Cryptocurrency For The Global Christian Community
(BTCS)(BITCOMP)(BTC)(NYXBT)(NVDA)
Christian Traders
"Prosperity for God's People"
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Trading is risky and not suitable for all people. Please read the CFTC Required Disclosure Page and the CFRN Disclaimer Page as part of our Terms of Service.
For traders seeking hands-on instruction in a virtual classroom, we offer the CFRN Live emini trading room. CFRN wraps all of its proprietary trading systems, indicators, and methodology into this unique educational environment.
live market commentary, real-time application of the CFRN Proprietary Indicators, and trade signals in real-time.Ask questions and learn the most important trading lesson of all: WHEN, HOW, and WHY you should get in or out of a trade.
This show is so good because it not only talks about the markets , which we all are enthralled with, but also about finding out about ourselves and how it relates not only to our trading, but maybe even more important about how we see ouselves in the world we live in and how from the knowledge we take from this show can make ourselves a better human being in our life here on earth--I'll say it one more time"MAN I LOVE THIS SHOW"-thanks guys
(BTCS)(BITCOMP)(BTC)(NYXBT)(NVDA)
Christian Traders
"Prosperity for God's People"
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(QQQ)(DIA)(SPY)(GLD)(SLV)
We've taken on a keen interest in not only #Bitcoin, but #Ether, #Etherium and the entire field of #Blockchain Technology. With Bitcoin trading at $3,500 per coin, or token... it takes stone of steel to step up to the plate. Even then, you better wear a cup.
Yes, we are the Emini Radio Show that introduced you to Bitcoin back @ $2.00, however... being so busy teaching our global community to trade E-mini Futures, we failed to give it the full attention it deserved. Did we miss the boat? Is it too late now to step up to the plate? Maybe not! Answers to those questions and more are available in today's interview with BTC Media and Bitcoin Magazine CTO Tyler Evans. Click the headphones above for audio and video of the broadcast.
BTW - CFRN has been streaming 24/7 since 2005. Join us live M-F from 12-2pm EDT for Live Charts, Lively Discussion and answers to all of your trading questions. Our staff of Emini Trading Specialists are standing by, ready to assist you. 949-42-EMINI or 866-928-3310.
The sell-off in the S&P 500 Emini Futures which we alerted subscribers to Wednesday night, began @ 10:30pm EDT 08/09/17 and our entry price emailed to subscribers2468, is highlighted on the chart below.
From the 50% retracement highlighted on previous charts, the move appears to have bottomed for now at 2432/2433 which is a 62% Fib Extension based off the 50% Fib retracement @ 2472/2473 down to the swing low at 2442.75 and the retracement back to 2453.50 .
Prepare for a bounce when Globex opens for trading Sunday night at 6pm EDT.
Always remember, what we Traders refer to as Fibonacci (was actually a man). It is woven into our DNA, a flower, a seashell, the very fabric of the universe. The tiny sliver we have managed to harness for the purposes of trading, are but a very small part of something much larger that modern science may never fully understand.
While it is an integral part of a Trader's Toolbox, it IS NOT a standalone trading methodology for Emini Futures, Stocks, Options, Bitcoin, or anything else. It works beautifully as a confirmation tool, and is quite powerful at determining both short and long term price targets.
What makes me so certain? I spent several years and thousands of dollars chasing my own tail because I was told (and believed), that it was all one needed to be a consistently profitable trader. Nothing could be farther from the truth.
It is a foundational part of Technical Analysis as you've seen from the many charts we've posted over the years and the many articles we've written such as Fibonacci Tips For Emini Futures Trading . Which is part 1 of a 3 part series you'll find on many major finacial sites as well as our own. You'll also find an e-book on our web site Fibonacci for Emini Futures Traders.
Here's the initial 50% Retracement:
S&P500 Emini Futures - 50% Fibonacci Retracement
Here's the 62% Fibonacci Price Extension:
S&P500 Emini Futures - 62% Fibonacci Extension
We have published the Zones every Monday Morning @ 6:15am EDT since December 14, 2009 for all CFRN Partners. Each Thursday we reveal the current weeks Zones for the S&P 500 / Dow and Russell Emini Futures, plus Crude Oil, to the entire CFRN Community.
We have some Partners who simply use the Zones to reach their trading goals on a daily basis. Most CFRN Partners use them as a backdrop to the Rules Based Trading Methodology we teach M-F (2 hours a day) inour Live Emini Training Room.
After 6 to 9 months of publicly publishing the zones, we noticed a unique phenomena. Almost without fail, by the close of business each Friday, price on the S&P 500 Emini would either be, at or below the highest weekly zone, or.. at or above the lowest weekly zone.
A quick Google of CFRN Emini Weekly Trading Zones will provide you with numerous articles of varying length. Also, clicking the 'images tab' at the top of the Google Search Page will show you charts reaching back as far as our first posting on 12/14/09.
