Please visit our E-Mini Trading Course web site at www.Easy-Emini.com
Do you plan to win? Do you have a plan when you win? I understand how many, if not all traders have “the dream” of what to do with untold fortunes derived from trading E-Mini futures or any other investment vehicle. The Ferrari, the Aspen vacation house, the Rolex all come to mind, but what I am referring to is ideally a written plan should their futures trading produce a 10%, 20% or more return in a reasonable time.
Futures investors must have a downside plan but in my opinion most don’t know what to do when all their hard work, research and a pinch of luck get them into the black. Typically, they merely increase their trading or worse, change the way they trade! What if they set an alarm so that when their account grew to a certain realistic level, they took that money home and maybe diversified into another investment or perhaps applied it to some debt?
I think it is important to write this plan out. It can be a heady time when winnings roll in, if they do at all. If you don’t have a written plan I believe it is easy to be cavalier about the increasing fortunes in your E-Mini futures trading account and squander the hard earned profits.
Please visit our E-Mini Trading Course web site at www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors
A simple yet powerful home study course for E-Mini futures traders www.Easy-Emini.com
Wednesday, August 11, 2010
Tuesday, August 10, 2010
Mobile E-Mini Futures Quotes
Please visit the Easy-Emini.com web site to learn more about the Easy Emini Futures Day Trading Course
www.Easy-Emini.com
Want to get E-Mini (E Mini FAQ) and out futures quotes on your Smart Phone, PDA, Blackberry, or IPhone? In response to our client’s inquiries I surveyed the marketplace and found a service from Barchart.com to be one of the best. This completely free service (for delayed quotes) allows you to access futures, stocks, and forex with charts, quotes, and much more.
Here is the link to check this out for yourself: http://www.barchart.com/mobile/info.php
Please visit the Easy-Emini.com web site to learn more about the Easy Emini Futures Day Trading Course
www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors.
www.Easy-Emini.com
Want to get E-Mini (E Mini FAQ) and out futures quotes on your Smart Phone, PDA, Blackberry, or IPhone? In response to our client’s inquiries I surveyed the marketplace and found a service from Barchart.com to be one of the best. This completely free service (for delayed quotes) allows you to access futures, stocks, and forex with charts, quotes, and much more.
Here is the link to check this out for yourself: http://www.barchart.com/mobile/info.php
Please visit the Easy-Emini.com web site to learn more about the Easy Emini Futures Day Trading Course
www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors.
Friday, August 6, 2010
Thursday, August 5, 2010
What Economic Recovery?
Please visit our site and learn about the Easy Emini Futures Day Trading Course at www.Easy-Emini.com
Friday will bring in yet another Jobless Claims report and the ensuing rise or fall in the E Mini futures, stock market, et al. It appears as if the market is gearing for a negative report as stocks have been declining ahead of the report.
Pundits, writers, and analysts constantly put forth the notion that “investors are jittery as they look to determine if the economic recovery will be sustained.” The eternal optimism is great, but what about reality. My personal opinion is that if we simply look to unemployment as a barometer then we are in for more bad times before it gets better. I am not an economist, not am I a quant master. What I am is a business person who knows a good amount of other business professionals. Why does this matter? I follow my own index. Let’s call it the Scot Index. In the Scot Index, I evaluate the level of unemployment of college educated professional people in my circle of friends and business associates. Right now my Index is very near its lifetime high mark. Out of my closest circle of about fifty professionals/friends, I know of eight that are out of work. Some of these people have been out of work for over a year.
Is this a recovery? While you could make a case for being at the bottom and “we can only go up from here” mentality, I personally can’t embrace that thinking. I think we have more bad times ahead until the Scot Index vastly improves.
What can you do if the Scot Index is at low ebb? Focus on investing methods that can flourish in both up and down markets as opposed to trying to buy stocks or that are cheap, hoping for a recovery.
Please visit our site and learn about the Easy Emini Futures Day Trading Course at www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors
Friday will bring in yet another Jobless Claims report and the ensuing rise or fall in the E Mini futures, stock market, et al. It appears as if the market is gearing for a negative report as stocks have been declining ahead of the report.
