Emini Trading : Navigating Choppy Markets!
“The Trend Is Your Friend” . You hear that ALL the time in trading! “….just follow the trend…” . There is obviously a lot of sense in that. But is it REALLY that easy? If the trend is up, go long, get rich? If the trend is down, go short, get rich?
NOPE!
Folks markets get CHOPPY! The trend followers will get beat up bad when the trend STOPS and the markets get choppy! This is why some trading systems, and some traders for that matter fail! When you day trade for a living you need to be able to follow a trend – it is important. However, you have to be able to PROFIT when the markets get choppy. Otherwise all your trend profits will get eaten up by the choppiness! That is the reality of day trading.
So, umm, you ask… what makes YOUR system so different?? Don’t you follow trends too???\
Well my trading system has some components that first identify choppy action and trending action. Mainly the NSE No Zone Rules, and the Long Term Filter Rules! When those rules are not in effect, we are following trends by trading NSE’s or Pullback trades. When the market gets choppy we move a little to the EET trades. BUT one of our biggest FRIENDS in my emini trading system is the Long Term Filter! The Long Term Filter combined with our No Zone rules and our 3 great setups really give you all that you need to trade successfully! Assuming of course that you are DISCIPLINED!
If you look at today’s video you will see that it looks like complete and utter CHAOS! Go ahead take a quick look. But guess what? To a trained Tick Trader – that makes perfect sense. Our Long Term Filter today kept us out of 3 bad signals in 15 minutes – that’s what the Long Term Filter does – it keeps you from taking losing trades. Is it a guarantee? Of course not, but let me tell you this – it is VERY consistent.
Video: Navigating Choppy Markets with The Tick Trader System
The Long Term Filter also serves another purpose, it can make a “normal” trade into a “high probability trade”. If for example we are long the NSE, and the LTF goes long as well, we have the ability to stay in the trade longer for more profit!
Back to today. In 15 minutes we had 6 or 7 straight winners because we use the Long Term Filter. If we did not have the LTF, we would have still made a profit as we had a one and done anyways, but if we kept trading (and we did) we would have had some losing trades!
Folks you need a good system that can identify choppy action and help you avoid losing trades!
That’s exactly what my Day Trading Course does. It’s not easy, it’s not for the faint at heart (no trading is) But if you are up to the challenge of learning how to day trade for INCOME then you need to check us out!
Review this weeks’ Webinar for sure! And look at today’s video!
If you are in threat of Hurricane Irene – we urge you to seek shelter, and please be safe. Because of Irene, we are extending our Promos out to Monday!
Cheers and try to enjoy the weekend!
David Marsh
www.EminiTradingStrategies.com