This week was no different. While price did manage to break below the lowest weekly zone for a number of hours Thursday night and into Friday morning (perfectly normal), by the close of the session, we were back above the lowest weekly zone, true to form as you can see on the Emini Chart below.
CFRN Emini Weekly Trading Zones
Spend the next week in our Live Emini Training Room and receive this week's Zones on Monday along with the CFRN Partners. Just visit Apply.CFRN.net . If you do not receive an email with both the Link and Password for the coming week, please email us support@cfrn.net .
Tyler Evans @tylev is a Bitcoin early adopter, entrepreneur, and investor. He manages business development and product for BTC Media, the world's leading Bitcoin media group, and is an editor at Bitcoin Magazine.
Tyler patiently answered questions Friday from the great unwashed (me). You'll find this interview both informative and entertaining. Just click the headphones above. Remember, we are discussing what has possibly been the greatest performing asset class, in the shortest amount of time, ever. Send him a Tweet and thank him for his time and honesty.
Stop the madness!
Wall Street has a new address - YOURS!
Visit Apply.CFRN.net or Call 949-42-EMINI (36464)
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(QQQ)(DIA)(SPY)(GLD)(SLV)
Last night we posed the question as to whether or not the markets would see a rebound or another down leg after the picture perfect 50% retracement. We drew the lines in the sand and with or without a Bad Korean Actor, you simply needed to recite your lines.
From leading a platoon in Afghanistan at just 23 years old, to law school, to corporate finance, @JohnLeeDumas seems to have finally found his home behind the microphone of one of the most popular Podcasts on the Internet - Entrepreneur on Fire or simply EoFire to his many ardent followers.
In the 60's or 70's it might have been called a Cult, but in today's audio hyped world it's simply called "Building Your Tribe" and it seems no one has done a better job of it than JLD. So popular in fact, he has shared air space with some of the biggest names in today's Entrepreneurial World and was the recent focus of a special article in Forbes Magazine.
If you missed today's Live Show, click above or below. John Lee comes on at the beginning of hour 2. This was a fun diversion from our normal daily programming, don't miss it! We have produced a daily show, 5 days a week since 2005. JLD does 7 shows a week. He's on our heels...
Great question. In theory it could see zero, but that would require 500 companies going belly up. So for now, we're going to look to the long side while still trading every short opportunity that presents itself. What's our prediction? Come on, you can't trip us up that easy.
Last night we laid out a perfect argument for the daily 50% retracement continuing higher, or giving us another leg to the downside. No need to prophecy, sit back, relax and follow the bouncing ball. Today it bounced lower, much lower and took virtually everything on the street with it other than Gold.
The post below this one shows yesterday's (08/09/17) sell-off and perfect 50% retracement. Tonight's S&P 500 Emini Chart shows exactly what that "next leg down" looks like. We've dropped through the lowest Weekly Trading Zone, however based on historical observance, by close of business tomorrow - Friday August 11th, the S&P Emini should be back up to 2439 or higher.
S&P 500 Emini Futures - 08/10/17
2432/2433 does present the opportunity. If it fails to hold, watch 2428/2429 and if the bottom falls out we could even see 2420/2421. Join us in the Live Training Room tomorrow and we'll walk you through the process, step, by step, by step. Remember, as intraday Emini Futures Traders, whether we rally or drop, matters not. As long as we have liquidity like we've seen the past 2 days, the world is our Oyster.
Join us Friday 08/11/17 @ 9:30am for Live Markets and Live Trading!
Password is - futures
Stop the madness!
Wall Street has a new address - YOURS!
Visit Apply.CFRN.net or Call 949-42-EMINI (36464)
YouTube Live Stream 12noon Eastern M-F
Live Charts / Lively Discussion / Participate in the discussion...
Questions?
Call us toll free @ 866-928-3310 during normal business hours.
After Dark - email support@cfrn.net or call 949-42-EMINI
(QQQ)(DIA)(SPY)(GLD)(SLV)
The S&P 500 Emini tumbled from a new all time high at 2488.50 which was put in place Tuesday 08/08/17 @ 12 noon EDT, to a fresh low of 2459 Wednesday morning 08/09/17 @ 5:30am EDT on Globex. This bottom happened 4 hours before Wall Street was even awake.
Start watching Globex. You might be surprised to learn who has the keys many days to the engine that drives global commerce. It's no longer who you think it is, at least not all the time.
Just prior to the Chicago Futures Market closing for the session this afternoon 08/09/17, buyers were able to bid the price back up to 2474.50, an exact 50% retracement of the previous day's rout. (see chart and video below)
The chart below shows both the sell off from Tuesday, as well as today's 50% rally off the bottom.
