Friday, April 22, 2011

Big 3 of profitable Emini trading

Why is it that most trading books and courses that you have come across are full of advice such as "you need to have a winning attitude...", "it is important to get in touch with your inner self..." psychological mumbo jumbo. It is because their authors either are not willing to share their strategies, or they don't know how to properly convey their strategies to the reader.
If you are trying to start a trading career you are probably trying to find out what is it that separates the minority of traders that are making consistent profits from the vast majority that is consistently losing or struggling just to break even. Do winning traders have some special talent...? Do they have some inside knowledge that is not available to others...? Is it that they have a positive winning attitude...? ...a better computer and software?

It's none of the above!

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Let's have a look at the figures below.

emini trading 1        emini trading 2

These are 1-minute candlestick charts for S&P-500 E-mini contracts for two different trading days covering periods from 930am to 12pm. You can observe that horizontal lines are representing major support and resistance areas. What would you say if you were told that these lines were drawn before the start of these two trading days? That's right. Successful traders know where the major support and resistance areas will be located before the start of regular trading hours.

CLICK HERE TO PURCHASE


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