Pundits, writers, and analysts constantly put forth the notion that “investors are jittery as they look to determine if the economic recovery will be sustained.” The eternal optimism is great, but what about reality. My personal opinion is that if we simply look to unemployment as a barometer then we are in for more bad times before it gets better. I am not an economist, not am I a quant master. What I am is a business person who knows a good amount of other business professionals. Why does this matter? I follow my own index. Let’s call it the Scot Index. In the Scot Index, I evaluate the level of unemployment of college educated professional people in my circle of friends and business associates. Right now my Index is very near its lifetime high mark. Out of my closest circle of about fifty professionals/friends, I know of eight that are out of work. Some of these people have been out of work for over a year.
Is this a recovery? While you could make a case for being at the bottom and “we can only go up from here” mentality, I personally can’t embrace that thinking. I think we have more bad times ahead until the Scot Index vastly improves.
What can you do if the Scot Index is at low ebb? Focus on investing methods that can flourish in both up and down markets as opposed to trying to buy stocks or that are cheap, hoping for a recovery.
Please visit our site and learn about the Easy Emini Futures Day Trading Course at www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors
Wednesday, August 4, 2010
Top E Mini Futures Blog Posts
Please visit our E Mini Futures Day Trading Course site at www.Easy-Emini.com.
As our readership and postings grow we can see where very popular posts get buried under more recent items. I thought you would enjoy seeing our ten most popular E Mini (E Mini FAQ) or other futures posts.
1. A Billion E Mini Trades?
A Billion E Mini Trades?
2. Investor Power through Education - The Manifesto
Investor Power through Education - The Manifesto
3. E Mini Futures FAQ
E Mini Futures FAQ
4. Gold Futures Versus Leveraged Metals
Gold Futures Versus Leveraged Metals
5. Simple Trading Tip with a Big Payoff
Simple Trading Tip with a Big Payoff
6. Futures Data (Real-Time, End-of-Day, Historical, and Delayed) Futures Data (Real-Time, End-of-Day, Historical, and Delayed)
7. E Mini Traders go Head-to-Head Learn What They Think E Mini Traders go Head-to-Head Learn What They Think
8. Easy-Emini Futures Course has Been Updated
Easy-Emini Futures Course has Been Updated
9. Using Volume to Improve your E Mini Trading
Using Volume to Improve your E Mini Trading
10. IPhone Apps for Futures Traders
IPhone Apps for Futures Traders
Please visit our E Mini Futures Day Trading Course site at www.Easy-Emini.com.
Futures trading involves substantial risk and is not suitable for all investors
As our readership and postings grow we can see where very popular posts get buried under more recent items. I thought you would enjoy seeing our ten most popular E Mini (E Mini FAQ) or other futures posts.
1. A Billion E Mini Trades?
A Billion E Mini Trades?
2. Investor Power through Education - The Manifesto
Investor Power through Education - The Manifesto
3. E Mini Futures FAQ
E Mini Futures FAQ
4. Gold Futures Versus Leveraged Metals
Gold Futures Versus Leveraged Metals
5. Simple Trading Tip with a Big Payoff
Simple Trading Tip with a Big Payoff
6. Futures Data (Real-Time, End-of-Day, Historical, and Delayed) Futures Data (Real-Time, End-of-Day, Historical, and Delayed)
7. E Mini Traders go Head-to-Head Learn What They Think E Mini Traders go Head-to-Head Learn What They Think
8. Easy-Emini Futures Course has Been Updated
Easy-Emini Futures Course has Been Updated
9. Using Volume to Improve your E Mini Trading
Using Volume to Improve your E Mini Trading
10. IPhone Apps for Futures Traders
IPhone Apps for Futures Traders
Please visit our E Mini Futures Day Trading Course site at www.Easy-Emini.com.
Futures trading involves substantial risk and is not suitable for all investors
Tuesday, August 3, 2010
10 Things You Can Do to Become a Better E Mini Futures Trader
Please visit our site and check out the Easy Emini Futures Day Trading Course: www.Easy-Emini.com
Guaranteed to be a better trader? Well, there are no guarantees; however below you will find ten things that in my opinion can only improve on your knowledge. If your knowledge quotient goes up, perhaps that puts you in a better position to become the E Mini futures trader you wish to become.
1. Read at least one thing each trading day about strategy. Learn about how a particular tool, method or strategy works. Do you have to apply each one? No! But learn as much as you can.
