Emini Tick Trader Weekly Video Update
Just when you think the volatility will go down: Bammm, up it goes again! Another wild morning and another 5 points of ES points in just under 30 minutes today! Was there more profit the rest of the day? YES! However, we’re quite happy with the One and Done and the few extra points available so I stopped trading by 10 AM and am now ready to enjoy the weekend!
Let’s be honest. With the current volatility and these huge swings, its kinda hard not to make money in this market, right? Not really! The Tick Trader System IS making a lot of money, however I’ve had a lot of emails from YOU the viewer of your current system not fairing to well! Why is that? Well I honestly don’t know. There are a lot of trading systems out there and I don’t really follow them. I do know that anyone can “develop” a trading system that works short term. As the market conditions change, and they ALWAYS change, the system’s performance begins to deteriorate.
Rewind back to when the VIX was down at 18. Tick Trader’s were making their daily income. Maybe the trades were not as fast as they are now, but still making income day in and day out. Fast forward to this week where the VIX is up at 45-ish. We’re still making a daily income and a lot of traders are making much, much more!
So when you are reviewing and checking out trading systems be sure the system works in ALL market conditions!
Enjoy the weekend — and feel free to email anytime!
Cheers
ETS
The Tick Trader Weekly Update August 19, 2011