If we break above 2480, the door opens for a retest of the highs @ 2488.50. However, don't expect price to get there the first time up. Why? Sellers just whacked the market down almost 30 Points. Don't forget, Monday we spent most of the day session, locked inside a 4 point range. Is this a big deal? Yes.
As price approaches 2488.50, Seller endorphins will begin to flow (along with a bit of drool). Not wanting to be left at the altar, Sellers will begin to hit the Offer just before it reaches the previous high. Can they knock it down 30 points again? That depends on the COB (Commitment of Buyers). For price to rise it takes financial commitment. Buyers must step up to the plate and dig deep. However, once Buyers can see the whites of the Seller's eyes, all it takes for price to collapse is for Buyers to simply stop buying. No financial commitment required.
Possibly. If we see a break of 2465, then most likely we will head down to test the Wednesday morning lows. Buyers, just like Sellers, will probably front run the touch of 2459. Can they drive it 20 points putting it above 2480 reaching the safety zone we've pointed out? Only time and the COB can answer that question.
You can't throw a stone without hitting an Analyst who will tell you exactly what's going to happen tonight, tomorrow, even next week. If you throw 2 stones, chances are one of them will be right (might even be the same guy). However, it will be their day to crow because fate is fickle and their lucky guess will probably fail them by Friday. Men in expensive suits taking turns being the Prophet. One day their dancing like FredAstaire on their desktop, next day they've gone fetal uner the desk afraid to answer that damn phone. It just won't quit ringing (it's the boss).
We ourselves, solve the market equation not with more points, we use the "lazy man's way to riches" (lol) by trading more contracts. Of course, anything beyond 1 Contract, must be funded entirely by profits you earned in the market. Otherwise, you're not working with us. This means in the beginning you will use very aggressive risk management if you ever hope to stand with our Partners in the 10% line. Well do you?
The take away is this, once you've established the battle lines, based not on what might, could, or should happen, based on the delusional discipline preached by the prophet in the pulpit who currently has your attention span, but based on something concrete - what actually did happen. Once you understand what I just explained to you (no one gets it all the first time), it becomes quite obvious how all those Lizard Brains are going to function.
Even what action they'll take and even when they'll take it. A self-fulfilling prophecy. Now you, armed with the facts, not someone else's fanatical fiction, you don't have to worry if they'll take out the high, or the low.
Just simple evidence that they are willing to defend their position (Buyer or Seller), will create a sufficient bounce under normal range and volatility conditions to insure that no matter what they do, you can at least grab your goal for the day and go embrace life. Isn't life more than staring at charts all day? Well, isn't it?
I hope so, because Jesus and Ding Dong, I mean Kim Jung, say we have no promise of tomorrow.
Emini Futures Daily News - 08/09/17
Stop guessing, there's a better way. Let the chart tell you what's happening and take appropriate action. There you go guys. I've gone and unmasked Wall Street again. I suppose tomorrow my Karnak card will be revoked again (just got it back). Now all things considered, with no talent at all, even the worst Analyst should be right 50% off the time. Right? So why aren't they? Why aren't you? Because our Lizard Brains get distracted by all the shiny things the world of trading has to offer.
I got an email last night offering to sell me a Flux Capacitor to Enhance my Trading. At the same time he was damming the Charlatans who steal your magic beans. I'm sure it was all tongue in cheek. Wasn't it?
That's way too deep a topic for this post, but give me a call and I'll share a few things with you. I talk with guys every day who've been trading 5 / 10 / 15 years and they absolutely know, they are really (I mean really, really) close to becoming profitable. Wow!
They could have gone to Med School instead and made their mothers proud.
If you really want to learn how to trade, give me a call some time. Not now, all this typing made my head hurt. If I can teach you I will. Just convince me you really want to learn how to trade. Not learn some Flashy Vegas Illusion that's used to separate honest folk like yourself from your hard earned cash before you even get to Wall Street. Heck most are still in Jersey.
Seriously, call me some time. Maybe I really can help.
Stop the madness!
Wall Street has a new address - YOURS!
Visit Apply.CFRN.net or Call 949-42-EMINI (36464)
YouTube Live Stream 12noon Eastern M-F
Live Charts / Lively Discussion / Participate in the discussion...
Questions?
Call us toll free @ 866-928-3310 during normal business hours.
After Dark - email support@cfrn.net or call 949-42-EMINI
(QQQ)(DIA)(SPY)(GLD)(SLV)
It's true, we first taught the CFRN Radio Audience about Bitcoin when it was trading at a humble $2 per coin. We only wish we had BOUGHT our audience some Bitcoin at $2 per coin. We can only hope each member made the proper decision for themselves, whatever that might have been. (duh)
Of course the biggest financial headlines you'll find today are not whether Crypto Currencies will survive, the question is Which Crypto Will Thrive?
