Trading E-Minis For Dummies Like Me
Trade The What?
All of us have been searching for the ultimate answer to financial freedom. Guess what? I actually found it! What did I discover? How to trade US Futures without needing much knowledge of the market. Unlike stocks, you will make money in both Bull and Bear market.
I'm a right-brained kind of a person. I like to draw and I like to sing. Trading is not even the last thing in my list of things to learn. Honestly. No way! Too complicated and time consuming.
Well, that is, until I discovered E-minis. Maybe you've heard of it, maybe not.
E-mini Future traders trade the US indexes like the S&P500, Russell 2000 and Dow Jones. They don't trade the stocks directly. That's too much work! They just trade the indexes. For stocks, you trade shares. In futures, you trade the future contracts.
In trading, without training, your odds of winning are 50/50. With proper training, the odds increase to 70/30. To trade stocks, you need $25,000 in your trading account. With E-minis, all you need is $2,000 - $3,000, depending on your broker's margin requirement.
Where Can You Learn To Trade The E-minis?
In 1997, Traders International was formed by trader Afshin Taghechian who wanted to profit from the new emerging E-minis market. He developed the widely used and extremely effective TIMES methodology, teaching traders high probability signals to enter the market in both bull and bear conditions. TI provides an educational trading program for new members and an excellent support system second to none. Training includes money management and mindset management (psychology of trading).
Overview of Traders International an E-minis
In The Trading Room...
1). Professional Traders call the signals online to help trader enter the market.
3) Can ask questions to the moderator in the trading room to learn in depth why
certain signals are called.
4) Typical instruction: "Traders, we have a sell signal on the S&P coming up. Be
prepared to enter this trade when the red candle confirms".
5) Charts are provided for viewing and traders only need a trading pad to enter a trade.
6) Traders eventually learn how to trade on their own without relying on the
moderators to call the signals all the time. This comes with practice.
Trading Room Tour
Why YOU Should Join Me As An E-minis Trader
1) Work only 2-3 hrs a day and make $100 in a matter of minutes
2) You only need a computer and an internet connection with at least 1 megabit
3) Trade from anywhere in the world where wireless broadband is provided
– your bedroom, the beach, the park..
4) Trade part time or full time professionally. Eminis trade 23 hours a day!
5) Trade in your nighties! Or better still, nothing at all.
6) Treat it as a business with no staff, overhead costs or customers
7) No more wasting time in traffic
8) Too lazy to trade? Sleep in!
9) Take a holiday anytime of the day for as long as you want
10) Spend more time with your family
11) Be your own boss and make your own time
E-minis Traders Speak Out
The Big Question - How Much Can You Earn?
The sky's the limit! You will start trading with 1 contract and earn your way to as many contracts as your account allows. For 1 contract, depending on the brokerage firm that you select, it is advisable to put in $3,000 to start trading.
What is the average profit you can expect in a day based on 1 contract? That depends on how made trades you decide to enter in a day. Some months are quieter on the Market like August and December but in other months, you can get as many as 5-10 signals a day im both pre and cash market!
The probability of the TIMES Method has been proven to deliver 7 out of 10 times that it is identified. The odds are in your favor with this system.
Let's do a simple calculation on what you can earn with E-minis. Let's say that you trade the S&P 500 with a profit target of 2 pts for every trade you take. 1 pt is equal to $50, therefore 2 pts is $100. You have decided to play 2 trades a day using the TIMES Method. Your odds of winning are 70/30.
In 10 days, you have 7 profits and 3 losses. Each trade is $100 (definitely achievable)
Profit/Loss
Day 1 : $200
Day 2 : $200
Day 3 : ($200)
Day 4 : $200
Day 5 : $200
Day 6 : $200
Day 7 : ($200)
Day 8 : $200
Day 9 : $200
Day 10 :($200)
Profit : $800 x 2 = $1,600 a month
(53% return on your initial investment)
That's a neat little sum for working 2 hrs a day, 5 days a week in your spare time, don't you think? Remember, you are only playing with 1 contract. Let's say that you roll the profit back into your account and double your contract every month. Let's say that your target is to play 10 contracts in 10 months. Your reward? $16,000 a month! Roll it back for another 10 months and add 10 more contracts. $32,000 a month! Achievable? Absolutely!
Check it out, guys. It really works.
