Emini Trading: The Streak Continues! May 19, 2011
Our one and done streak is continuing! We’ll see if we can hit another one tomorrow! The markets seem to be heating up, the VIX is also gaining a little bit of ground. Of course emini day traders, like myself absolutely love the volatility as it means more movement – basically with higher volatility our NSE percentages not only go UP, but the price movement moves farther – allowing for more profitable trading day, think more than 1 point per day. And easier recovery days!
ProTrader has not done so well. I’ll post charts up later tomorrow but the last 2 trades – 1 full boat loser, and a marginal winner. It’s a long term strategy so we’ll just let it run!
Cheers!
David Marsh
ETS