With Bitcoin reaching an all time high today of $3,500, and Ethereum reaching almost $300, it's obvious which one is the easier buy, but which one is the smarter buy? That is the question we are currently mining. Ethereum possesses qualities Bitcoin lacks. Bitcoin however has the attention of the masses, or at least the greater majority.
Over the coming weeks we hope to interview some of the big names in Cryptocurrency such as Chris Kline COO of Bitcoin IRA, Kyle Torpey Professional Bitcoin Writer, Vitalik Buterin of Ethereum.org and Christie Harkin Managing Editor of Bitcoin Magazine.
Emini Futures Daily News 08/08/17
Stay tuned as we bring you up to speed on what appears to be the future of cash.
As far as Daytrading goes, Emini Futures are by far, still the strongest candidate for many reasons. The major one being the available leverage. Intraday, traders are able to trade 1 S&P 500 Emini Contract for $500. The value of that contract is $50 times the current price of the index.
At today's new all time intra-day high, that placed the value of 1 contract at $124,400. Controlling 1/8th of a million dollars in Best of Breed S&P 500 Equity for $500 is not something you'll easily match in any "regulated" financial market.
Of course the S&P 500 Emini Futures Contract exists because the price of the original S&P 500 contract became to expensive for most traders to trade. To increase liquidity the E-mini was created at 1/5th the size and 1/5th the price. It quickly became (and still is) the most liquid and heavily traded financial instrument on Wall Street and Main Street as well.
This of course begs the question, what is the future for Bitcoin Futures, Ethereum Futures and Options for both? How far behind can they be? Could this be the next "big thing"? Stay tuned...
YouTube Live Stream 12noon Eastern M-F
Live Charts / Lively Discussion / Participate in the discussion...
Questions?
Call us toll free @ 866-928-3310 during normal business hours.
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(QQQ)(SPY)(GLD)(FB)(AMZN)
As an E-mini Trader, you have a choice... continue to chase hair brained get rich quick schemes, or learn how to trade. It really is that simple.
Trading's not easy, but it can be Simple
We are in our 2nd decade of helping Traders build their own trading business. You finance it yourself from the inside out with aggressive risk management and the simple Emini Trading Methodology we teach. I know people offer to finance your trading account (for a price).
You're easily convinced people are lining up to put big bucks in an E-mini Trading Account, just for you. Sounds like the answer to your dreams right? Ask yourself this, "Why would reasonably intelligent people with Real Money, give their money to an amateur when they can give it to a Wall Street Professional with a proven track record?"
Perhaps they just want to make America great again?
Starting with you... you lucky rascal.
Hey, somebody bought a lottery ticket last week and won $250m. Maybe I'm wrong.
Give it some thought. Based on how much you've already forked out, prepare for the wave of nausea about to sweep over you. You can let them bleed you dry, or you can do what you know is right. Right is rarely easy, but it can be simple and it is always right.
Do we at CFRN charge for our 90 Day Emini Futures Mentoring Program after the 5 Day Free Trial? Of course we do and it's not a secret. It shouldn't come as a surprise that you have to "pay" for your education. Doctors do. Lawyers do. Why shouldn't you?
What we don't do is fill your head with false hope and empty promises. If you spend 2 hours a day, 5 days a week, training in live markets for 3 months, plus utilize our Unlimited "One on One" Mentoring and have still not learned to reach a humble daily goal on a consistent basis, trading might not be for you. I know, those are fighting words.... Well?
Is it?
You tell me...
That's the Honest Truth about Emini Futures Trading.
Ready to Learn how to build your own Emini Trading Business? Visit Apply.CFRN.net
Or call us at 949-42-EMINI
We not only show you what we offer at no charge, we allow you to use it all for a week so you'll know for sure if what we do, is right for you. Who else does that?
Whatever you decide, we wish you all the very best on your Trading journey, and our team stands ready to be of service should you ever need us.
You Can Learn 1 Simple Trade Setup For Every Futures Market
Use of all CFRN Products and Services signify you have read and understand all required CFTC Disclosures and CFRN Disclaimers located at http://cfrn.net
Wayne Jett Author and my Wednesday Wingman delivered a fantastic show today along with my daily co-host "The Stock Whisperer". Check out the latest review of Wayne's riveting book - "The Fruits of Graft"
Everyone who actually knows anything substantive lies about the Great Depression and its causes.The most significant economic event of the 20th Century is said to be “too complex” too explain. In fact we now know, as we now know who killed John F. Kennedy (CIA, FBI, LBJ, Israel, and the Bush Family along with Cuban exiles and Corsican mafia), it is quite clear from this extraordinary book that the Great Depression was deliberately caused by the elite mercantilists (some would say fascists) in order to destroy the middle class competing for political and economic power, while concentrating wealth among the top bankers and political control over the US Government.
