Today was a nice one and done day! We had quite a few one and done trades, but only needed one to make our daily goal!!

Volume is picking up a bit, probably in anticipation of Friday’s payroll numbers. In any event we expect a slow week with the Easter holiday right around the corner.

When we started this video series, our goal was to illustrate that in any one day you can have a one and done, or you could lose and recover. We did not know what was going to happen as we record these live with real sp market action and on a live trading account. Folks, it simply doesn’t get any more real than this!

So far in the series we are basically even day trading our Emini system. We had a winning NSE in part 1. That was a great one and done trade. Remember trading for income!

In Part 2 we took a 1 point losing trade.

In Part 3 below we take an EET trade. The risk reward on this trade is good: Risking 4 to make 6. EET’s are a bit aggressive but still good trades and we use them all the time.

In part one of our Emini trading series: Day Trading For a Living. We are demonstrating our trading system in a real trading account. As we mentioned we recorded these just a few days ago so you can see our system work very recently.

Some people say that day trading is risky and it’s gambling. Well they are correct to a certain degree. If you do not have a proven set of rules and you simply take trades to take them, or you chase, you pretty much are gambling. If you have a good Emini system with rules to follow, and you follow them, not only is it NOT gambling but it’s a very lucrative business!

The ability to recover from losses is a day trader’s finest attribute! This is crucial! It’s also where a lot of people fail at day trading. Day trading the Emini markets is an incredible way to make a living. Trading, like everything else, has its positives and negatives.

Business owners do not go into business to sell products and services at a loss. If they do, they normally go out of business. Trading is a business. However it is not like any business in the “real world”. When trading is your business, you must take losing trades. In other words, you may buy something at one price and it depreciates in value and you sell it at a loss. If you do this more often than not, you too will go out of business as a day trader.

Another one and done day today! 3 in a row! It’s nice to make our daily income using our Emini system and doing so quickly. Volume is picking up a bit as we are testing 18 month highs so we look forward to some volatility and more action! With our day trading system, we on […]

Today was a quick day with 3 good potential one and done trades. The first trade was a NSE trade, one of 3 trading setups taught in our Emini system. A lot of students were filled on that trade. However it did move a bit quick and I actually missed the trade. Like yesterday, the […]

Well the House approved the new Health Care Bill late last night. Because of this we expect to see volume and volatility increase in the market place. As a day trader, volatility is a good thing! We love the action. Volatility gives us more one and done days as well as more trades to recover […]

Another great week using The Tick Trader’s Emini System. We had 3 “One and Done” days this week. We could have had 4 one and done days, and some students did. However we’re only counting 3. Not that it really matters. If you make your living as a day trader, sometimes you trade the Emini markets all day and some days you trade just a few short minutes.