emini trading strategies 101
What exactly is an emini trading strategy?
A lot is said about emini trading strategies, usually in the context of emini trading strategy 'secrets' that (for a sum of money) a 'guru' will show you.
An emini strategy is not simply an emini system. Remember, a strategy is a plan of action designed to achieve a particular goal.
Having an emini strategy should not be confused with the (futile) search for a 'Holy Grail' emini system.
An emini system may be part of an emini strategy, but your strategy should be based upon your needs, circumstances and risk profile.
How do emini strategies differ from regular trading strategies?
Emini trading strategies differ from regular trading strategies only in that they are designed specifically to accommodate the characteristics and nuances of the emini. Click here for a definition of emini.
What types of emini strategies are typically employed?
There are many elements to an emini strategy, and a lot of jargon that may be confusing to novice emini traders, such as trend trading, breakout trading, macd crossover, moving average crossover and stochastics cross.
Click here for more information on these emini trading strategies.
Which emini strategies actually work?
All of the emini trading strategies listed above (and others) can work under the appropriate market conditions when used in a disciplined manner.
Which emini strategies do you use yourself?
An emini trading strategy, like any strategy has to be flexible and responsive to market conditions. Emini strategies I typically employ are:
- Buy and sell pullbacks to the CF MA1 as confirmed by the CF Cycle and CF DMT
- Buy and sell based on simple price action on a 5 minute chart
Click here for more on these emini strategies. Click here to experience these emini strategies in action.
What skills do successful traders have to develop to implement emini strategies?
To employ an emini strategy requires knowledge and skills. A knowledge of emini strategy can be learned but most people, ideally through learning about emini trading from seasoned traders.
I'd say the most important factors in successful emini trading are discipline and psychology: you have to learn to be the casino and not the degenerate gambler.
Are there emini strategies that are suitable for beginners?
Trial and error in emini strategy is not recommended. You can sign up for a course of study, or try your hand on a trading platform - but this can be expensive or you will not benefit from being with experienced traders. Learning from experienced emini traders in real time trades is the quickest and most effective way to figure out which emini strategies will work for you.
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