How To Improve
How To ImproveWhat Do Serious Traders Do? 1. Risk is #1. Know your max risk per trade (dollar amount) and never let the trade lose more than your pre-determined. amount - EVER. Take the stop loss like a boss. Take the loss as soon as the price action proves the trade...
ES Emini Trading Tool: Streamdeck for Futures Traders
ADDITIONAL NOTES: I use my streamdeck for lots of ES Futures Trading. (more videos inbound!) I mark levels, breaks, holds, trend, .... Using a stream deck speeds up my trading because I am fiddling with the mouse MUCH less. Thus, more efficiency. With my simple...
S&P Futures Contract: Daily Loss Limit and Leverage
S&P Futures Contract: Daily Loss Limit and Leverage Discussion VideoTRANSCRIPT: (RAW - Don't Read) …Okay traders We had a fantastic discussion on the zoom this morning while we were watching…E S. Okay traders We had a fantastic discussion on the zoom this morning...
Losses | Good Losses | Bad Losses
Losing money is just a normal part of trading. It's tough, especially if it's a big loss, but it's important to remember that losses are just part of the process. The first thing you should do when you have a losing trade is make sure that you didn't make any mistakes...
Poem to Futures Traders
Bold and True Futures traders, bold and true, With nerves of steel and a keen view, You stand at the front line of the fight, Trading with all your might. In the world of futures, there is no room for doubt, You must stay sharp and never lose your route, For the...
What is Price Action?
Price action in the futures market refers to the movement of prices for futures contracts over a given period of time. It is a key concept in technical analysis, which involves using past price movements to predict future price movements. In the futures market,...
What is the meaning of FOMO?
Fear of missing out, or "FOMO," is a common emotion that can affect traders of all levels of experience. It can be especially dangerous in the fast-paced world of trading, where the temptation to make impulsive decisions can be strong. However, with the right...
Record Your Futures Trades
Recording your trades is GAME FILM. THREE WAYS TO RECORD YOUR TRADES: 1. I have a program on my computer that will take screenshots of my monitor when I enter a trade. So, at the end of the day, I have a folder FULL of screenshots. The program is called Keyboard...
Our “Core Strategy” for Trading ES Emini and MES Micro Futures Contracts
Introduction If you are looking for a trading system, that is.... When A PLUS B happens, then do C. A + B = C You found it! Our system allows for plenty of time to analyze the price action, understand our stop loss, size appropriately, and enter our limit orders. We...
If I Was A Brand New Futures Trader
If I was brand new... I would do bar by bar replay every night in TradingView. AND, then on the weekend REPLAY the BAR BY BAR for EVERY DAY.. Monday, Tuesday, Wednesday, Thursday, and Friday. Do them each day and THEN redo them EACH WEEKEND. BONUS: Print out the EOD...
When Not To Trade: An Example
“There is time to go long, time to go short and time to go fishing.” - Jesse Livermore. Knowing when NOT TO TRADE is IMPORTANT. VERY Important. Look what happened this AM! 40 points in under 60 seconds. Can you afford to be wrong? (*One ES contract would hurt.. 40...
ForexFactory Settings
ForexFactory: Week View. Picture 1: Settings Picture 2: Weekly Preview Based off the Settings
Pre-Market Checklist
Pre-Market "Pre-Flight" Checklist for Futures Traders Just as pilots have a pre-flight checklist, you NEED a Pre-Market checklist. This is a routine you do EVERY SINGLE TIME. You don't attempt to trade UNTIL you have DONE your pre-flight checklist. Even pilots with...
Why is MES More Powerful than ES?
**Why is MES More Powerful?** I am glad you asked. MES gives you a FINER, MORE DETAILED control over your RISK and PROFIT **THUS** finer control over your EMOTIONS. I can not express to you how important EMOTIONAL CONTROL is to the success of your trading. The #1...
What is a Futures Contract?
Overview of Futures What is futures? This video summaries it well. Watch for about 90 seconds. LINK: https://youtu.be/--H8SY334Zw?t=438
No Backside Development: What Does That Tell Us About Price Action?
Video #1Video #2What Happened 20 Minutes or So Later? Slow choppy grind up. Weak but it's moving north. As I said in the video, I would take the long but small leverage. And... price, once again, failed to create backside development! Choppy grind. Not the best price...