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Emini Trading Results for October 14, 2009

Today the low volume continued. We have FOMC minutes coming out –so I would guess a lot of traders are waiting on the minutes to be released. It’s also the beginning of earnings season.

In any event – we are day traders so we day trade! Our trading system did very well today. The EET strategy had 2 back to back winners. Some students only trade one of our three strategies.

I actually had a losing trade (-5) followed by a 5 tick recovery, another loser (-3) followed by a 4 tick recovery, a 3 tick trade ( I thought that was enough!) but I had to take another winner as the last 3 tick trade wasn’t enough before commissions to make my daily profit..

So I am finished by 10:15 AM eastern time – nice income, quick day 🙂

Some of my students have already reported + 3 – 5 points today using my Chop Money Methods!

If you have any questions about our trading concepts, or would like to learn more about our day trading systemjust let us know!

Cheers!

ETS

 

This entry was posted on Wednesday, October 14th, 2009 at 5:42 pm and is filed under Daily Trading.
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