30 September 2008
Day Trading the S&P500 Emini Futures 55 Points 9-30-08
Posted by admin under: Ultimate Workouts .
The book tells you exactly how to day trade the S&P500 futures. Day Trading the Eminis is as easy knowing to be a shorter or buyer all day then knowing the exact bar to enter, place stop and trail stop in the eminis. So many traders cut there winners short and let there losers run. The key to day trading the futures market is having a good risk to reward. So many losing traders use a 2-3 point stop and have a profit objective of 2-3 points. In the end these trades will lose due to the risk to reward. With a good risk to reward you know if the setup is not going to work out then stop out at a small loss. However, if you have a winner on the books then let in run as far as possible. Also, so many traders counter-trend the market. With this system you will always be with the intraday tone of the market which if 50% of the game. Then knowing to pull the trigger with a type stop and a trailing creates a winning combination in daytrading the s&p futures market. Technical analysis at its best.
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