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 system – just let us know!
Cheers!
ETS