5 Star Review by Robert David Steele - American activist and former Central Intelligence Agency clandestine services case officer. He is known for his promotion of open-source intelligence. Read the full page review here -
http://phibetaiota.net/2017/05/review-the-fruits-of-graft/#more-125625
(you will be stunned)
Grab a copy at http://ClassicalCapital.com or http://Amazon.com.
Read My Digital Diary for the past 3 Years
Live Charts / Lively Discussion / Participate in the discussion...
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Call us toll free @ 866-928-3310 during normal business hours.
After Dark - email support@cfrn.net or call 949-42-EMINI
(GLD)(SLV)(SPY)(DIA)(CNAB)
Are E-mini's as good as #Gold? It depends. Are you trading or investing? While some would say "What's the difference?", night and day I say. For less than $1,300 I can own an ounce of Gold. What's that worth? In American dollars less than $1,300. In Canadian dollars? Closer to $1,700.
Tonight as I type, I can purchase 1 June S&P 500 E-mini Contract for $500. What's that worth? Tonight as I type, $119,850.00. Say what? That's exactly why Gold is Money and the S&P 500 Emini is the single most traded instrument this side of Elon's summer home (Mars).
This year in Berkshire Hathaway's annual letter to shareholders, the Sage of Omaha had this to say about Investing, not Trading.
"Over the years, I've often been asked for investment advice, and in the process of answering I've learned a good deal about human behavior," Buffett said in the letter.
"My regular recommendation has been a low-cost S&P 500 index fund," he said. "To their credit, my friends who possess only modest means have usually followed my suggestion."
Now to clear the air, investing in an S&P Index Fund and Trading S&P Emini Futures is as different as... yep, night and day.
Let's face it. Not everyone has what it takes to become a Trader. What does it take?
That is the Trading Trifecta and most "would be" Traders are missing at least one of the three. The most common missing element? The Personal Mentor, who by the way, will help you develop discipline and learn to be patient. He or she, will also help you Learn How to Trade.
He recommends investing in an S&P Index Fund because that takes no training, no special skill or talent. You buy it, forget it and hope for the best. So how much does that cost? If we use the Spyder S&P 500 ETF as an example, 1 Share (not a contract) the cost (as I type) is $240.30. What's it worth? In US Dollars - $240.30. Today was an up day in the markets and the share price of the SPY increased by $1.30 per share.
The S&P Emini which requires a Trader not an Investor at the helm, opened Sunday Night (last night) @ $2,3888.75. Over the course of the trading day today (Monday 05/15/17), price climbed to $2,402.25. That's a difference of $13.50 per Contract, not per Share. Each dollar or "point" the Emini Futures Contract rises or falls, is worth $50.
So the S&P Index Fund Investor made $1.30 per share today. Don't forget, as I type, each share will cost you $240.30. Just buy it and forget it.
The Emini Futures calculation is a little bit different. Remember, the Emini rose $13.50 per contract. Each point is worth $50.00. 13.5 X $50 = $675.00 Hmmm... why would Warren put you in the Index Fund rather than the Futures Contract?
Simple! He knows most "would be" Traders do not possess the Trading Trifecta - Patience, Discipline, Personal Mentor. He's helping you play it safe. Nothing wrong with that.
Keep in mind that since the S&P 500 Emini contract costs $500 to Buy (or Sell), and trades around the clock unlike the Spy, you could have bought 2 Shares of the SPY with $500, so your gain Monday is actually $1.30 X 2 or $2.60, plus you sleep like a baby. Right? Well... as long as it continues to go up you do.
Based on a semi typical up day in the markets (Monday), for $500 the SPY Investor with 2 Shares made $2.60. The Emini Futures Trader if he bought the open last night and sold the high today (pretty tough to do unless you have Weekly Trading Zones or a Personal Mentor), the market made $675.00 per Contract available.
It doesn't take a CPA to figure out $675, or even half of $675, is slightly better than $2.60. Agree? However, remember this... arguably the world's greatest Investor just told you to buy the SPY. Why? Safety, peace of mind, no muss, no fuss. Almost.
Remember 2008? Many Investors owned the SPY. On October 1,2007 the SPY was trading @ $135.24 per Share. Fast forward to February 2, 2009 and the SPY was trading @ 66.56.
During the "Great Recession" many retirees who were married to the SPY or many other Index Funds saw their portfolio drop in excess of 40%. Many were forced to come out of retirement and return to work. Can you say "Welcome to Walmart?".
Suffice it to say, both Trading and Investing are risky. While Futures may offer an opportunity to rack up outsized gains quickly, without a Trading Trifecta, you can actually lose it all and then some.
As you decide which path is correct for you, consider the amount of time you have to work with. How soon will you need to access your retirement funds. The longer the time horizon, the more risk you can afford. Please don't run scared and get that wisdom backwards.
