David Adams
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E-Mini Trading: Let's Revisit the Scalping Style of Trading
There are many ways to trade the e-mini market, those styles range from short-term scalpers to swing traders to individuals using e-mini contracts to hedge against an existing position they already own. For me, scalping falls into the category of short-term scalping. My average trade is under one half hour, and even that would be a long trade. I try to take 5 to 8 trades a day, which is a bit... (posted by David 181 days 2 hours ago.)
There are many ways to trade the e-mini market, those styles range from short-term scalpers to swing traders to individuals using e-mini contracts to hedge against an existing position they already own. For me, scalping falls into the category of short-term scalping. My average trade is under one half hour, and even that would be a long trade. I try to take 5 to 8 trades a day, which is a bit... (posted by David 181 days 2 hours ago.)
The investment You Don't Need; Cash Value Life Insurance
As a longtime trader I have a rule about investments and insurance. I use investments and my trading ability to make money. I use insurance to protect the things I can't afford to lose. Further, never should the two asset classes meet. Insurance is a lousy investment, but it's great to protect against loss. Over 75% of life insurance policies sold today are cash value... (posted by David 1 year 285 days ago.)
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As a longtime trader I have a rule about investments and insurance. I use investments and my trading ability to make money. I use insurance to protect the things I can't afford to lose. Further, never should the two asset classes meet. Insurance is a lousy investment, but it's great to protect against loss. Over 75% of life insurance policies sold today are cash value... (posted by David 1 year 285 days ago.)
How to Use the Directional Movement Index
The directional movement Index is one of Welles Wilder's lesser-known creations, but it is explained in his book "New Concepts in Technical Trading Systems" published in 1978. Many of the most common indicators and use the today originate in this seminal book on technical trading. Consider the ADX, RSI, Average True Range; the Parabolic SAR and the Directional Movement Index all come... (posted by David 1 year 286 days ago.)
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The directional movement Index is one of Welles Wilder's lesser-known creations, but it is explained in his book "New Concepts in Technical Trading Systems" published in 1978. Many of the most common indicators and use the today originate in this seminal book on technical trading. Consider the ADX, RSI, Average True Range; the Parabolic SAR and the Directional Movement Index all come... (posted by David 1 year 286 days ago.)
Day Trading the Fibonacci Numbers: The Real Deal or Just Predictive Garbage?
Is there any real value in predictive statistics that traders seem to pull out of thin air? The proponents of the random market theory (efficient market theory and it's many variations) would say "absolutely not." But the army of Fibonacci proponents and a sea of floor traders who use them beg to differ, because they have watched prices stop on Fibonacci numbers time after time.... (posted by David 2 years 20 days ago.)
Is there any real value in predictive statistics that traders seem to pull out of thin air? The proponents of the random market theory (efficient market theory and it's many variations) would say "absolutely not." But the army of Fibonacci proponents and a sea of floor traders who use them beg to differ, because they have watched prices stop on Fibonacci numbers time after time.... (posted by David 2 years 20 days ago.)
Contract Considerations for Day Trading the ES Emini
It garners more trading volume than any emini contract on the Chicago Mercantile Exchange, and has run away (in trading volume) from any other futures contract currently traded. It the pint sized version of the S and P contract that traders have flocked to in recent years. Better yet, it is specifically designed and priced for the individual trader. What's not to like? I spend a decent amount of... (posted by David 2 years 25 days ago.)
It garners more trading volume than any emini contract on the Chicago Mercantile Exchange, and has run away (in trading volume) from any other futures contract currently traded. It the pint sized version of the S and P contract that traders have flocked to in recent years. Better yet, it is specifically designed and priced for the individual trader. What's not to like? I spend a decent amount of... (posted by David 2 years 25 days ago.)
How to Trade Pivot Points
I think the most important fact, yes I said fact, regarding pivots points is they are a prediction of future support and resistance levels. The key word in the previous sentence is "prediction" and traders should keep that in mind when trading pivot point systems. I have always been conflicted as to why pivot points (PP) become important throughout the course of the day. Most traders begin their day by plotting pivot points onto... (posted by David 2 years 29 days ago.)
I think the most important fact, yes I said fact, regarding pivots points is they are a prediction of future support and resistance levels. The key word in the previous sentence is "prediction" and traders should keep that in mind when trading pivot point systems. I have always been conflicted as to why pivot points (PP) become important throughout the course of the day. Most traders begin their day by plotting pivot points onto... (posted by David 2 years 29 days ago.)
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