Emini Podcast | Episode # 1,638
Take a 1 Week Free Trial in our Live Emini Trading Room - Apply Today!
Every Trading Day 12-2pm Eastern
To view our charts and participate
in the live discussion
Compatible Trading Platforms
IMPORTANT NOTICE
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
Take a 1 Week Free Trial in our Live Emini Trading Room - Apply Today!
Welcome to the CFRN Trade Master
Friday's broadcast has now been uploaded. We apologize for the delay. A quiet night on Globex thus far, with price challenging the lows of Friday's session. Our Tweet on Friday offered a "day's pay" as the market made 3 points available below 1578. Again tonight we saw those same 3 points on our current Tweet and a little something extra for those willing to work late (or is it early?).
Or is it? I've seen traders with desktops so complex, it requires an advanced degree in computer science, a BS in engineering, plus a Phd in economics just to realize you're staring at their screen saver, not their charts. I'm not kidding. We're the first to agree that trading's not easy, but we do believe it can be simple. At the very least, we believe it can be simplified.
It's no secret the market only moves in 3 directions: Up - Down - Sideways
On today's broadcast we talk with author, Washington Post columnist and economics editor of the Wonkblog - Neil Irwin, about his new book "The Alchemists - Three Central Bankers and A World On Fire".
Neil's book takes a look at arguably the most powerful men and women alive today - Central Bankers. He moves from the history of money to the transparency, or lack thereof, of our own Federal Reserve System. During the interview we discuss a variety of topics surrounding loose monetary policy from today's QE Infinity, all the way back to the Creature from Jekyll Island.
Cash flows in from all points... It's the beginning of a new quarter, we have a loose cannon threatening the world with his thermo-nuclear pop gun and Europe is broke. Historically April is a strong month for stocks and both US and Global investors desperate for a return, are putting their money to work and fund managers couldn't be happier.
We watch the hubris with a cautious eye, a steady hand.. and a hard stop. This house of cards could come tumbling down faster than a DDOS attack on the Bitcoin mint. Exactly. We called it, it happened, but honestly officer.. we had nothing to do with it.
Need help? Just not enough hours in the day? Want to earn while you learn? In learning mode already, but still need to build your confidence level? Perhaps you feel you can learn quicker without the nagging pressure of needing to trade live before you're actually ready?
We have a solution - Our broker Burton Schlichter, understands the CFRN Trading Indicators and Methodology, second only to Michael and myself. In fact, in the Live Trading Room, you will often hear me turn to Burt and ask, "What do you think?". I trust his judgement more than my own in most cases. Why? He knows our system inside out, and he has more years of experience both as a trader and as a broker. He knows the habits and characteristics of the Good, the Bad and the Ugly.
CFRN is now in our 8th year of broadcasting. When Michael and I were just two struggling traders a few years back, we made a pact. If we ever managed to "crack the code", we agreed we would not only trade for a living, we would also dedicate part of our life, to teaching others how to trade. We know from experience how hard it is to find someone willing to teach you. That's why we don't require a C.C. to take our Free Trial.
Unlike stocks where you need a $25k account balance to daytrade, you can daytrade Emini Futures with an account as small as $3k. You can go short as easily as you go long. With only $500 margin, you control over $75k worth of S&P stock at current prices. For the purpose of daytrading, you can trade 1 S&P Emini Contract for every $500 you have in your account.