Support and Resistance Basics for E-Mini Trading, Part 2
I recently wrote an article on the subject of support and resistance (SAR) that was published and have received an unusually high number of inquiries on the subject. First of all, let me say unequivocally that the mother lode of trading proficiency lies in identifying SAR and understanding how to trade these lines. In my mind, there is nothing more to trading than understanding the structure and context in which the e-mini contract is trading; most important in understanding the structure of the market is to identify where real support and real resistance can be found.What Do You Know About Correlated Markets and E-Mini Trading?
One of the best tools that e-mini traders possess is the ability to look at correlated markets and profit from them. I should point out, at this point, that there is no 100% correlation between 2 given markets, but many markets are related to each other and can be useful and determining future price movement on the contract you are trading.What Is Binary Options Trading?
Learning About Binary Options Trading – A Binary Option is a way of investing on an asset price that has only two closing positions. A good investment can be made if the closing position is forecast accurately.Support and Resistance Basics for E-Mini Trading
Support and Resistance (SAR) is generally considered one of the cornerstones of technical analysis. In my personal trading, I assign SAR levels the highest level of scrutiny because most of the really good trades I have executed originate by judging the direction of the market price at SAR levels. Of course, this all sounds great but determining these significant price levels and determining their importance, relative to other SAR lines, is truly the meat and potatoes of learning to trade e-minis.The Market Is Always Right and You Are Always Wrong, Period
I like to watch people behave in a variety of situations. I have noticed the vast majority of people (traders), but not all, have an intense desire to be “right “and are very uncomfortable with the notion that they could be wrong. Now let’s flash to e-mini trading, most traders understand that any trade, successful or unsuccessful, is a function of probability.How “Being Smart” Almost Killed My Trading Career
If you want to trade long term and avoid unnecessary mistakes, learn from the ones that I did. Your trading will be much more easier.5 Crucial Lessons About Successful Trading
This article is about 5 of the most important things I’ve learned about successful trading, being an independent full-time trader for over 11 years and a fully automated trader for about 7 years. I find all these lessons very important and, in my opinion, no trader should ignore them on their road to success.Binary Options Trading Strategies
A Binary Options trading strategy is the best armor a trader can possess to foil the obstacles present in this industry. With options trading being such a volatile industry, learn how to you can use these options trading strategies and benefits from them.Noise, Misinterpreted Signals, and Faulty Correlations: The Bane of the E-Mini Trading Day Trader
I’m a lucky guy; I get to trade with a wide range of traders who possess varying degrees of trading skill and different levels of money management acumen. By definition, this mix of e- mini traders gives me a wide range of exposure to some great trading techniques and some techniques that border on the bizarre.Lagging Indicators and the Problem of Overfitting and Underfitting Data to Support Dodgy Ideas
Technical trading is a multifaceted and oftentimes confusing set of rules and oscillators/indicators that miraculously help you arrive at a proper e-mini trading conclusion. From the onset let me say that there are certain aspects of technical trading that are both helpful and extremely accurate; with that being said, there are other aspects of technical trading that are simply laughable. Yet novice traders, oftentimes at the beckoning of their e- mini trading educators, continue to use these indicators which empirical research has repeatedly shown that their usefulness is nil.What Are the Benefits of Binary Options Trading?
Binary Options trading has always been portrayed as an horrible concept. However, for once its positive effect will be considered and detailed so that future and existing traders also could also be aware of the benefits associated to this type of trading.Should I Learn to E-Mini Trade Through an Educational Course, a DIY Book, Or a Trading Room?
I don’t think I would be exaggerating in saying that I answer the question posed in the title at least once a day, if not more. There is no doubt that a successful individual in e-mini trading enjoys the kind of freedom most hourly workers would envy. But there’s of small problem that must be overcome before a trader can enjoy consistent and profitable trading; you have to learn how to trade e-minis and the market, as it stands, is a bit dodgy.