SFMc01
358 posts
msg #83561
- Ignore SFMc01 |
11/28/2009 11:16:44 AM
There seems to be a number of reasons for me to want to know more about trading e-minis. However, I really do not have any experience in doing so.
I have been taught that I should learn as much as I can before risking money in a new area. Respectfully, would anyone experienced with e-minis have any suggestions as to materials I should read or instructional material to review in order to become more knowledgeable in trading these?
Thank you.
Steve McCormick
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luc1grunt
622 posts
msg #83566
- Ignore luc1grunt |
11/28/2009 5:19:20 PM
Steve, PM a few folks on elitetrader dot com that participate in the "ES Journal" thread. They can get you pointed in the right direction. I am about to drop stocks altogether as my ES trading is now on par with the 2x and 3x stocks I apply my strategies to. Paper trade your strategies through IB or Ninja or both. Mirus and Nija a good combo as well.
Tax benefits (6-/40), liquidity, comissions........it only makes sense.
GL, Grunt
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tmanbone
124 posts
msg #83570
- Ignore tmanbone |
11/28/2009 8:25:56 PM
You might consider opening a free ThinkorSwim demo and get involved in several of their 5 chatrooms. One in particular, the Marketcast, Ben Lichtenstien calls the big S&P pit, let's you know what the big boys are doing; lot's of sharp folks in the room trading the Dow, NASDAQ, S&P, Russel futures and everything in between. You can trade 1 lot contracts all day long with 5 or 6k margin, 1099 at the end of the year verses tracking every stock you traded. 100:1 leverage; what's not to like? Be careful you can lose every dollar you have and then some. This link is a good starting one: http://www.cmegroup.com/education/interactive/intro_to_futures/player.html Hope this helps.
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Eman93
4,750 posts
msg #83572
- Ignore Eman93 |
11/28/2009 8:54:54 PM
http://www.surinotes.com/index.cfm?CSEL=1002
He trades the ES everday and post charts all day long if you follow him on twitter... he uses a combination of Fib zone pivots and ABC pattern... also sells custom programs for TS..
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SFMc01
358 posts
msg #83620
- Ignore SFMc01 |
11/30/2009 1:46:42 PM
Thanks everyone. I'll follow up on your suggestions.
Steve
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