Each person and financial situation is unique. Always check with a licensed Investment Professional before making any investment decision. If you chose the "Way of the Trader", ask yourself this very important question - "Do I have the Trading Trifecta?". Unless your answer is a resounding YES / YES / YES! Take Warren's advice, buy an Index Fund and simply forget about it.
Whichever decision you make, I wish you all the very best on your financial journey.
Read My Digital Diary for the past 3 Years
There's something on this earth you were created to be GREAT at! God created each of us to excel at something. Some of us know instinctively. Others spend years searching. Sadly, some just meander through life never finding the thing that wakes them up before the alarm and keeps them awake long after the Sandman has passed through Sleepy Town. Your spouse is snoring (gently), but when you close your eyes all you can see is Candlesticks. You slip out of bed at 3am to check the London open. If that's you, you might be a Trader.
It's this simple. Go to Apply.CFRN.net . Make a 5 Day - No Cost - Commitment. Put your name and your email in the little boxes, hit SEND, go check your email. Read the email, follow the instructions, then show up @ 9:30am EST any day M-F and let the journey begin. In a week you'll know. Don't let the past dictate your future. When your welcome email arrives with your Link and Password, keep reading.
We do Ninja and any Broker who clears through Gain Capital. If that's not you, there's instructions to download dtPro. We not only give you our Indicators for a week, we even provide the Platform (at no cost). There's no more excuses. Take the trial or go learn how to tie fly's. Bake a cake. Do something! You'll go blind if you keep watching Springer all day.
See you in the Trading Room - Apply.CFRN.net .
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(QQQ)(JDUST)(SPY)(GLD)(NVDA)
These 3 ingredients are critical to build a successful #Emini Trading Business. Too often Traders think a couple of Indicators, a few Setups, some money in an account and the fur coat and Bentley are just around the corner. That's also why 90% of would be talented Traders fail to make the final cut.
We've all figured out that taking just 2 points a day out of the S&P as we grow our account size is simply a function of math. In fact Einstein said the most powerful force on Earth was "compounding".
Simple. Because no one takes the time to teach them the right way to do it. The mechanics of the 2 points is probably the simplest part of the journey. It's all that noise between the ears that washes Traders out. When it's time to Trade, you have to take your emotions outside and tie them to a tree.
No distractions. No kids, telephones, email, chat box, Facebook, Twitter or CNBC. Just you, the market and solitude. Once you reach you daily goal, you're not on a roll, it's time to pick up the chips and put the mouse away. The list is so long this post won't hold it all.
Both Group Mentoring (2hours daily) and at least 45 minutes of 1on1 mentoring weekly, in the beginning. That's a minimum. You must become consistently profitable in Sim. We make you pass a test. The green light if you pass the test allows you to go live with 1 contract. You'll earn $100 a day gross (that's the goal) until you increase the account balance by $2k. The calendar will tell you when its time for the next contract.
Very simple. Designed to help you grow from 1 to 20 contracts in 24 months.
There's something on this earth you were created to be GREAT at! God created each of us to excel at something. Some of us know instinctively. Others spend years searching. Sadly, some just meander through life never finding the thing that wakes them up before the alarm and keeps them awake long after the Sandman has passed through Sleepy Town. Your spouse is snoring (gently), but when you close your eyes all you can see is Candlesticks. You slip out of bed at 3am to check the London open. If that's you, you might be a Trader.
It's this simple. Go to Apply.CFRN.net . Make a 5 Day - No Cost - Commitment. Put your name and your email in the little boxes, hit SEND, go check your email. Read the email, follow the instructions, then show up @ 9:30am EST any day M-F and let the journey begin. In a week you'll know. Don't let the past dictate your future. When your welcome email arrives with your Link and Password, keep reading.
We do Ninja and any Broker who clears through Gain Capital. If that's not you, there's instructions to download dtPro. We not only give you our Indicators for a week, we even provide the Platform (at no cost). There's no more excuses. Take the trial or go learn how to tie fly's. Bake a cake. Do something! You'll go blind if you keep watching Springer all day.
See you in the Trading Room - Apply.CFRN.net .
Read My Digital Diary for the past 3 Years
Live Charts / Lively Discussion / Participate in the discussion...
Questions?
Call us toll free @ 866-928-3310 during normal business hours.
After Dark - email support@cfrn.net or call 949-42-EMINI
(QQQ)(JDUST)(SPY)(GLD)(NVDA)
Figures Lie and Liars Figure — Go Figure.
The most frequent question I receive regarding our #Emini Trade Alert Service is “What % of your Trades are Winners?”.
