Due to the leverage in trading ES futures you can blow
your trading account unless your a very good trader.The big
advantage with futures you can trade the after hour markets and it
make trading commodities more accurately.
I also like very short term options(weekly) where you have a
defined risk and leverage but you need to paper trade first with a
high winner vs. loser ratio before you go with real money.
Follow what Steve and Matt teach in the newsletters and the
videos to increase your winning trades, its helped me to have 80%
of my trades as winners and cut my losses on the other 20%.
Nearly a 60 point range
Posted by steve on 2nd of Oct 2015 at 04:06 pm
Nearly a 60 point range today on ES (1883-1942.75)
Wow. $300,000 on that 100
Posted by rmoore100 on 2nd of Oct 2015 at 06:18 pm
Wow. $300,000 on that 100 contract ES trade Not bad for a partial day' s work. 😀
how many contracts did you
Posted by a12404 on 2nd of Oct 2015 at 09:12 pm
how many contracts did you buy
congrats
rick
Steve rode 100 ES contracts
Posted by matt on 2nd of Oct 2015 at 04:19 pm
Steve rode 100 ES contracts on that 60 point move! he is now retiring. here's the updated view on that Inv H&S
stocks vs. ES contracts
Posted by prvtii on 2nd of Oct 2015 at 08:09 pm
why are we trading stocks if ES contracts are so lucrative?
Trading ES futures vs.stocks
Posted by panaprop on 3rd of Oct 2015 at 10:09 am
Due to the leverage in trading ES futures you can blow your trading account unless your a very good trader.The big advantage with futures you can trade the after hour markets and it make trading commodities more accurately.
I also like very short term options(weekly) where you have a defined risk and leverage but you need to paper trade first with a high winner vs. loser ratio before you go with real money.
Follow what Steve and Matt teach in the newsletters and the videos to increase your winning trades, its helped me to have 80% of my trades as winners and cut my losses on the other 20%.
Good Luck
ES Inverse H&S
Posted by DK on 2nd of Oct 2015 at 04:50 pm
Matt, typically will ES come down to test the neckline and before moving up to achieve a potential measured move?
Thought this was a good
Posted by a_l_ on 2nd of Oct 2015 at 04:27 pm
Thought this was a good one from Zerohedge - the charity is shorts giving until it hurts...