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Emini Trading Results this week!

It’s been difficult to do a day trading video over the past few weeks as we have been tying up etsProTrader Automated Strategy. Now that we have that released I plan on doing more videos! We are having an awesome week! One and Done emini trades everyday thus far!

In today’s video I talk a bit in depth about the Pullback & EET trading strategies. Today both trades were valid, and both were winners. Sometimes our rules dictate which one you can take or cannot take. But today, the rules made them both valid. The question is, “which one do I take?”. In this instance, NEITHER – we already had our daily profit. Putting that aside, it really comes down to Risk vs. Reward. The EET is a counter trend trade, thus more aggressive. You also have less risk on the EET trade. The Pullback trade is trend following, if even on a micro level, but has more risk.

Both trades give you the opportunity for more profit, if our long term filter changes direction into the direction of that trade. So is it a crapshoot? NO! It’s not. And it never should be! Some students like the aggressive EET’s, I like the EETs as well. Some like the Pullbacks. In either case 70 percent of the time they both win! If we are not in the 70 percent of the time where they both win, one loses and needs to recover and one of them wins. The trader that took the losing trades simply needs to follow the rules to recover AND profit!

That’s it! So enjoy the video and be on the lookout for the ProTrader Webinar Announcement SOON!

Cheers!
ETS

Emini Trading Strategies Results!!

 

This entry was posted on Thursday, February 3rd, 2011 at 5:19 pm and is filed under Daily Trading.
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