#1) I hate the term “Winners”. We’re not playing the Lottery and it’s not a weekend junket to Vegas. We teach people what they need to know in order to build a successful Emini Trading Business. Whether or not they follow our advice to the letter, I have no way of knowing. We look at every trade as either profitable or unprofitable. No winning, or losing.
No one trade, or series of trades, defines a man or woman as a success or failure at the business of trading. Unprofitable trades are simply part of the business. Inventory, I call it.
Imagine the guy with the new Subway Franchise freaking out every time the manager said “Boss, we need more Salami and Swiss.” The boss goes into his office and begins to kick the wall while screaming, “How can I ever get ahead if I have to keep buying more Salami and more Swiss? Does it never end. Every time I turn around it’s more this and more that. I give up!”
Those new to the world of trading fail to realize (because no one ever teaches them) that Stop-Outs are the cheapest insurance policy you’ll ever buy. Were it not for the “Hard Stop” vs. the “Mental Stop” or even worse the “No Stop”, your new Trading Business would quickly implode and that’s why Futures Magazine and every other serious publication out there is quick to inform you that 90% of those who attempt to become Professional Traders will fail. Pretty bleak right?
Google this — “Define Professional Trader”, last time I checked, an article I wrote years ago (which is as true today as the day I wrote it) was still hanging out in the #1 spot below the ads. In case you don’t know, anyone can pay to be at the top of a Google search page. To be #1 in the organic search results must be earned. Lots of late nights, rejection letters and way too much caffeine.
Not with our Mentoring Program, but with out Concierge E-mini Trade Alert Service, we send out 8 markets nightly, 2 trades per market. The trades are valid for 24 hours and they often repeat again and again. Important prices and important areas are almost always tested. If nothing else, let that last sentence be your take-away from this article.
I could easily put together a spreadsheet, pie chart, even film a docu-drama that makes us look like the Holy Grail, when we’re not even Altar Boys. Therefore, I refuse to to do what most others do, cheat.
Other companies (I will not call names) have no problem presenting a set of numbers that makes it appear as though they can walk of water. We have a problem with that. Obviously if you know where the rocks are, it’s quite simple to create the illusion of walking on water.
Don’t settle for historical data, or even historical videos (which I do a lot of). Insist on seeing it done in real time. Websites lie, Emails lie, Traders lie, but the one thing that can not lie, is a real time chart. When your chart matches the other guys chart, live in real time, you know you’re being dealt off the top of the deck.
We did a public 3 year Beta Test on Twitter, also part of it was on Seeking Alpha and Stock Twits. The daily results are still there if you’re willing to dig. Why not do it on our own site? Because you can’t monkey with the time stamp on someone elses site. Validity.
The service has been active for over 2 years since the Beta ended. At Emini.CFRN.net you can see a daily video recap of each and every Concierge Trade since the service began. You will also see many stand alone video recaps where all I do is go over that day’s results for the Alerts. The others are part of the Daily Radio Broadcast, now in our 2nd decade.
It’s impossible for anyone to take every trade setup we send for 8 markets (2 trades per market) over a 24 hour period. The best we can offer is showing the email we sent the night before (every day — the good, bad and ugly), and every time the market has triggered on that Alert since the email went out. Again, the Alerts are valid until the next set comes out. The best I can do is show you what happened with the info I sent, the night before. What you do or don’t do with it, that’s up to you. It’s called “learning how to trade”, not “how to get lucky”.
We’re not prophets or psychics. We do know how to read a chart and we do have an understanding of how the “hive mind” reacts to certain situations and circumstances. While it is practically impossible to know how a lone wolf will react to real life or real market conditions, it is surprisingly simple (after years of study) to have a high probability idea of how the pack will react.
As we trade short term (flat at the close), we don’t struggle to knock it out of the park. 1st Base on a Bunt is sufficient for us. Once we have a good idea where the pack is headed, we simply hitch a ride long enough to grab our daily goal. If that trade turns out be unprofitable, we yell “Next” and take the next setup that we have quantified as giving us a definable edge. Once we reach our goal for the day, we simply put the mouse away.
We solve the market equation as a whole, not with more Points, but with more Contracts. The key is, every additional Contract added, must be underwritten with profits earned in the market. That’s how you define a Professional Trader — Profits. No more raiding the IRA, 401K, or Aunt Ida.
We teach our students to learn in Sim, go live with only 1 Contract, and then earn $2k before adding a second contract. The same 2 points that earn you $100 with in the S&P 500 Emini, will also earn you $1k once you’ve earned the right to trade 10 Contracts. The margin to trade each Emini Contract is $500. For that sum you gain control of over $100,000 of equity in the S&P Best of Breed.
Imagine walking into your Stock Brokers office, laying down 5 crisp $100 bills and saying buy me $100k worth of S&P stocks. Chances are he would call Security. No one argues with a mad man. Yet our Traders do it day in and day out. Also unlike Option Contracts where you’ve heard 80% of them expire worthless, that’s actually true. Not so with Futures. They either roll forward on expiration day, or you simply exit and take your profit or loss, whatever the case may be.
