Emini Day Trading Course / Results 2/17/2010
First day in awhile that we did not have a “One and Done” Day. We opened up coming out of “No Zone” so we really like the NSE that follows, as it is a higher probability setup. Of course I teach this rule and several more in my online day trading school.
Well that trade was a loser. I reversed and lost again. So I was down 10 ticks. We went back into No Zone, So I made the EET trade anticipating the NSE, as it’s a higher probability trade.
Now stop for a moment. The first trade of the day was a NSE trade coming out of No Zone – a high probability trade, that lost! Just because it loses does not mean we change the rules and do something different!
Moving on – I like the EET coming out of No Zone as if the NSE does occur, I typically have 4+ ticks already in the “bank” and I have the opportunity for more. Well I made 9 ticks on that trade. In fact I had 2 No Zone EET’s today for 9 ticks!
All said and done, within 1 hour of the opening bell, I recovered and made my daily income goal day trading the Emini s&p.
Here is a video of a Pullback trade and an EET trade. Both trades are valid but they are in opposite directions. Sometimes, our rules tell us to take one or the other. Sometimes they are simply both valid. 70 % of the times they are both valid – they both win 🙂
Here’s a video example of just that.
Enjoy the day and feel free to contact us if you have any questions about our day trading system.
Cheers!
ETS
