Futures Emini Day Trading Results for 3/21/2011
For the most part, we had a 2 minute emini trading day! We opened up and we had a quick EET signal for a quick 4 ticks and then another LONG EET signal for 4 more ticks! Some missed the trade and caught a Pullback Trade. Some had the first NSE out of NO Zone, a higher probability emini trade that lost, but reversed and recovered on the next trade! So for the most part “one and done” Some had some losing trades and were down 12 – 14 ticks and still recovered and made a point profit within the first hour of trading!
Why do results vary? Simple, we trade off of TICK DATA. Tick Data travels from the exchange, through various backbones, routers, over to your PC! So there really is no way of having the same chart across the board! We actually spoke to 2 major data vendors and both convinced us that Tick Data simply varies.
Does it make a big difference in my day trading system? Sometimes, but not enough to worry about. Sometimes it means you take a trade that wins while others miss it. Really it all washes out in the end and probably 90 percent of the time we all get the same trade anyways – still worth noting.
In any event enjoy today’s video!!
Cheers!
ETS
