Emini Futures | Is Trading A Zero Sum Game?

According to George Carlin "Life is a zero sum game." Ask your undertaker if he agrees...

Is Trading A Zero Sum Game?

Well for starters, if you approach it as a game then the answer is quite probably yes. If on the other hand, you approach your trading business as you would any other business, the answer becomes an unequivocal no. Make that, Heck No!

In all business ventures we must confront the Profit and Loss sheet. Many businesses fail everyday both small and large. Good, hard working, tax paying people simply trying to bring a quality product or service to market at a fair price, sometimes fail. Despite the blood, sweat, tears, sleepless nights and fervent prayer, it just doesn't work out. 

Is that business owner now damaged goods in the eyes of man or God because of his failed speculation? He worked hard, planned well, and whether it was a change in the weather or the social climate, success eluded him.

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Emini Futures | Are Currency Futures Better Than Forex?

Are Currency Futures Better Than Forex?

Currency markets are the most liquid and active markets of any sector. However, there is also a great deal of misinformation, slick advertising, and even outright deception regarding this $2 Trillion Dollar a Day marketplace. For starters, a large percentage of that $2 Trillion is traded through what is referred to as the interbank market. The interbank market is the top-level foreign exchange market where banks exchange different currencies. This trading between banks is not accessible to retail traders and is estimated to account for the vast majority of the Trillion Dollar liquidity factor that attracts so many retail traders in the first place.

Our platform and proprietary indicator set performs well in both Currency Futures and Spot Forex. While we are more than happy to accommodate and train Forex Traders, we do prefer the Currency Futures as a trading vehicle. Here are a few of the reasons why:

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Emini Futures | Emini Podcast For June 14, 2012

Thursday night is our weekly Community Workshop exclusively for CFRN Partners. To learn more about Trading Emini Futures and to take a 1 Week Free Trial in our Live Emini Trading Room - APPLY!

To better understand the potential of trading Emini Futures with CFRN, here are a few sample videos - 

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Emini Futures | Emini Podcast For June 13, 2012

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Emini Podcast for Wednesday 06/13/12

Emini Futures | Top 3 Bearish Candlestick Patterns

Top 3 Bearish Candlestick Patterns

Bearish Engulfing Pattern: Look familiar? Great! Now you're starting to understand the sublime simplicity of reading Japanese Candlesticks. Yes there are many patterns and signals (over 100), however, simply learning a few very basic ones will add an entirely new dimension to your trading. Not only are the basic ones the most easy to spot, they are also the ones you can expect to show up on your Emini Chart most often.

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Emini Futures | Top 3 Bullish Candlestick Patterns

by DeWayne Reeves

Japanese Candlestick Patterns date back 300 plus years to rice traders in Japan. It is not mystical, magical, or madness. It's not even science. It is purely and simply a graphical representation of investor sentiment. The larger the time frame, the more important the signal becomes. It is only in the past 25 years that this type of trading found its way to the West.

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Emini Futures | S&P 500 (SPX) Top Ten Trading Tips

S&P 500 Top Ten Trading Tips

1. If you think training is expensive, wait until you see the tab for ignorance.
2. Find a broker who is willing to invest both time and money towards your success.
3. Write a business plan just as you would for any other business.
4. Develop a written trading plan with the help of your mentor.
5. Learn to identify and execute 3 high probability trade setups.
6. Do not trade real money until you have proven your setups in the simulator.
7. When you begin to trade real money start with only 1 contract.
8. Never trade without a hard stop loss in place.
9. Never increase your risk once you have entered a trade.
10. Journal every trade and stay in constant contact with your broker and your mentor.

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Emini Futures | Emini Podcast Thursday June 7, 2012

Partners Meetings every Thursday night usually preclude a complete post and commentary here on the blog due to time constraints. Our Community of Believers Who Trade For A Living continues to grow, thrive and prosper. Each Thursday night Michael and I must shift our focus exclusively to those who have made the decision to become a Partner.

Who we are and what we do, goes far beyond trading Emini Futures.

We believe that all men and women are called to a greater purpose than themselves or the simple pursuit of money. We also know that the "greater purpose" comes with a great price. We view the markets as a means to an end, not an end unto itself.

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Emini Futures | Trading On Rollover Day

Trading On Rollover Day

Thursday June 7th is official Rollover Day for the Emini Futures. Emini Futures including the S&P 500 (ES) Dow (YM) Nasdaq (NQ) and others expire on the third Friday of March (H), June (M), September (U) and December (Z). Rollover days are 8 days before expiration on the second Thursday of each of these months. These months have the letter designations H, M, U, and Z. In our Live Emini Trading Room and in our own trading, we do not switch contracts until volume in the new contract exceeds volume in the expiring contract. Depending on your platform you will usually have to change the symbol on both your chart and on your execution dom. Before placing any trades insure that the price on your chart matches the price on your dom tick for tick. As we are moving into the September contract, the correct symbol for our platform dtPro will be ESU2. If you are using a platform that offers continuous charts, you will be rolled over automatically on your chart but not necessarily on your dom so double check to be safe.

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Emini Futures | Emini Podcast For June 4, 2012

To listen to today's Emini Podcast click the headphones above. To make sure you never miss another broadcast, subscribe via  iTunes.

S&P 500 Emini Futures - The Doji

In proper context, the Doji  is one of the most powerful signals in Candlestick trading. It is a clear graphic representation that buyers and sellers have reached equilibrium or a state of indecision. The Doji, appearing after a significant move, relays critical information. As the chart below illustrates, the trend may be ending. If you are already in a position when the Doji appears, consider that it may be time to take profits or tighten your stops. The Doji can also signal a picture perfect entry. The chart below shows both an exit as well as an entry. Some Doji's are merely continuation signals. To learn the difference drop by our Live Emini Trading Room and we'll teach you how to put it in context and answer all your Emini questions. Trading Coach Robin Dayne will be there to take your questions as well.

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