2. Build your investment book library.
3. What kind of trader do you wish to be (or already are)? Write it down. If you can’t identify your trading style or path it will be difficult to be successful. Be able to articulate this to anyone.
4. Focus on a sector or specific market. In my opinion, the Live Cattle futures trade differently than the E Mini S&P 500 futures. While it is possible to become knowledgeable about a diverse range of futures markets, if you are a new trader try to sharpen your focus.
5. Keep a trading journal. I have written about this before and I think it bears repeating. It is critical to keep track of your trading. Note the winners and the losers. What happened to cause each result?
6. Develop a method. If you can articulate why you entered or exited a futures trade then you probably should not have done the transaction to begin with.
7. Practice sound money management. Understand how much of your investment you are putting at risk. So many times I see clients come in and leverage the entire account for one trade. Its great if the trade works out, but if not you can be wiped out in a matter of minutes or days.
8. Get educated. There are countless courses out there that may improve your trading skills. Do they all work, no. Is it possible that there are some which may be in line with your trading style and current knowledge base, probably? Even the best and most experienced traders will tell you that they learn something new all the time.
9. Practice as much as possible. If you are working with a new strategy or technique, practice by paper trading. Don’t put up your investment capital to experiment with something new.
10. Have a positive attitude! Before you sit down to trade (or contemplate trading) focus on going in with a good, positive attitude. In a bad mood, not focused, distracted? Go for a walk, do anything but sit down and fork over your hard earned money.
Please visit our site and check out the Easy Emini Futures Day Trading Course: www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors
Guaranteed to be a better trader? Well, there are no guarantees; however below you will find ten things that in my opinion can only improve on your knowledge. If your knowledge quotient goes up, perhaps that puts you in a better position to become the E Mini futures trader you wish to become.
1. Read at least one thing each trading day about strategy. Learn about how a particular tool, method or strategy works. Do you have to apply each one? No! But learn as much as you can.
2. Build your investment book library.
3. What kind of trader do you wish to be (or already are)? Write it down. If you can’t identify your trading style or path it will be difficult to be successful. Be able to articulate this to anyone.
4. Focus on a sector or specific market. In my opinion, the Live Cattle futures trade differently than the E Mini S&P 500 futures. While it is possible to become knowledgeable about a diverse range of futures markets, if you are a new trader try to sharpen your focus.
5. Keep a trading journal. I have written about this before and I think it bears repeating. It is critical to keep track of your trading. Note the winners and the losers. What happened to cause each result?
6. Develop a method. If you can articulate why you entered or exited a futures trade then you probably should not have done the transaction to begin with.
7. Practice sound money management. Understand how much of your investment you are putting at risk. So many times I see clients come in and leverage the entire account for one trade. Its great if the trade works out, but if not you can be wiped out in a matter of minutes or days.
8. Get educated. There are countless courses out there that may improve your trading skills. Do they all work, no. Is it possible that there are some which may be in line with your trading style and current knowledge base, probably? Even the best and most experienced traders will tell you that they learn something new all the time.
9. Practice as much as possible. If you are working with a new strategy or technique, practice by paper trading. Don’t put up your investment capital to experiment with something new.
10. Have a positive attitude! Before you sit down to trade (or contemplate trading) focus on going in with a good, positive attitude. In a bad mood, not focused, distracted? Go for a walk, do anything but sit down and fork over your hard earned money.
Please visit our site and check out the Easy Emini Futures Day Trading Course: www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors
Monday, August 2, 2010
FAQ – Gold Futures
Please visit our E Mini Futures Day Trading Course at www.Easy-Emini.com
While much of our focus on this blog is E Mini stock index trading I know that there is a huge following for gold futures. To that end I thought I would supply you some assistance on getting your questions answered when it comes to trading gold futures. First, let’s start with the basics:
WHERE ARE GOLD FUTURES TRADED: COMEX Gold futures are traded on the COMEX division of the NYMEX under ticker symbol GC in U.S dollars and cents per troy ounce.
Its precious metals volume exceeds that of all other futures exchanges put together and it attracts world-wide participation, with many traders in Europe, the Middle East and East Asia remaining in their offices until COMEX closes. This gives COMEX unique liquidity, which in turn is much of the reason for its success. Trading hours reflect this and the exchange has opened progressively earlier to suit overseas clients.