Funding the growth of your Trading Business internally, with profits you earned, is to build on a solid foundation the type of business that can ultimately generate, generational wealth. It’s slower than the Slick Willie Method (which doesn’t work), some say it’s a Slow Boat to China, but I’m happy to report… there really is a China over the horizon.
As you know, past performance is merely a way of tricking hard working honest would-be traders into subscribing to a service. That’s why we encourage you to take a 5 day trial. This way… instead of talking about what happened yesterday or last week, we’re talking about what happened today. You’re watching it live in real time with your own two eyes. The question then becomes, can you trust yourself?
The best way to determine if any trading service is for you, is to take a trial and trade the numbers in Sim. Then you will know if the service is for you.
If no trial is available, keep Googling. Find someone who will not just sell you the latest, coolest indicator or “trick” to come down the pike, search for someone who is willing to make an investment in your life (in exchange for the hard earned dollars you pay) and teach you valuable life skills both in group settings as well as one on one.
If you are to succeed, if you will someday stand in the 10% line, there is no other path to getting there. Trading’s not easy, but it can be simple.
Also, Trading shouldn’t hurt. Get help today.
Please email any questions to dreeves@cfrn.net .
Read My Digital Diary for the past 3 Years
There's something on this earth you were created to be GREAT at! God created each of us to excel at something. Some of us know instinctively. Others spend years searching. Sadly, some just meander through life never finding the thing that wakes them up before the alarm and keeps them awake long after the Sandman has passed through Sleepy Town. Your spouse is snoring (gently), but when you close your eyes all you can see is Candlesticks. You slip out of bed at 3am to check the London open. If that's you, you might be a Trader.
It's this simple. Go to Apply.CFRN.net . Make a 5 Day - No Cost - Commitment. Put your name and your email in the little boxes, hit SEND, go check your email. Read the email, follow the instructions, then show up @ 9:30am EST any day M-F and let the journey begin. In a week you'll know. Don't let the past dictate your future. When your welcome email arrives with your Link and Password, keep reading.
We do Ninja and any Broker who clears through Gain Capital. If that's not you, there's instructions to download dtPro. We not only give you our Indicators for a week, we even provide the Platform (at no cost). There's no more excuses. Take the trial or go learn how to tie fly's. Bake a cake. Do something! You'll go blind if you keep watching Springer all day.
See you in the Training Room - Apply.CFRN.net .
Live Charts / Lively Discussion / Participate in the discussion...
Questions?
Call us toll free @ 866-928-3310 during normal business hours.
After Dark - email support@cfrn.net or call 949-42-EMINI
(QQQ)(JDUST)(SPY)(GLD)(NVDA)
If nothing else, you now understand that all the Magical Indicators and Mystical Indicators on Planet Earth (no mater how much they cost), can't make you profitable.
The only way you will ever become consistently profitable as a Trader is to stop throwing away your time and treasure on useless gadgets and go find yourself a Personal #Emini Mentor. Someone who will teach you how to Read a Chart, how to Think in Probabilities and how to become Patient and Self-Disciplined.
We will not only teach you how to trade, we will teach you how to build your own Emini Trading Business. Take your financial destiny into your own hands.
Learning to Trade Shouldn't Hurt
Get Help Today!
Read My Digital Diary for the past 3 Years
There's something on this earth you were created to be GREAT at! God created each of us to excel at something. Some of us know instinctively. Others spend years searching. Sadly, some just meander through life never finding the thing that wakes them up before the alarm and keeps them awake long after the Sandman has passed through Sleepy Town. Your spouse is snoring (gently), but when you close your eyes all you can see is Candlesticks. You slip out of bed at 3am to check the London open. If that's you, you might be a Trader.
It's this simple. Go to Apply.CFRN.net . Make a 5 Day - No Cost - Commitment. Put your name and your email in the little boxes, hit SEND, go check your email. Read the email, follow the instructions, then show up @ 9:30am EST any day M-F and let the journey begin. In a week you'll know. Don't let the past dictate your future. When your welcome email arrives with your Link and Password, keep reading.
We do Ninja and any Broker who clears through Gain Capital. If that's not you, there's instructions to download dtPro. We not only give you our Indicators for a week, we even provide the Platform (at no cost). There's no more excuses. Take the trial or go learn how to tie fly's. Bake a cake. Do something! You'll go blind if you keep watching Springer all day.
See you in the Trading Room - Apply.CFRN.net .
Live Charts / Lively Discussion / Participate in the discussion...
Questions?
Call us toll free @ 866-928-3310 during normal business hours.
After Dark - email support@cfrn.net or call 949-42-EMINI