Day Trading the E-mini Futures

[Day Trading the E-mini Futures]

There wasn't much more for me to include. Tim pretty much summed it up in the post above mine.

 

We've also found there to be advantageous times of the day to trade. If a trade fits our criteria than we will take it regardless of TOD although most of our ES trading is done during the day session.

 

 

trademini500

[Cost of One E-mini S&P 500 Contract?]

That amount required to trade ES contracts will depend on your brokerage, but yes you should be able to trade at least 1 ES contract with an account containing $10,000 in cash.

[Day Trading the E-mini Futures]

Agreed. We only trade when our setups present themselves.

[Which One Trading Rule Has Saved You the Most Money?]

2 trading rules have saved me the most money:

 

1) Only trade when the edge is present

2) Once the edge is present, stick to the trading plan

[What Do You Trade, and Why?]

I trade index and commodity futures because they fit my personality and those are the instruments I've found an edge in trading. Rarely, I will trade stocks and options when the edge is present, but the majority of my trading is dedicated to futures.

 

ES Trading Room

[Need to Display Multiple Charts Simultaneously]

Interactive Brokers and TradeStation let you open as many charts at a time as your want.

[Does Anyone Truly Make a Living Solely Trading the E-minis???]

Do you consider The CL, GC or NG an emini? I trade with limited risk and make about 2K a day. You can easily make a living as a trader. Now, I don't make 2K every day, some Break Even, some 1K, but when I get my trades early I am done and move on with my life.

 

This is one of the biggest pieces to remaining a successful trader and making it as a full-time trader. I've seen too many traders make 5k+ in the morning and give it all back by the end of the day because they believe they are in sync with the market or know what the market is going to do next.

 

 

 

 

 

 

Moderated Message:

LINK DELETED

[Why the S&P E-Mini Stinks]

It's all about personality. The ES fits some traders' personalities and doesn't fit the personality of other traders. Someone else mentioned they went from ES to CL and the transition worked perfectly for them. I know traders who have gone from the YM to the ES and haven't looked back, some who have gone from the ES to NQ or TF and have found success.

 

Everyone trades to make money not to continuously lose money. If the ES didn't work for me then I would leave my ego at the door and 1) find another instrument to trade or 2) develop strategies that work for trading the ES with proven results.

[Algo / Quant Strategies for Stock Index Futures]

There are numerous index future algo/quant strategies to be used depending upon specifically what futures contract you're interested in, risk/reward, etc. We specialize in algo/quant strategies for various futures products.

 

http://www.tradeemini500.com

[Stop Losses: Help or Hindrance?]

I always trade with a stop. I believe there has to be a point where you admit you were wrong on this particular trade/idea and you move on to the next trade. Where you put your stop is another story/another post, but I couldn't imagine trading without a stop loss.