WHAT ARE GOLD FUTURES TRADING HOURS: Trading hours futures and options: 8.20 am to 2.30 pm New York time.
After hours futures trading are also available on the NYMEX ACCESS SM electronic trading system, beginning at 4.00 pm on Monday to Thursday and concluding at 7.00 am the following day. On Sundays the electronic session begins at 7.00 pm. All times are New York time.
ARE THE NYMEX AND COMEX THE SAME THING: In 1994, COMEX merged with the New York Mercantile Exchange (NYMEX) and is officially the COMEX division of NYMEX, but it is always referred to as COMEX.
WHAT ARE THE CONTACT SPECIFICATIONS FOR GOLD FUTURE: COMEX Futures
• The COMEX gold futures contract was launched on 31 December 1974.
• The COMEX gold futures contract is based on 100 ounces of gold.
• Prices are quoted in multiples of ten cents per ounce, or $10 per contract.
• COMEX futures are listed on the current calendar month and the next two months and every February, April, June, August, October and December in a 23 month period.
• The June and December contracts are listed out to 60 months to provide expanded trading opportunities for hedgers and speculators.
• Last day of trading for a gold futures contract is the third last business day of the delivery month.
• Delivery is made in registered depository receipts issued by exchange-approved depositories in New York.
• Deliverable gold must be cast in one 100-ounce or three one kilo bars by an exchange-approved refiner and assayed at no less than 995 fineness.
• Turnover on the exchange is usually eight to nine million contracts annually, but in 1999 rose to 9.58 million.
• Open Interest is published daily. It indicates the number of contracts which have not been fulfilled, either by making or taking delivery or by liquidation. The level of open interest is an important signpost to both liquidity and the activity in a given trading month.
Please visit our E Mini Futures Day Trading Course at www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors
While much of our focus on this blog is E Mini stock index trading I know that there is a huge following for gold futures. To that end I thought I would supply you some assistance on getting your questions answered when it comes to trading gold futures. First, let’s start with the basics:
WHERE ARE GOLD FUTURES TRADED: COMEX Gold futures are traded on the COMEX division of the NYMEX under ticker symbol GC in U.S dollars and cents per troy ounce.
Its precious metals volume exceeds that of all other futures exchanges put together and it attracts world-wide participation, with many traders in Europe, the Middle East and East Asia remaining in their offices until COMEX closes. This gives COMEX unique liquidity, which in turn is much of the reason for its success. Trading hours reflect this and the exchange has opened progressively earlier to suit overseas clients.
WHAT ARE GOLD FUTURES TRADING HOURS: Trading hours futures and options: 8.20 am to 2.30 pm New York time.
After hours futures trading are also available on the NYMEX ACCESS SM electronic trading system, beginning at 4.00 pm on Monday to Thursday and concluding at 7.00 am the following day. On Sundays the electronic session begins at 7.00 pm. All times are New York time.
ARE THE NYMEX AND COMEX THE SAME THING: In 1994, COMEX merged with the New York Mercantile Exchange (NYMEX) and is officially the COMEX division of NYMEX, but it is always referred to as COMEX.
WHAT ARE THE CONTACT SPECIFICATIONS FOR GOLD FUTURE: COMEX Futures
• The COMEX gold futures contract was launched on 31 December 1974.
• The COMEX gold futures contract is based on 100 ounces of gold.
• Prices are quoted in multiples of ten cents per ounce, or $10 per contract.
• COMEX futures are listed on the current calendar month and the next two months and every February, April, June, August, October and December in a 23 month period.
• The June and December contracts are listed out to 60 months to provide expanded trading opportunities for hedgers and speculators.
• Last day of trading for a gold futures contract is the third last business day of the delivery month.
• Delivery is made in registered depository receipts issued by exchange-approved depositories in New York.
• Deliverable gold must be cast in one 100-ounce or three one kilo bars by an exchange-approved refiner and assayed at no less than 995 fineness.
• Turnover on the exchange is usually eight to nine million contracts annually, but in 1999 rose to 9.58 million.
• Open Interest is published daily. It indicates the number of contracts which have not been fulfilled, either by making or taking delivery or by liquidation. The level of open interest is an important signpost to both liquidity and the activity in a given trading month.
Please visit our E Mini Futures Day Trading Course at www.Easy-Emini.com
Futures trading involves substantial risk and is not suitable for all investors
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