - there are no certainties in financial markets.

This is the hardest thing for most traders to accept. We all hate to be wrong, but that is the nature of the business. All we can do is take every trade our system gives us and see what happens. The better our analysis and our system, the more likely our trades will produce profits. And in addition to TA skills, you need patience, discipline and emotional control to become a successful Emini trader.

Typically, as traders we must find or develop and perfect a trading system or set of analysis tools that we are comfortable with, based on what we learn from other traders, learning from our (often expensive) mistakes, taking courses and other forms of study.

But what if you could short-cut the learning curve and become a profitable Emini trader as soon as today? What if you could 'borrow' a successful trader's system and immediately implement it for yourself? Instead of spending your time learning to trade, you could actually be trading profitably almost immediately.

The solution is to find an advisory or trading alert service that tells you when to buy, where to put your stop loss order, and when to sell. Now the signals the service gives you have to be reliable of course, but when you find one that helps you to make consistent profits trading the Emini, all you have to do is stick with it and you have saved yourself countless hours of study and analysis (and probably years of painful, expensive trial and error). This is time you can better spend enjoying the lifestyle that becoming a profitable trader gives you.

Let's face it; most of us don't trade the market just because we enjoy the rush. We want the money, the lifestyle and the time freedom it gives us. Working from home (or anywhere else for that matter) for a few hours a day, taking days off when we want to, no boss to answer to.

Trading the Emini market for a living is the ultimate lifestyle business. Well as long as you are making money it is... If you're not, it's a nightmare. You can see the potential, but the learning curve and time it sucks up can take a huge chunk of your life.

For my money, it makes sense to let somebody else spend the hundreds of hours and thousands of dollars required to learn to trade profitably, and then hitch a ride on their coat tails. All I have to do is invest a small percentage of my ongoing profits to access the service, and I get to keep ALL the rest. This is something you should consider testing if you are not making the kind of returns you know are possible trading the Emini S&P, the Emini Dow, the Emini Russell or Emini Nasdaq markets.

Joining a profitable Emini trading advisory service, one that gives you reliable technical analysis entry and exit signals, will save you countless hours of study (and many sleepless nights) as you grapple with learning to trade profitably yourself. Something to think about?

How To Shortcut The Emini Trading Learning Curve By Three Years Or More

I'm an observer. I watch Emini traders come and go, I watch them start their trading careers with great enthusiasm, spend a fortune on learning this business, and a lot of the time, watch them blow up and give the game away frustrated without ever knowing why.

Hot topics, Emini trading systems and trends come along regularly. There's always a new 'in' thing making an appearance on the trader's radar screen. And whenever there's a new rage, there will be traders who jump on the bandwagon.

But the fact is that many of these trading system 'revelations' are nothing more than over-hyped garbage designed to separate gullible traders from their cash. Systems that sound great in theory, but don't work in the real world. What happens when this new system doesn't work as advertised? People begin to lose interest and look for the next big thing. And so the cycle continues.

Marketers selling their Emini trading systems continue to roll out their latest and greatest 'must have' tools and methods for beating the market, and all the poor souls who are looking for something to help them improve their trading results, pile on board hoping that finally 'this is the one'.

Normally it's not 'the one' at all, so the promoters give a few refunds to those who actually tried to use it and failed, and everyone else just puts the whole sad episode down to experience. There is a never-ending stream of trading products and courses to buy. The bottomline is that you might never stop spending money on useless training if you try to learn to trade the Emini yourself.

But - What if could shortcut this expensive, difficult to master, extremely time consuming 'learning to trade' experience altogether and start trading the Emini market profitably right now, as soon as tomorrow?
Well you can, and it's a very simple thing to do. By subscribing to a Trading Alert Service that gives you high probability buy and sell signals, you completely remove the need to spend a fortune on trial and error and untold years of your valuable time on learning to trade.

You simply borrow the proven system of somebody who's worked out how to trade the Emini market profitably, and follow the signals you are given. Of course, there are good Alert Services and there are bad ones, so what should you look for when making a decision on which one to register for?

1. Look for a service run by trader who has been in the market for a long period of time who still actually trades the Emini market. You wouldn't believe the number of people selling trading services who have been so beat up by the market that they haven't traded in years. If the guy who runs the service is actually making the calls live in the market for you, that's even better.

2. Make sure you can access a free trial of the service so you can 'road test' the alerts and the atmosphere of the Trading Room before you commit to it. If they won't give you a trial, run, don't walk, away with your credit card safely in your wallet.

3. Spend your time during your free trial period testing the validity of the trading calls and make sure they are profitable before you commit to becoming a member of the system. If you don't find that the system produces a profit for you (whether you paper traded the alerts during your trial or traded them for real), it's unlikely that it will afterwards either. Beware the "Oh, this was just a bad week" story some people will spin you.

By finding a Trading Alert Service that produces consistently profitable trades, you will save your most valuable resource - your time, and likely thousands of dollars in losses as you try to work it all out for yourself.